Talk:The Carlyle Group/Archive 24
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Not a blog
The following has been updated regularly line by line, acquisition by acquisition. This is not enyclopedic. Moved here for now.
- Since 2007
On January 28, 2007, the Carlyle group purchased Synagro Technologies, a municipal sludge hauler and spreader, for $5.76 per share.[2]
Carlyle continued to make large investments into 2007 as the buyout market reached its peak. In June 2007, Carlyle agrees to acquire HD Supply for $10.3 billion, along with Bain Capital and Clayton, Dubilier & Rice (with each agreeing to buy a one-third stake in the division). Home Depot sold their wholesale construction supply business to fund a stock repurchase estimated at $40 billion. Also in June 2007, Carlyle announced that it would partner with Onex Corporation to buy the Allison Transmission unit from General Motors for $5.6 billion.[3]
On May 16, 2008, Booz Allen Hamilton announced that it would sell a majority stake in the US government business to The Carlyle Group for $2.54 billion. The transaction was expected to be complete July 31, 2008.[4]
In November 2008, The Carlyle Group was named Private Equity firm of the year in the U.S. at the Financial Times-Mergermarket 2008 M&A Awards.[5]
In March 2009, New York State and federal authorities began an investigation into payments made by Carlyle's Riverstone Holdings subsidiary to placement agents allegedly made in exchange for investments from the New York State Common Retirement System, the state's pension fund. In 2000, Carlyle had entered into a joint venture with Riverstone Holdings, an energy and power focused private equity firm founded by Pierre F. Lapeyre, Jr. and David M. Leuschen.[6] It was alleged that these payments were in fact bribes or kickbacks, made to pension officials who have been under investigation by New York State Attorney General, Andrew Cuomo.[7] In May 2009, Carlyle agreed to pay $20 million in a settlement with Cuomo and accepted changes to its fundraising practices.[8]
On October 16, 2009, Carlyle Group bought Metaldyne – a global automotive components supplier.[9]
On November 30, 2009, David Rosendall, a Synagro executive was sentenced for conspiring to commit bribery, in the corruption scandal which eventually brought down the mayor of the City of Detroit.[10] The executive for the Carlyle portfolio company was caught giving cash to Detroit city leadership.[11]
On September 30, 2010, Carlyle Group announced the completed acquisition of nutritional supplement manufacturer NBTY for $4 Billion.[12]
On September 4, 2011, the carpet manufacturer Brintons announced that it had been acquired by the Carlyle Group.[13]
On October 3, 2011, the pharmaceutical contract research organisation PPD announced that it had been acquired by the Carlyle Group.[14]
In August 2012, Carlyle Group announced that it would purchase DuPont Performance Coatings (DPC) for $4.9 billion in cash.[15] DPC is a global supplier of vehicle and industrial coating systems. The transaction closed in the first quarter of 2013 and the new company was named Axalta Coating Systems.[16]
In October 2012, Carlyle Group sold its remaining 3.7% stake in Housing Development Finance Corporation for around $841 million.[17]
In November 2012, the Carlyle Group unveiled the first investment of its new Sub-Saharan African Fund. Carlyle is part of a small group of investors that will inject $210 million into Export Trading Group, a Tanzania-based agricultural company that sources commodities from Africa's small farmers and sells those goods to China, India and elsewhere.[18]
January 2013, Carlyle Group began talks to sell Synagro after plowing over $500,000 in 2012 to keep the entity afloat.[19]
April 23, 2013, Carlyle Groups subsidiary, Synagro Technologies, filed for Chapter 11 bankruptcy, and in lieu of sale, a reorganization and sale of the company to an affiliate of Swedish private-equity firm EQT. The offer price was set at $460 million, over $300 million less than what Carlyle group originally purchased the entity for in 2007.[20]
In September 2013, it was announced that Carlyle Group has purchased a minority stake in Beats Music for $500m.[21] This came as technology firm, HTC, liquidated their 24.84% stake in Beats for $265m.[22]
In February 2014, The Carlyle Group acquired Diversified Global Asset Management (DGAM),[23] a manager of hedge funds with more than USD6.7bn in managed and advised assets. Equity for the transaction came from Carlyle’s balance sheet. DGAM became Carlyle’s fund of hedge funds platform, and George Main and Warren Wright continued in their roles as CEO and CIO, respectively, managing investments and the day-to-day operations of DGAM[24][25][26]
