GeoStabilization to get $150 million term loan for buyout

By Sara Rosenberg

New York, Dec. 3 – GeoStabilization International plans to use a $150 million term loan to help fund its acquisition by KKR from CAI Capital Partners, according to a market source.

UBS Investment Bank and KKR Capital Markets are the leads on the debt.

Closing is expected this year, subject to regulatory approvals and other customary conditions.

GeoStabilization is a Grand Junction, Colo.-based provider of geotechnical maintenance services for critical infrastructure.

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