Latest The Carlyle Group Stories
WASHINGTON, Jan. 31, 2013 /PRNewswire/ -- Global alternative asset manager The Carlyle Group (NASDAQ: CG) today announced that its portfolio company Dynamic Precision Group has acquired Paradigm Precision Holdings, a Peabody, Massachusetts based provider of highly engineered components for turbine engines serving the commercial aerospace, defense and energy end markets. Terms of the transaction were not disclosed. Paradigm Precision is a global manufacturer of a diverse range of...
GREENWICH, Conn., Nov. 26, 2012 /PRNewswire/ -- Brynwood Partners VI L.P. announced today that it has sold its portfolio company, Balance Bar Company, to NBTY, Inc., a global leader in vitamins, supplements and active nutrition products and a portfolio company of The Carlyle Group. Balance Bar, founded in 1992, and acquired by Brynwood VI from Kraft Foods, Inc. in 2009, has been an innovator in the nutrition/energy bar category. The Company, which is headquartered in Valhalla, NY, is...
RONKONKOMA, N.Y., Nov. 26, 2012 /PRNewswire/ -- NBTY Inc., a global leader in vitamins, supplements and sports nutrition announced today that it has acquired Balance Bar Company, one of the pioneers in the nutritional bar category. "Nutritional bars are a $1 billion industry in the U.S. that we expect to continue to flourish as more and more people need healthy nutrition options on the go," said Jeff Nagel, NBTY's Chief Executive Officer. "We are very excited to be expanding our...
WASHINGTON and SEATTLE, Oct. 18, 2012 /PRNewswire/ -- Getty Images, a global creator and distributor of still imagery, video and multimedia products today announced the completion of its acquisition by The Carlyle Group (NASDAQ: CG), in a transaction valued at approximately $3.3 billion. (Logo: http://photos.prnewswire.com/prnh/20121018/SF95656LOGO) With the completion of the transaction, The Carlyle Group has acquired a controlling stake in Getty Images. Getty Images Co-Founder...
SHANGHAI, Aug.13, 2012 /PRNewswire-Asia/ -- Focus Media Holding Limited ("Focus Media" or the "Company") (Nasdaq: FMCN) today announced that its Board of Directors has received a preliminary non-binding proposal letter, dated August 12, 2012, from affiliates of FountainVest Partners, The Carlyle Group, CITIC Capital Partners, CDH Investments and China Everbright Limited and Mr. Jason Nanchun Jiang, Chairman of the Board and Chief Executive Officer of Focus Media, and his affiliates...
RESTON, Va., May 21, 2012 /PRNewswire/ -- Avail-TVN, the largest global provider of advanced digital video services, today announced that global alternative asset manager The Carlyle Group (NASDAQ: CG) will lead $100 million of new investment funding enabling Avail-TVN to acquire UK-based On Demand Group, a provider of video on demand services to some of the biggest television brands outside of the United States. Carlyle joins existing Avail-TVN investors including...
WASHINGTON, Feb. 2, 2012 /PRNewswire/ -- The American Association for Justice (AAJ) today called on the U.S. Securities and Exchange Commission (SEC) to reject The Carlyle Group's attempt to gut investors' legal rights as part of their initial public offering. The private equity buyout firm revised its registration statement earlier this month, adding a forced arbitration clause that would strip investors of their ability to hold Carlyle publicly accountable for fraud,...
NEW YORK, Nov. 29, 2011 /PRNewswire/ -- iLevel Solutions, a leading provider of private equity software and reporting solutions, today announced that The Carlyle Group and Duff & Phelps have selected iLevel's Portfolio Management Platform. The Carlyle Group, a global alternative asset manager, has selected iLevel to help automate the collection, analysis and reporting of financial performance information. Duff & Phelps, a leading provider of financial advisory and...
NEW YORK, Oct. 3, 2011 /PRNewswire/ -- Levi & Korsinsky is investigating the Board of Directors of Pharmaceutical Product Development, Inc. ("PPD" or the "Company") (NASDAQ: PPDI) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to an affiliate of The Carlyle Group and Hellman & Friedman. Under the terms of the transaction, PPD shareholders will receive $33.25 per share of PPD stock they own. The transaction has a...
LONDON, September 26, 2011 /PRNewswire/ -- Global alternative asset manager The Carlyle Group ("Carlyle") announced today that it has acquired ITRS Group ("ITRS" or the "Company"), a global provider of real-time monitoring systems for the world's financial institutions, in partnership with its founders and management. The transaction closed today. Financial terms were not disclosed. ITRS is a fast-growing, multi-award winning technology provider, primarily focused on...
