Author: Jane Edwards|| Date Published: June 30, 2020
The Carlyle Group (Nasdaq:CG) has acquired Unison, aDulles, Va.-based provider of contract management, supply chain and procurementsoftware to federal agencies and contractors, from private equity investmentfirm Abry Partners for an undisclosed sum.
Unison was previously owned by Carlylebetween 2005 and 2010 and offers cloud-based platforms designed to helpagencies and contractors handle contract lifecycle management, procurement andgrants and program management functions, the companies said in a news release publishedMonday.
“We are pleased to re-join the Carlyleportfolio of companies to help craft the next chapter of Unison’s growth,” saidReid Jackson,president and CEO of Unison. “With Carlyle’s support, we will accelerate ourfocus on bringing ‘Applied Innovation’ to powering the business of governmentand their vendor partners.”
Carlyle made the acquisition by partnering with Unison management and using its $18.5B Carlyle Partners VII fund.
“We’re excited to partner again with ReidJackson and the Unison management team, who we have known for more than 15years,” Mike Gozycki, a managing director at Carlyle.
Gozycki added the Unison team has developedproducts tailored for the federal market and Carlyle will support Unison management’s plans to continueinvesting in software platforms.
Latham & Watkins and PwC respectivelyserved as Carlyle’s legal and financial advisers in the transaction. Kirkland& Ellis acted as legal adviser to Unison and Abry Partners.
Naval Information Warfare Center Atlantic has issued a solicitation seeking contractor support for shipboard command, control, communications, computers, cyber and intelligence,…
Radiance Technologies has elevated Darien Hammett to chief operating officer, placing him in charge of daily operations and execution across the company.…
latter’sRocket Lab announced Tuesday it has completed the acquisition of Mynaric, a laser-optical communications terminal provider, in a $155.3 million…
GreyNoise Intelligence has launched a command-and-control detection capability designed to give federal agencies earlier visibility into compromised infrastructure. GreyNoise’s new…