In February 2014, Carlyle entered into exclusive talks with Tyco International to acquire its South Korean security systems unit, valued at around $2 billion.[27] On March 3, 2014, Carlyle announced it had reached a deal with Tyco to purchase its South Korean security business for approximately $1.9 billion in cash.[28]
In March 2014, Carlyle acquired ECi Software Solutions, a business management and e-commerce software company.[29]
In June 2014, Carlyle announced that it had raised $1 billion for financial company investing.[30]
In July 2014, Carlyle Group LP sold a London property to Blackstone Group for $514 million.[31]
In September 2014, Carlyle Group closed its fourth Asia fund at $3.9 billion. it is the second-largest private equity fund ever raised for Asia investments.[32]
In October 2014, Carlyle announced it would acquire a controlling stake in six power plants in the south eastern US state of Georgia worth $2 billion.[33]
In December 2014, Carlyle Group announced its chief accounting officer Curtis Buser would become the company's next chief financial officer.[34]
In August 2015, Carlyle announced it would acquire Symantec's data storage business, Veritas Technologies, for $8 billion.[35] On January 30, 2016, Carlyle Group purchased Veritas.[36]
In September 2015, Carlyle Group, along with the Chertoff Group acquired a majority stake in Coalfire Systems, a global cybersecurity and technology services provider specializing in cyber risk advisory, compliance assessments, technical testing and software services for private enterprises and government organizations.[37]
In September 2015, Carlyle acquired a 51% stake in PA Consulting.[38]
In November 2015, Carlyle Group acquired a majority stake in Brazilian specialised assistance provider Tempo Participações for an undisclosed sum.[39]
In January 2016, Carlyle and Revolution Growth acquired LDiscovery, a technology-enabled eDiscovery services provider.[40]
In March 2016, Carlyle and Vinci Partners acquired Brazil education company Uniasselvi.[41]
In March 2016, Carlyle acquired insurance broker JenCap Holdings LLC.[42]
In June 2016, Carlyle and Vogue International agreed to sell Vogue International to Johnson & Johnson Consumer for $3.3 billion.[43]
In July 2016, Carlyle acquired Akari Care, a healthcare and residential care group based in the UK.[44]
In August 2016, Carlyle acquired WellDyneRx, Inc., a U.S.-based pharmacy benefit manager.[45]
In September 2016, Carlyle acquired Amrod, a South African supplier of promotional products and clothing.[46]
In October 2016, Carlyle acquired Cupa Group, a global manufacturer of roofing slate.[47]
In January 2017, Carlyle acquired Claritas from Nielsen.[48]
In February 2017, Carlyle acquired Golden Goose Deluxe Brand. [49]
In March 2017, Carlyle acquired a significant minority stake in Delhivery Private Limited in India. [50]
In March 2017, Carlyle acquired Arctic Glacier. [51]
In May 2017, Carlyle invested in Sam McCauley Chemists Limited. [52]
In June 2017, Carlyle joined a group of more than 150 CEOS to sign on to the CEO Action for Diversity and Inclusion, the largest CEO-driven business commitment to advance diversity and inclusion in the workplace. [53]
In July 2017, the Carlyle and CITIC consortium acquired a 80% stake in Grand Foods Holdings Limited, the master franchisee of McDonald’s restaurants in China and Hong Kong. [54]
In July 2017, Carlyle acquired ADB SAFEGATE. [55]
In September 2017, Carlyle and Pacific Equity Partners jointly acquired the iNova Pharmaceuticals business. [56]
In September 2017, Carlyle closed a majority investment in Thomas Scientific. [57]
In September 2017, Carlyle acquired United Road Services. [58]
In October 2017, Carlyle purchased a stake in the skater-inflected clothing label and international retail chain Supreme (brand).[59]
In November 2017, Carlyle announced that it had earned a 100% rating on the Human Rights Campaign 2018 Corporate Equality Index. [60]
References
- ^ Photographed at the World Economic Forum in Davos, Switzerland in January 2008.
- ^ "Carlyle group buys Synagro". Carlyle.com. Retrieved 2015-10-16.
- ^ [1][dead link ]
- ^ "Booz Allen To Separate US Government and Global Commercial Business". Boozallen.com. 2008-05-16. Archived from the original on 2009-02-14. Retrieved 2014-01-18.
