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M & A : Financial Sponsor Last Updated: Dec 21st, 2008 - 07:03:50


Black Diamond Capital Management to Acquire Hines Horticulture Assets

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Date: Dec 19, 2008

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Black Diamond Capital Management, L.L.C., ("Black Diamond"), announced today that the United States Bankruptcy Court for the District of Delaware entered an order authorizing Hines Nurseries LLC, a newly formed limited liability company owned 100% by entities managed by Black Diamond, to acquire substantially all of the assets of Hines Horticulture, Inc. and its wholly-owned subsidiary, Hines Nurseries, Inc. one of the leading horticulture companies in North America.


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Black Diamond Capital Management L.L.C.

FIRMS

Black Diamond Capital Management, L.L.C. is a leading privately-held alternative asset management firm with approximately $5 billion under management in a combination of hedge funds, structured vehicles and funds with distressed debt /private equity control strategies. Founded in 1995, Black Diamond has offices in Greenwich, CT and Lake Forest, IL.
 
PEOPLE
 
Christopher Parker, Managing Director at Black Diamond Capital Management

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