The Carlyle Group Inc. Stock Price, News & Analysis

Packable, previously Pharmapacks, has announced a merger with Highland Transcend Partners I Corp. The combined company will have a pro forma enterprise value of $1.550 billion and an equity value of $1.909 billion. A $180 million PIPE offering attracted significant interest from institutional investors. The merger aims to enhance growth, profitability, and market expansion. Key leadership additions are expected to drive progress, leveraging Packable's data-driven platform in e-commerce. The new ticker symbol will be "PKBL" post-merger.

Spiber, a biomanufacturing startup in Japan, has announced a capital increase of JPY 24.4 billion through an equity investment round. The funding involves global investors including Carlyle, marking its first-ever non-buyout growth investment in Japan. The total capital raise is JPY 34.4 billion, aimed at accelerating Spiber's global expansion and development of its innovative Brewed Protein™ materials. The post-money valuation stands at approximately JPY 133 billion.

Dublin and New York, Aug. 2, 2021 /PRNewswire/ -- Carlyle (NASDAQ: CG) has completed its acquisition of Fly Leasing Limited (NYSE: FLY) through Carlyle Aviation Partners, utilizing funds from its $61 billion Global Credit platform. The transaction followed all necessary regulatory approvals and shareholder consent. As part of the merger, FLY shareholders will receive $17.05 per share. Additionally, FLY has requested the suspension of trading of its ADSs on NYSE, with plans for delisting and deregistration. The Exchange Offer for FLY's senior notes, which expired on July 30, saw approximately 97% participation.

Carlyle (NASDAQ: CG) has announced its acquisition of LiveU, a leader in live video streaming and production solutions, from Francisco Partners. The transaction, pending regulatory approvals, aims to leverage Carlyle's expertise to foster LiveU's growth in the media tech sector. LiveU, founded in 2006, serves over 3,000 clients in 130+ countries, providing innovative solutions for live broadcast and remote production. Carlyle plans to boost LiveU's market position through mergers, acquisitions, and expanding its customer base, especially with the anticipated surge in demand for high-quality live content.

The Carlyle Group (NASDAQ:CG) has acquired a majority stake in 1E, a leader in Unified eXperience Management (UXM), enhancing its portfolio in digital experience technology. Founder and CEO, Sumir Karayi, retains a minority stake and will continue as CEO. The financial details of the acquisition remain undisclosed. Carlyle aims to support 1E’s growth, particularly in the US and UK, leveraging its Tachyon platform which manages over 11 million endpoints and drives $3 billion in productivity savings across 500 global customers, marking a significant development in infrastructure software.

Medline Industries has entered a definitive agreement for a majority investment from a partnership of Blackstone, Carlyle, and Hellman & Friedman. The transaction, subject to regulatory approvals, expects to close in late 2021. With 2020 revenue of $17.5 billion, Medline will remain privately held and family-led. The investment aims to accelerate product expansion, boost international growth, and enhance infrastructure. The Mills family will retain significant ownership, and the management team will continue in their roles, focusing on improving healthcare operations.

NEOGOV, a leader in public sector human capital management software, announced an investment from The Carlyle Group (NASDAQ: CG) and Warburg Pincus. The investment will fuel NEOGOV's growth by enhancing its operations and product suite while exploring acquisition opportunities. With over 6,500 clients, NEOGOV aims to leverage this new capital to expand and improve its services in the public sector. The Carlyle Group, managing $260 billion in assets, and Warburg Pincus, with over $60 billion in private equity assets, bring extensive industry expertise to support NEOGOV's strategic goals.

The Carlyle Group (NASDAQ: CG) has priced a $400 million offering of 4.625% subordinated notes due 2061 through its subsidiary, Carlyle Finance L.L.C. An additional $60 million of notes may be purchased by underwriters within 30 days. The offering is guaranteed by Carlyle and its subsidiaries and is expected to close on May 11, 2021. Proceeds will be used for general corporate purposes. The offering is made under an effective shelf registration with the SEC. Morgan Stanley, BofA Securities, Citigroup, and J.P. Morgan are joint book-running managers.