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DealBook: Carlyle to Buy Booz Allen Unit

McLean :: USA | May 16, 9:17 AM | Event Rating: 0
DealBook: Carlyle to Buy Booz Allen Unit
Event summary
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 ...
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Source: Washington Post | May 16, 11:11 PM

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 ...

Source: The New York Times | May 16, 10:02 PM

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 ...

Source: The New York Times | May 16, 3:26 PM

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 ...

Source: Gulfnews.com | May 16, 3:12 PM

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 ...

Source: The New York Times | May 16, 9:43 AM

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 ...

Source: CNN | May 16, 9:17 AM

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....

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