Thomas H. Lee Partners and Goldman Sachs Group Inc.’s private-equity unit are weighing on buying Blackstone Group LP’s GCA Services Group Inc., a provider of custodial services, according to sources.
Thomas H. Lee and Goldman Sachs’s consortium made an offer valuing GCA at about $1 billion, and there’s no guarantee it will prevail, Reuters reported. The company was acquired by Blackstone in 2012.
Spokesmen for Thomas H. Lee, Blackstone and Goldman Sachs didn’t give comment.
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