Scoop: Code Hennessy Plots Exit of GSE Environmental

After seven years, Code Hennessy & Simmons is preparing to exit GSE Environmental, two sources say. Code Hennessy, a Chicago PE firm, is considering a dual track strategy for GSE. It is currently interviewing bankers for a sale of the company and an IPO, the sources say. Any transaction will likely occur later this year, one person says.

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