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Eric Goodison Quoted in The Daily Deal
Corporate partner Eric Goodison is quoted in an article discussing the buyout of Emergency Medical Services Corp. (EMS) by New York private equity shop Clayton, Dubilier & Rice LLC. According to a regulatory disclosure, Clayton, Dubilier & Rice is investing $900 million in the purchase of EMS, while tapping $2.675 billion in debt, resulting in a debt multiple higher than the average.
Eric said "Obviously leverage has been creeping up as it tends to do in a credit cycle." The article was published in the March 3 Daily Deal.