DealBook: Carlyle to Buy Booz Allen Unit

The deal pairs two of the largest private companies in the region. Booz Allen, based in McLean, has 13,000 local employees and is one of the government's largest providers of services. Carlyle, based in the District, has $81.1 billion under management and is one of the largest private-equity firms in the world.

Voice Up

Voice Down

Flag

The sale is part of a broader split of Booz Allen’s commercial and government consulting groups...Simultaneous with Carlyle’s investment, Booz Allen’s commercial business will become a stand-alone company, which will be owned and operated by its officers.

Voice Up

Voice Down

Flag

Carlyle and the Washington Factor May 16, 2008, 2:39 pm Carlyle Group , the private equity behemoth, has for years been trying to shed its image as the ultimate Washington insider, profiting from its ties to the power brokers in government, business and the military.

Voice Up

Voice Down

Flag

4 New York: Private equity firm Carlyle Group is buying a majority stake in the US government business of Booz Allen Hamilton Inc for $2.54 billion, the management consulting technology firm said on Friday. Under the deal, McLean, Virginia-based Booz Allen said it will split in two, separating its US government business from its global commercial businesses.

Voice Up

Voice Down

Flag

Carlyle to Buy Booz Allen’s Government Unit May 16, 2008, 10:04 am Consulting firm Booz Allen Hamilton early Friday said it would sell a majority stake of its government practice to the private equity firm Carlyle Group for $2.54 billion. The announcement came four months after DealBook reported that a potential deal with Carlyle, run by David Rubenstein, was in the works.

Voice Up

Voice Down

Flag

Privately held consulting firm Booz Allen Hamilton said Friday it plans to sell a majority stake in its U.S. government business to private equity firm Carlyle Group for $2.54 billion, and spin off its commercial business into a separate company.

Voice Up

Voice Down

Flag