Tag Archives: carlyle group

Carlyle Group Cuts Booz Allen Ownership Stake to 20%

Global investment firm Carlyle Group will reduce its ownership stake in consulting services provider Booz Allen Hamilton (NYSE: BAH) to 20 percent through a sale of 13 million shares to Credit Suisse for $388, 440, 000. Booz Allen said Tuesday the transaction is valued at $29.88 per share — the firm’s Tuesday …

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Weekly Roundup Sept 14 – Sept 18 2015: 2015 GovCon Award Nominations Are In, No Deal for ULA & more

Weekly Roundup Sept 14 – Sept 18 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The list of this year’s Greater Washington Government Contractor Award finalists came out this week and the category of companies with more than $300 million in annual revenue …

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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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Weekly Roundup Aug 24 – Aug 28 2015: GovCon Index Mirrors US Markets’ Wild Ride & more

Weekly Roundup Aug 24 – Aug 28 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The world has been captivated over the last 10 days by the frenzied selloff in global stock markets then subsequent rebound over the past two days and government …

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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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Bloomberg: Investment Firms Bid on Airbus’ Defense Electronics Business

Airbus Group has received initial acquisition bids for its defense sensor and border security technology assets from private equity companies Blackstone, Carlyle Group and KKR & Co., Bloomberg reported Tuesday. Military technology firms Thales and Rheinmetall are also interested in acquiring the portfolio that generated approximately $1.2 billion in revenue during Airbus’ …

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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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Reuters: Finmeccanica Taps US Investment Bank to Help Offer DRS Pieces for Sale

U.S. investment bank Jefferies Group LLC will send out invitations next week in an effort to seek out potential offers for selected business units of U.S. defense contractor DRS Technologies, Reuters reported Tuesday. Pamela Barbaglia and Mike Stone report that Italian conglomerate Finmeccanica, DRS’ owners, have identified its aviation and logistics …

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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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