The Carlyle Group
Global PE firm with healthcare, defense, and consumer investments
Brands Owned by The Carlyle Group (9)
Accenture Federal Services
Government & Defense Services · 0 locations
Carlyle Group acquired Accenture Federal Services for $2.5B in 2018 as a carve-out from Accenture. Provides IT and management consulting to U.S. federal government agencies.
Acosta Sales & Marketing
Logistics & Supply Chain · 0 locations
Carlyle Group acquired Acosta, one of the largest food and consumer goods sales agencies in North America, for roughly $3B in 2014. Acosta filed for Chapter 11 bankruptcy in 2019 with $3B+ in debt, affecting thousands of field sales employees.
Booz Allen Hamilton
Government & Defense Services · 0 locations
Carlyle Group acquired Booz Allen Hamilton's government consulting division for $2.54B in 2008. Booz Allen IPO'd in 2008 (NYSE: BAH). Remains one of the largest U.S. government IT contractors with $9B+ annual revenue from federal agencies.
Cengage Learning
Education · 0 locations
Apax Partners and OMERS Private Equity sold Cengage (formerly Thomson Learning) to various PE hands including Carlyle. Cengage filed for Chapter 11 bankruptcy in 2013 with $5.8B in debt, largely from its 2007 LBO. Students faced continued high textbook prices throughout.
Hertz
Hospitality & Travel · 0 locations
Carlyle Group, Clayton Dubilier & Rice, and Merrill Lynch PE took Hertz private from Ford for $15B in 2005. The highly leveraged deal contributed to Hertz's 2020 bankruptcy — one of the largest in U.S. history — with $19B in debt. Emerged from bankruptcy in 2021.
ManTech International
Government & Defense Services · 0 locations
Carlyle Group acquired ManTech, a federal IT and cybersecurity services provider, for $4.2B in 2022. ManTech provides mission-critical technology to U.S. defense agencies, intelligence community, and civilian agencies.
PPD (Pharmaceutical Product Development)
Pharmaceuticals & Life Sciences · 0 locations
Carlyle Group and Hellman & Friedman acquired PPD, a global contract research organization, for $3.9B in 2011. PPD was acquired by Thermo Fisher Scientific for $21B in 2021. CROs like PPD have faced criticism for prioritizing speed over rigor in clinical trials.
The Fresh Market
Grocery & Specialty Food · 0 locations
Carlyle Group took The Fresh Market private for $1.36B in 2016. The upscale grocer struggled with debt and competition from Whole Foods and Trader Joe's. Carlyle sold it in 2020 to a consortium led by Apollo after years of store closures and leadership turnover.
Veyance Technologies (Continental Tires)
Manufacturing & Industrial · 0 locations
Carlyle Group acquired Continental AG's power transmission and conveyor belt business for $1.9B in 2014, rebranding it Veyance Technologies. Sold back to Continental for $1.9B in 2015 after restructuring.