{{cite web}}
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ignored (|url-status=
suggested) (help) - ^ "FT Global Conferences & Events:FT Mergermarket M&A Awards – Americas 2008: | Overview". Ftconferenceslive.com. Retrieved 2014-01-18.
- ^ "Tessera Sells Project to AES". Imperial Valley Solar Project (SES Solar 2). February 17, 2011. Retrieved 21 August 2014.
Tessera announced that its 709-MW Stirling dish project was sold to AES Solar, a joint venture of Riverstone which was founded in 2000 by Pierre F. Lapeyre, Jr. and David M. Leuschen.
- ^ "NY Cuomo: Tainted deals included Carlyle Group" Reuters, March 19, 2009
- ^ Carlyle Pays $20 Million to Resolve Inquiry. The New York Times, May 20, 2009
- ^ [2] Archived February 27, 2012, at the Wayback Machine
- ^ "FBI sentences Synagro executive". Fbi.gov. Retrieved 2015-10-16.
- ^ "FBI video – Carlyle subsidiary giving cash to city leaders". Mlive.com. Retrieved 2015-10-16.
- ^ "The Carlyle Group Completes Acquisition Of NBTY, Inc. For $4 Billion".
- ^ "Brintons carpets acquired in deal of about £40m". BBC News. September 4, 2011.
- ^ [3] Archived May 27, 2013, at the Wayback Machine
- ^ "The Carlyle Group to Buy DuPont Performance Coatings Business for $4.9 Billion | The Carlyle Group". Carlyle.com. 2012-08-29. Retrieved 2014-01-18.
- ^ "The Carlyle Group Completes Acquisition of DuPont Performance Coatings | The Carlyle Group". Carlyle.com. 2013-02-03. Retrieved 2014-01-18.
- ^ Reuters (5 October 2012). "Deals of the day -- mergers and acquisitions". Reuters.
{{cite news}}
:|author=
has generic name (help) - ^ Carlyle Group to Make Africa Investment, United States: Wall Street Journal, 2012
- ^ "Carlyle attempts to sell Synagro". Reuters.com. Retrieved 2015-10-16.
- ^ "Carlyle Group Synagro files for bankruptcy". Online.wsj.com. Retrieved 2015-10-16.
- ^ "Beats taking $500m investment from Carlyle Group as HTC bows out". Musically.com. 2013-09-30. Retrieved 2014-01-18.
- ^ Serena Ng (27 September 2013). "Carlyle to Invest $500 Million in Dr. Dre's Beats Electronics". WSJ.
- ^ "The Carlyle Group Completes Acquisition of Diversified Global Asset Management" (PDF). DGAM. 2014-02-04. Retrieved 2015-08-11.
- ^ "Carlyle Group to acquire Diversified Global Asset Management". Hedgeweek. 2013-11-27. Retrieved 2014-01-18.
- ^ "Carlyle to buy Diversified Global Asset Management – Financial News". Efinancialnews.com. 2013-11-26. Retrieved 2014-01-18.
- ^ Lawrence Delevingne (2013-11-26). "Carlyle Group makes hedge fund push with DGAM purchase". Cnbc.com. Retrieved 2014-01-18.
- ^ "Carlyle in exclusive talks to buy Tyco's South Korean unit". Reuters. 25 February 2014. Retrieved 18 February 2014.
- ^ Carlyle Agrees to Buy Tyco’s South Korean Security Business, The New York Times DealBook, March 3, 2014
- ^ Banerjee, Devin (12 March 2014). "Carlyle Acquires Eci Software". SourceMedia. Retrieved 23 February 2015.
- ^ Collins, Allion. "Carlyle Raises $1 Billion for Financial Company Investing". Retrieved 23 June 2014.
- ^ Gower, Patrick. "Carlyle Group Sells London Office to Blackstone for $514 Million". Bloomberg. Retrieved 11 July 2014.
- ^ Aldred, Stephen. "Carlyle raises $3.9 billion for private equity's second biggest Asia fund". Investing.com. Retrieved 8 September 2014.
- ^ Carlyle to buy controlling stake in six natgas-fired power plants in Georgia. Reuters, 2 October 2014
- ^ "Private equity firm Carlyle names insider as CFO". Reuters. Retrieved 2014-12-19.
- ^ Roumeliotis, Greg (2015-08-11). "Symantec agrees to sell data storage unit to Carlyle: source". Reuters. Retrieved 2015-10-16.
