Deals
Blackstone, Carlyle Consider $2 Billion Sale of Service King
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The private equity owners of auto repair-center operator Service King Paint & Body LLC are considering a sale of the company, people with knowledge of the matter said.
Service King’s owners, Blackstone Group LP and Carlyle Group LP, have had discussions with bankers about starting a sale process this year, said the people, who asked not to be identified because they weren’t authorized to speak publicly. The company could fetch more than $2 billion, the people said.