NTK Holdings, Inc.
Classification
Private
About
About
NTK Holdings, Inc. was the holding company of Nortek, Inc. Founded in 1967, Nortek, Inc. is the manufacturer and distributor of building products for residential, light commercial, and commercial applications. Based in Providence, Rhode Island, Nortek, Inc. operates through a host of subsidiaries specializing in residential ventilation products (RVP), the home technology products (HTP), the residential air conditioning and heating products (Residential HVAC) and the commercial air conditioning and heating products (Commercial HVAC) segments. On March 31, 2010, NTK Holdings, Inc. filed for Chapter 11 bankruptcy, and as a result of this filing, NTK Holdings, Inc. was dissolved and Nortek, Inc. emerged as a public company (please refer to "Bankruptcy & Restructuring" section below for more information).
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
Keywords
Keywords
Classified
Private