- ^ corporate press release, Symantec and Veritas separation (PDF), retrieved 2016-02-15
- ^ "The Carlyle Group and The Chertoff Group Acquire Majority Stake in Coalfire Systems". carlyle.com.
- ^ "Carlyle buys 51% of PA Consulting". AltAssets. 29 September 2015.
- ^ "Carlyle buys majority stake in Brazil's Tempo, aims to take it private". Reuters. 9 November 2015.
- ^ "Two D.C. investment heavyweights buy Tyson legal technology firm". Washington Post.
- ^ "Carlyle and Vinci Partners Buy Brazilian Education Company". PE News.
- ^ "The Carlyle Group (CG) to Take Majority Stake in JenCap Holdings". Street Insider.
- ^ "Johnson & Johnson Is Buying Shampoo Maker Vogue International". Forbes.
- ^ "Carlyle Group agrees to buy care home provider Akari". Care Home Professional.
- ^ "Carlyle to buy WellDyneRx". PE Hub.
- ^ "Carlyle to buy South Africa's promotional products supplier". Reuters.
- ^ "Carlyle acquires roofing slate manufacturer Cupa Group". Real Deals.
- ^ "The Carlyle Group Completes Acquisition of Claritas from Nielsen". The Carlyle Group.
- ^ "Carlyle buys Italian high-end shoe company Golden Goose for €400m". Financial Times.
- ^ "$100 million Delhivery from Carlyle as e-commerce logistics hots up". The Economic Times.
- ^ "Carlyle to Acquire Arctic Glacier From H.I.G. for $723 Million". WSJ Pro.
- ^ "CCI adds Sam McCauley Chemists to its Irish list of investments". RTE.
- ^ "MORE THAN 150 CEOS MAKE UNPRECEDENTED COMMITMENT TO ADVANCE DIVERSITY AND INCLUSION IN THE WORKPLACE".
- ^ "McDonald's bumps up estimate for stores in China by 2022". Reuters.
- ^ "Carlyle to buy airfield lighting group ADB Safegate". Reuters.
- ^ "Valeant to sell its iNova Pharmaceuticals business for $930 mln". Reuters.
- ^ "The Carlyle Group and Management Close Majority Investment in Thomas Scientific". The Carlyle Group.
- ^ "Carlyle drives deal to purchase vehicle logistics firm". Mergers & Acquisitions.
- ^ SUPREME Confirms Investment From Carlyle Group Business Of Fashiom, VIKRAM ALEXEI KANSARA, 10/06/2017
- ^ "The Carlyle Group Earns 100% Rating on Human Rights Campaign Foundation's Scorecard on LGBTQ Workplace Equality". The Carlyle Group.
-- Jytdog (talk) 04:13, 18 November 2017 (UTC)
unsourced, living people
The following is almost entirely unsourced.
- Notable employees and advisors
The following is a list of both current and former employees and advisors.
- Business =
- G. Allen Andreas – chairman of the Archer Daniels Midland Company, former member of Carlyle European Advisory Board
- Daniel Akerson – former CEO and Chairman of General Motors, former Head of Global Buyout at Carlyle
- Joaquin Avila – former managing director at Lehman Brothers, former co-head of Carlyle Mexico
- Luis Téllez Kuenzler, Mexican economist, former Secretary of Communications and Transportation under the Felipe Calderón administration and former Secretary of Energy under the Zedillo administration, former co-head of Carlyle Mexico
- Laurent Beaudoin – CEO of Bombardier (1979–), former member of Carlyle's Canadian Advisory board
- Peter Cornelius – managing director of Nielsen Australia.
- Paul Desmarais – chairman of the Power Corporation of Canada, former member of Carlyle's Canadian Advisory board
- David M. Moffett – CEO of Freddie Mac, former senior advisor to Carlyle
- Karl Otto Pöhl – former president of the Bundesbank, former senior advisor to the Carlyle Group
- Olivier Sarkozy (half-brother of Nicolas Sarkozy, former President of France) – former co-head and managing director of its global financial services team[1]
- Politicians=
- North America
- George H. W. Bush, former U.S. President, senior advisor to the Carlyle Asia Advisory Board from April 1998 to October 2003.
- James Baker III, former United States Secretary of State under George H. W. Bush, Staff member under Ronald Reagan and George W. Bush, Carlyle senior counselor, served in this capacity from 1993 to 2005.
