Date Closed

December 1, 2006

Lead Office

Montréal

Value

17.60 Billion USD

On December 1, 2006, Freescale Semiconductor Inc. was bought for US$17.6 billion by a private equity consortium led by Blackstone Group, but which also included Carlyle Group, Permira Funds, Texas Pacific Groupe.  The consortium teamed up with Caisse de dépôt et placement du Québec as an important co-investment partner for this deal.  The transaction resulted in being the biggest leveraged buyout of a technology company. 

Freescale Semiconductor, Inc. is an American multinational corporation headquartered in Austin, Texas with design, research and development, manufacturing and sales operations in more than 75 locations in 19 countries.

McCarthy Tétrault acted as counsel to Caisse de dépôt et placement du Québec.