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The Carlyle Group Inc. reports developments as a global investment firm that deploys private capital through Global Private Equity, Global Credit, and Carlyle AlpInvest. Company news commonly covers financial results, fee-related earnings, fundraising, inflows, distributable earnings, shareholder updates, capital allocation, and share repurchase activity.
Carlyle updates also include partnerships that broaden private-market access for wealth and retirement channels, activity involving private equity, credit, real estate, and infrastructure strategies, and financing or transaction developments tied to its investment platform and portfolio companies.
Mensura Capital and Mensura Securities announced the sale of IMIA Group Holdings to investment affiliates of The Carlyle Group (NASDAQ: CG) and Stellex Capital Management. The terms remain undisclosed. IMIA is a marine contractor providing services to the U.S. Navy, including maintenance and repair of various vessel types. The company was established through the merger of IMIA Holdings and American Scaffold Holdings. Mensura specializes in M&A advisory services in the maritime sector, focusing on reducing transactional risks for clients.
Harris Williams announced its advisory role in the sale of IMIA Group Holdings, a provider of marine services, to The Carlyle Group (NASDAQ: CG) and Stellex Capital Management. Under J.F. Lehman & Company, IMIA expanded into new markets and enhanced capabilities. The firm employs over 1,500 personnel and addresses complex maintenance and construction needs for the US Navy. The transaction reflects significant growth potential driven by increasing US investment in naval services. Carlyle, managing $276 billion in assets, aims to leverage IMIA's established market position.
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.
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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.
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AlphaStruxure is set to commence the construction of the Brookville Smart Energy Bus Depot in location value="LU/us.md.monery"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.