More Than Money: IPO Takes GE Finance Arm in a New Direction
More Than Money: IPO Takes GE Finance Arm in a New Direction
When the Audax Group acquired Aavid Thermaloy, a top maker of heat sinks and cooling systems for everything from PCs to EVs, in late 2012, the private equity firm used a loan from GE Capital to close the transaction. Sounds like a plain vanilla financing deal, but it did not stop there.