Corsair to get new financing for buyout by EagleTree Capital

By Sara Rosenberg

New York, July 26 – Corsair plans on getting financing led by Macquarie Capital and BNP Paribas to help fund its acquisition by EagleTree Capital from Francisco Partners and several minority shareholders, according to a news release.

As part of the transaction, the company’s founder and chief executive officer Andy Paul will maintain a sizable equity stake in Corsair and IMCO (Investment Management Corporation of Ontario) and the Honeywell pension will co-invest alongside EagleTree.

Closing is expected in the next several months, subject to customary conditions.

Corsair is a Fremont, Calif.-based provider of high performance branded computer products, including memory, components, peripherals, and complete systems.

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