Welcome to our dedicated page for The Carlyle Group news (Ticker: CG), a resource for investors and traders seeking the latest updates and insights on The Carlyle Group stock.
The Carlyle Group Inc. (NASDAQ: CG) is a global investment firm in the portfolio management industry, active across Global Private Equity, Global Credit, and Carlyle AlpInvest. News related to Carlyle often reflects its role as a sponsor, backer, or majority owner of companies in sectors such as media services, energy infrastructure, maritime and defense services, specialty insurance, and medical technology.
On this page, readers can follow CG news that includes announcements from Carlyle itself and from businesses in which it holds significant stakes. Recent examples include NEP Group highlighting Carlyle as its largest shareholder in connection with a major equity investment and refinancing, ARMADA Parent Inc. describing itself as majority owned by Carlyle and another private equity firm in an acquisition of Poseidon Industrial, and NineDot Energy noting that it is backed by Carlyle and Manulife in a corporate debt facility to support battery energy storage projects.
Other news items show Carlyle’s presence in specialty insurance and medical device manufacturing through its backing of Vantage Group Holdings and Resonetics. These stories illustrate how Carlyle’s capital supports acquisitions, growth initiatives, and financing transactions across its portfolio.
Investors and observers using this news feed can monitor developments tied to Carlyle’s investment activities, including portfolio company acquisitions, new funding arrangements, and changes in ownership structures where Carlyle is a sponsor or co-sponsor. By reviewing these updates over time, users can gain insight into how Carlyle deploys private capital across its Global Private Equity and Global Credit segments and how those decisions influence companies in multiple industries.
Compana Pet Brands, formerly Manna Pro Products, unveils a new corporate identity to reflect its growth in the pet care sector. With over 90.5 million U.S. households owning pets, Compana emphasizes its commitment to enriching pets' lives through a diverse range of quality products. The company has acquired 15 brands in five years, contributing to nearly half of its growth. Compana's sustainability initiatives aim to positively impact communities and the environment. Owned by Carlyle, Compana's portfolio includes brands in dog, cat, and various other pet categories.
On February 2, 2022, Rock Mountain Capital and The Olayan Group announced the acquisition of a 48% stake in PurposeBuilt Brands, previously held by Carlyle (NASDAQ: CG). Carlyle's exit was facilitated through this transaction, allowing TA Associates and company management to retain a 52% ownership stake. PurposeBuilt Brands, known for its specialty cleaning products, has celebrated 41 consecutive years of growth. The investment is expected to support further expansion and innovation in eco-friendly product lines.
On February 1, 2022, Carlyle (NASDAQ: CG) announced the completion of its acquisition of Involta, a leader in hybrid IT, cloud computing, and data center services. This strategic investment aims to enhance Involta's capabilities in delivering innovative hybrid cloud solutions and to support growing digital infrastructure needs. Involta's CEO emphasized the commitment to leveraging new capital for growth while maintaining exceptional customer service and operational excellence across its nationwide locations.
NineDot Energy announced a strategic investment from Carlyle (NASDAQ: CG) aimed at developing over 400 megawatts of clean energy systems by 2026. This investment will enhance local power infrastructure, providing reliable energy to thousands of New York households and businesses. The funds will support NineDot’s battery storage projects in areas like Queens, Staten Island, and Long Island, aligning with New York’s goal of achieving 100% clean energy by 2040 and a target of 6,000 MW of energy storage by 2030. This move emphasizes the role of battery storage in decarbonizing the electric grid.
Carlyle (NASDAQ: CG) has announced its agreement to acquire Involta, a leading data center company specializing in hybrid IT and cloud infrastructure. Involta operates 12 data center facilities and has a 12,000+ fiber-mile network supporting mission-critical IT solutions across the U.S. This acquisition aims to leverage Carlyle's resources to strengthen Involta's operations and expansion, primarily in the Midwest and beyond. The transaction, expected to close in Q1 2022, is aligned with Carlyle's strategy to invest in digital infrastructure, further enhancing its capabilities in this growth sector.
Huron Capital has sold a majority stake in Sciens Building Solutions to Carlyle (NASDAQ: CG), while retaining a minority interest and a seat on the board. Established in 2016, Sciens specializes in fire and life safety services, experiencing over a 35-fold increase in revenue and EBITDA since inception. This growth was driven by strategic investments and 13 acquisitions. Sciens aims to be the largest independent FLS integrator in North America under Carlyle's leadership, which will enhance its M&A capabilities.
The AES Corporation (NYSE: AES) has successfully acquired Valcour Wind Energy from Carlyle (NASDAQ: CG), enhancing its renewable energy portfolio in New York. Valcour's six wind farms, producing approximately 25% of the state's wind energy, significantly contribute to New York's goal of achieving 70% renewable electricity by 2030. This acquisition adds 612 MW of capacity to AES's operations, which also includes a 1 GW solar pipeline. AES aims to leverage this acquisition for further growth in renewable energy.
YipitData announced a Series E funding round of up to $475 million, led by Carlyle (NASDAQ: CG). The funding will support product innovation and expansion into new markets. YipitData specializes in providing detailed insights and analytics on sectors like ridesharing and e-commerce, serving over 400 investment funds and corporations. Carlyle's investment highlights its commitment to fintech, having invested approximately $5 billion in the sector. The collaboration aims to unlock value from alternative data sets and support new product launches.
Sverica Capital Management has announced a minority equity stake sale in portfolio company Resonetics to Carlyle, valuing the company at approximately $2.25 billion. Originally acquired by Sverica in 2014, Resonetics has grown significantly under its ownership, expanding from a single location to six and enhancing its capabilities in micro-manufacturing for the MedTech industry. Carlyle will join GTCR as a significant shareholder, while Sverica retains a minority stake, continuing its support of Resonetics' growth trajectory.
GTCR has announced a strategic investment in Resonetics, with Carlyle acquiring a minority equity stake, valuing the company at approximately $2.25 billion. This partnership aims to enhance Resonetics' capabilities in the Medical Tech sector, where it specializes in micro-manufacturing for interventional and minimally-invasive medical devices. GTCR's initial investment in Resonetics supports its substantial growth, including eight strategic acquisitions since 2017. The collaboration signals confidence in Resonetics' continued expansion and innovation in high-growth markets.