The Carlyle Group Inc. Stock Price, News & Analysis

Sciens Building Solutions, a prominent player in the fire and life safety sector, has agreed to sell a majority stake to funds managed by Carlyle (NASDAQ: CG). While Carlyle will bring in additional resources for growth, Sciens' management and Huron Capital will retain minority stakes. The deal aims to enhance Sciens' capabilities in fire detection and security services across commercial and governmental sectors. The transaction is subject to customary closing conditions.

Magnus Technologies, based in Austin, Texas, has successfully completed its Series A growth financing round with LKCM Headwater, following prior investments from Carlyle and BCG Digital Ventures. The funding aims to accelerate the growth of its enterprise Software-as-a-Service (SaaS) Transportation Management System (TMS) within the $700 billion logistics market. Magnus focuses on modernizing TMS solutions for trucking companies, enhancing implementation speed and reducing legacy system burdens.

Duravant LLC has announced a strategic partnership with Carlyle (NASDAQ: CG) and Warburg Pincus, highlighting a significant investment. The terms remain undisclosed. This partnership aims to enhance Duravant's growth through new product development and geographic expansion in the automation solutions sector, which serves food processing, packaging, and material handling markets. With this collaboration, Duravant expects to capitalize on organic and inorganic growth opportunities, further solidifying its market presence and innovation in automation solutions.

Carlyle, a global investment firm, along with co-investors including Amgen Ventures and Merck Global Health Innovation Fund, has announced a strategic growth investment to acquire a majority stake in Saama Technologies. This investment aims to enhance Saama's AI-driven data management and analytics capabilities, focusing on accelerating drug development processes. Saama’s Life Science Analytics Cloud is utilized by over 50 pharmaceutical companies for clinical trials, potentially reshaping the drug development landscape through predictive insights and advanced data management.

CFGI, a top non-audit accounting advisory firm in the U.S., has announced a significant investment from CVC Capital Partners, valuing the company at approximately $1.85 billion. All existing shareholders, including Carlyle (NASDAQ: CG), are reinvesting alongside CVC. CFGI specializes in providing independent advisory services to CFOs, assisting with technical accounting and process improvements across various sectors. The transaction is set to close in Q4 2021, pending regulatory approvals, and CFGI will remain privately held under its current leadership while maintaining strong alignment with its workforce.

AlphaStruxure is set to commence the construction of the Brookville Smart Energy Bus Depot in Montgomery County, Maryland. This project aims to support 44 electric buses by 2023, enhancing the region's sustainability and electrification goals. Scheduled to be operational by mid-2022, the depot will utilize a 5.6 MW microgrid that includes energy storage and over 2 MW of charging capacity. This initiative is part of the county's climate action plan to reduce emissions and increase resilience to climate change.

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.