PE Firm Golden Gate Seals Deal For Crash Test Dummy Co.

Law360, New York (December 4, 2013, 1:42 PM EST) -- Golden Gate Capital has acquired crash test dummy developer Humanetics Innovative Solutions Inc. and its affiliates from fellow private equity firm Wynnchurch Capital, the companies announced Wednesday.

The financial terms of the deal were not disclosed, however, the Wall Street Journal reported the price tag was roughly $250 million.

Golden Gate Capital, which has experience in the technology and industrial sectors, will act like a holding company to help build the business in partnership with management over an indefinite time period, according to Humanetics.

The partnership,...
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