- Frank C. Carlucci, former United States Secretary of Defense from 1987 to 1989; Carlyle chairman and chairman emeritus from 1989 to 2005.
- Richard G. Darman, director of the Office of Management and Budget in the Bush Administration; former managing director[2]
- William E. Kennard, chairman of the Federal Communications Commission from 1997 to 2001 and United States Ambassador to the European Union; Carlyle managing director from 2001 to 2009[3]
- Arthur Levitt, chairman of the U.S. Securities and Exchange Commission (SEC) under President Bill Clinton, former Carlyle senior advisor
- Julius Genachowski, former chairman of the Federal Communications Commission, Carlyle managing director
- Frank McKenna, former Premier of New Brunswick, Canadian Ambassador to the United States between 2005 and 2006 and current deputy chairman of Toronto-Dominion Bank; former member of Carlyle's Canadian advisory board.
- Mack McLarty, White House Chief of Staff to President Bill Clinton from 1993 to 1994, former Carlyle Group Senior Advisor
- Randal K. Quarles, former Under Secretary of the U.S. Treasury under President George W. Bush, former Carlyle managing director
- Europe
- John Major, former British Prime Minister, former chairman of Carlyle Europe (2001 to 2004)[4]
- Asia
- Anand Panyarachun, former Prime Minister of Thailand (twice), former member of the Carlyle Asia Advisory Board until the board was disbanded in 2004[4]
- Fidel V. Ramos, former president of the Philippines, Carlyle Asia advisor board member until the board was disbanded in 2004[4]
- Peter Chung, former associate at Carlyle Group Korea, who resigned in 2001 after 2 weeks on the job after an inappropriate e-mail to friends was circulated around the world[5][6]
- Thaksin Shinawatra, former Prime Minister of Thailand (twice), former member of the Carlyle Asia Advisory Board until 2001 when he resigned upon being elected prime minister.[7]
- Media
- Norman Pearlstine – editor-in-chief of Time magazine (1995–2005), former senior advisor
References
- ^ Nick Clarck, Carlyle poaches Olivier Sarkozy, The Independent, 4 March 2008
- ^ [Darman Gets a New Job]. The New York Times, February 25, 1993
- ^ [Former F.C.C. Chief Joins Investment Firm]. The New York Times, May 2, 2001
- ^ a b c [THREE FORMER LEADERS LEAVE POSTS AT CARLYLE GROUP]. The New York Times, August 6, 2004
- ^ "Emailing banker bonks his Korean chickies".
- ^ [An E-Mail Boast to Friends Puts Executive Out of Work]. New York Times, May 22, 2001
- ^ "Anand outlines ties to group of giants". Thanong.tripod.com. Retrieved 2014-01-18.
-- Jytdog (talk) 04:20, 18 November 2017 (UTC)
This article is clearly edited by someone at the Carlyle Group.
This article is clearly edited by someone at the Carlyle Group.
"In Fahrenheit 9/11, Moore makes nine allegations concerning the Carlyle Group.[64] Moore focused on Carlyle's connections with George H. W. Bush and his Secretary of State James Baker, both of whom had at times served as advisers to the firm. The movie quotes author Dan Briody, who claimed that the Carlyle Group "gained" from the September 11 attacks because it owned military contractor United Defense.[17] A Carlyle spokesman noted in 2003 that its 7% interest in defense industries was far less than several other private equity firms.[65] Carlyle also has provided detail on its links with the Bin Laden family, specifically the relatively minor investments by an estranged half brother.[citation needed]"
Just look at the wording on that! Some of the citations also lead to 404 errors. — Preceding unsigned comment added by 2600:1700:4BB0:5330:2470:9F9B:3F1D:D589 (talk) 00:04, 15 June 2019 (UTC)
Yemen dispute
Moving this sentence from Scooter Braun to this talk page for now, since the underlying article is about Carlyle.
Braun received criticism from Swift's fans due to Carlyle Group's involvement in the war in Yemen.[1] Raffybund (talk) 17:16, 24 July 2021 (UTC)
- ^ Kelly, Kate; Coscarelli, Joe; Sisario, Ben (2019-11-24). "How Taylor Swift Dragged Private Equity Into Her Fight Over Music Rights". The New York Times. ISSN 0362-4331. Retrieved 2021-05-25.