Enterprise Investors Exits Polish Construction Company Danwood via Sale to South Korea’s GS Engineering and Construction for USD155.2m
Source(s): Enterprise Investors
Central and Eastern European private equity fund Enterprise Investors sold prefabricated house manufacturer Danwood to Korean construction company GS Engineering and Construction for EUR140m (USD155.2m). According to Enterprise Investors, the total gross proceeds generated by the investment amount to EUR238m (USD264m), yielding a 9x total gross multiple of cost. Read more»