Golden Gate Capital to acquire GAL Canada Elevator Products
Golden Gate Capital, a U.S. private equity firm, has agreed to acquire a majority stake in GAL Canada Elevator Products Corp, a Mississauga, Ontario designer, maker and distributor of elevator components and systems. The undisclosed investment was part of a broader agreement between Golden Gate and GAL Manufacturing Corp, which has its headquarters in the Bronx, New York. GAL was founded in 1927 as a family-owned business. Its Canadian affiliate is managed by Steve Husband.
5 May 2017•3 mins read
