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Carlyle Group to Buy StandardAero From Veritas Capital; Ramzi Musallam Quoted

The Carlyle Group (Nasdaq: CG) has agreed to purchase StandardAero from Veritas Capital for an undisclosed sum. The Washington, D.C.-based private equity firm said Tuesday it expects to close the deal by the end of the first quarter of calendar year 2019, pending regulatory approvals and other customary closing conditions. …

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Report: Carlyle Group Close to Sealing StandardAero Acquisition Deal

The Carlyle Group (Nasdaq: CG) is close to finalizing a deal worth more than $5B to buy StandardAero from Veritas Capital, Reuters reported Tuesday. Scottsdale, Ariz.-based StandardAero offers aviation maintenance, repair and overhaul support services to clients in military, general aviation and commercial sectors. Sources told Reuters the transaction could be disclosed …

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Carlyle Group’s US Buyout Fund Secures $18.5B Capital

The Carlyle Group (Nasdaq: CG) has raised $18.5 billion for its latest fund that invests in U.S. companies in defense and government services and aerospace industries. The private equity firm said Monday the amount of capital raised for the Carlyle Partners VII fund surpassed the $15 billion target, reflecting a 42 percent increase …

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Executive Mosaic’s Weekly GovCon Round-Up: Top 10 Stories

Weekly Roundup July 2 – July 6, 2018 Click here to see Real-Time GovCon Sector Quotes Executive Mosaic’s Weekly GovCon Round-Up: Top 10 Stories Jim Garrettson, Executive Mosaic CEO Hope everyone’s 4th of July went well. Here are the Top 10 stories for this week. – Jim THIS WEEK’S TOP 10 NEWS STORIES …

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Executive Mosaic’s Weekly GovCon Round-Up: AWS Public Sector Summit & Company News and Top 10 Stories

Weekly Roundup June 25 – June 29, 2018 Click here to see Real-Time GovCon Sector Quotes Executive Mosaic’s Weekly GovCon Round-Up: Larry Prior Joins the Carlyle Group; Firm Renews Federal Focus and Top 10 Stories Jim Garrettson, Executive Mosaic CEO Larry Prior Joins the Carlyle Group; Firm Renews Federal Focus     …

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Tiffanny Gates to Become Novetta CEO in March

Tiffanny Gates, federal business president at Novetta since January 2016, will elevate to the CEO role at the McLean, Va.-based analytics technology company in March 2017. Novetta said Feb. 10 that Gates will succeed Peter LaMontagne, who will leave the company in a full-time capacity. Global investment firm Carlyle Group purchased Novetta in …

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Weekly Roundup November 28 – December 2, 2016: CACI’s Jack London, Booz’s ‘2020’ Buy & more

November 28 – December 2, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Jack London, executive chairman of CACI International’s board of directors, is an iconic figure to the government contracting and Washington, D.C. business communities. Often referred to as the “founder …

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December 1 Market Close: GovCon Index Flat on Services Stock Declines & Aerospace Gains

Executive Mosaic’s GovCon Index closed in narrow range Thursday to start the final month of 2016 as sharp declines by government services contractors offset large gains for aerospace stocks in a session that saw U.S. stocks close mixed. GovCon Index decliners outnumbered advancers by a 2-to-1 ratio and five of its 11 S&P 500 stocks …

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Carlyle Group to Sell All Remaining Booz Allen Shares

Global investment firm Carlyle Group plans to sell the remaining 11.3-percent stake it holds in government services contractor Booz Allen Hamilton (NYSE: BAH) six years after the latter’s initial public offering. Booz Allen said Thursday it expects Carlyle’s divestiture of 16.7 million shares for $36.75 each through a secondary offering to close Dec. …

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Carlyle Group Reduces Booz Allen Ownership Stake to 11.3%

The Carlyle Group (Nasdaq: CG) has cut its ownership stake in Booz Allen Hamilton (NYSE: BAH) to 11.3 percent after the private equity firm sold 13 million shares to Morgan Stanley & Co. for $377.13 million. Booz Allen said Monday the transaction is valued at $29.01 per share and the sale will close by …

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