Search Results for: Carlyle

Carlyle to Purchase Analytics Provider Novetta Solutions From Arlington Capital

Private equity firm The Carlyle Group has agreed to purchase McLean, Va.-based analytics services contractor Novetta Solutions from Arlington Capital Partners for an undisclosed sum. Novetta said Thursday it expects to close the transaction later this year and the deal will be funded by equity capital from the $13 billion Carlyle Partners VI fund. Carlyle’s …

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Reports: Symantec Talks Potential Veritas Sale to Carlyle Group for $8B

Symantec (Nasdaq: SYMC) and private equity firm Carlyle Group are discussing the potential $7 billion to $8 billion sale of the former’s Veritas data storage business unit, Bloomberg reported Wednesday. Alex Sherman, Kiel Porter and Jordan Robertson write that negotiations on the potential deal’s terms are still underway. Sources told Bloomberg that interested …

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Carlyle Group Managing Director Frank Finelli Inducted Into Wash100 For Acquisition and Financial Leadership

Executive Mosaic, Tysons Corner, VA March 11, 2015 – Frank Finelli, a managing director at the Carlyle Group, has been elected into Executive Mosaic’s Wash100 list of the most influential leaders in GovCon for his leadership role in the acquisition and financial services market. The Wash100 is the premier group of …

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Carlyle Group’s Booz Allen Ownership Stake to Become 29%

The Carlyle Group will reduce its ownership stake in Booz Allen Hamilton (NYSE: BAH) to 29 percent after the equity and investment firm sold 12 million shares to Morgan Stanley & Co. for approximately $353 billion, or $29.42 per share. Booz Allen said Monday it expects to close and settle the …

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Carlyle Group Reduces Booz Allen Ownership Stake to 37%

An affiliate of The Carlyle Group (NASDAQ: CG) has sold 10 million shares of Booz Allen Hamilton‘s (NYSE: BAH) Class A common stock to J.P. Morgan Securities for $263.1 million, or around $26.31 per share. Booz Allen said Wednesday that these transactions would result in Carlyle owning 37 percent of Booz Allen’s outstanding stock. The firm added that it also …

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Curtis Buser Appointed Acting Carlyle Group CFO

Curtis Buser, a longtime accounting director at the Carlyle Group, has been appointed as the firm’s acting chief financial officer, the Wall Street Journal reported Monday. Michael Calia writes the executive will fill the role while the firm searches a replacement for Adena Friedman, who left the position vacant following …

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Former FCC Chair Julius Genachowski to Help Carlyle Group Manage Tech Investments

Julius Genachowski, chairman of the Federal Communications Commission between June 2009 and May 2013, has joined private equity firm The Carlyle Group as a managing director and partner for the U.S. buyout team. Genachowski will work out of Washington and help the firm identify opportunities to investment in the global …

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Report: Carlyle Group Preparing Sale Of ARINC

Carlyle Group is preparing to sell ARINC at a private auction later this spring, according to Reuters. A sale of the Annapolis, Md.-based aerospace and defense company could be worth between $1.2 billion and $1.5 billion to Carlyle, according to Soyoung Kim’s report. Carlyle acquired ARINC from six U.S. airlines …

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CoVant, Madison Dearborn to Buy Airborne ISR Tech Provider AEVEX Aerospace

covant-madison-dearborn-to-buy-airborne-isr-tech-provider-aevex-aerospace

Madison Dearborn Partners and CoVant Management have signed an agreement to purchase AEVEX Aerospace, a provider of airborne intelligence, surveillance and reconnaissance systems, for an undisclosed sum. The transaction is expected to be finalized by the end of the first quarter of 2020, subject to customary closing conditions, the companies said in a joint release published Monday.

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