Alain Bellemare, an aerospace industry veteran, has been appointed an operating executive within the global aerospace, defense and government services group at The Carlyle Group (Nasdaq: CG).
Read More »Carlyle Group Buys Procurement Software Provider Unison From Abry Partners
The Carlyle Group (Nasdaq: CG) has acquired Unison, a Dulles, Va.-based provider of contract management, supply chain and procurement software to federal agencies and contractors, from private equity investment firm Abry Partners for an undisclosed sum.
Titan to Buy HII’s San Diego Shipyard; Andy Green Quoted
Titan Acquisition Holdings has agreed to acquire Huntington Ingalls Industries’ (NYSE: HII) San Diego shipyard for an undisclosed sum in a move to expand its ship repair capabilities to better meet the needs of the U.S. Navy, U.S. Army and other defense customers. The transaction will give HII a minority stake in Titan and is expected to close in the second quarter of 2020, subject to customary closing conditions.
Read More »Apax Funds to Buy Coalfire in Cybersecurity Growth Push
Funds advised by Apax Partners have agreed to buy cybersecurity assessment and consulting services provider Coalfire from The Carlyle Group (Nasdaq: CG) and The Chertoff Group for an undisclosed sum.
Read More »Carlyle Group, Stellex Close Purchase of Vigor, MHI; Jim Marcotuli Named CEO of Combined Firm
The Carlyle Group (Nasdaq: CG) and Stellex Capital Management completed the acquisition and merger of Vigor Industrial and MHI Holdings three months after they announced the transaction in an effort to form a combined ship repair and fabrications services company.
Read More »Bruce Larson to Become Carlyle Chief HR Officer in November
Bruce Larson, former partner at Goldman Sachs (NYSE: GS), will assume the role of chief human resources officer at global investment firm The Carlyle Group (Nasdaq: CG) on Nov. 4.
Read More »Carlyle Group, Stellex to Form Naval Ship Repair Company Through Vigor-MHI Merger
The Carlyle Group (Nasdaq: CG) and Stellex Capital Management have agreed to buy Portland, Ore.-based defense and maritime services firm Vigor Industrial and combine it with Stellex-owned MHI Holdings for an undisclosed sum to form a combined ship repair and fabrications services company.
Read More »Carlyle Group to Make Equity Investment in Military Aircraft Service Provider NORDAM
The Carlyle Group (Nasdaq: CG) signed an agreement to invest in NORDAM, a family-owned aerospace manufacturing and repair company, and will support the latter’s strategic plan and growth initiatives. The equity investment from the Carlyle Strategic Partners IV L.P. fund and debt financing will also help NORDAM emerge from Chapter …
Read More »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 …
Read More »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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