Apollo Management L.P. signed a definitive agreement with Goodman on Nov. 18 under which Apollo will acquire Goodman.
"We are pleased to announce this important transaction with Apollo," said John B. Goodman, chairman of Goodman's board of directors. "We believe that our strong brand names and market-leading position, combined with Apollo's financial resources and extensive relationships, will further Goodman's position as a premier company in the heating, ventilation, and air conditioning industry."