Outlast Technologies acquired by private equity firm

04/04/2012

Phase change materials manufacturer Outlast Technologies has been bought by a Colorado-based private equity firm, Golden Equity Investments (GEI).

 

Outlast operations in North America, Europe and Asia will remain unchanged, and its workforce and leadership teams will remain in place and continue with business as usual, the two parties said at the time of the announcement.

 

The company will keep the Outlast name, but will convert to a limited liability company as part of the transaction to fit GEI’s structure.