Search Results for: Carlyle Group

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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Coalfire Buys Veris Group in Cyber Market Expansion Push; Larry Jones Comments

Cyber risk management services provider Coalfire has purchased Veris Group for an undisclosed amount in a push to grow cybersecurity offerings for the government and commercial sectors. The transaction will result in the creation of a combined firm that will work to provide security engineering support, consulting and assessment services to cloud service providers …

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Carlyle-Chertoff Alliance Buys Majority Share of Coalfire in Cybersecurity Push

A Carlyle Group–Chertoff Group partnership has bought a controlling interest in cyber risk management and compliance services company Coalfire Systems for an undisclosed sum. Louisville, Colorado-based Coalfire works with public and private sector organizations to help them assess their information technology systems and processes, Carlyle said Wednesday. “We believe Carlyle’s …

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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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