Global alternative asset manager The Carlyle Group (NASDAQ: CG) and The Chertoff Group, a global security and risk management advisory firm, today announced they have acquired a majority stake in Coalfire Systems, Inc.This deal comes just weeks after Carlyle bought Novetta Solutions. At the time I wrote:
Founded in 2001 and based in Louisville, Colo., Coalfire is a global cybersecurity and technology services provider specializing in cyber risk advisory, compliance assessments, technical testing and software services for private enterprises and government organizations. With its technical depth and breadth of IT services, Coalfire serves clients in sectors including technology, retail, payments, healthcare, financial services, education, local and state government and utilities.
Carlyle Managing Director Julius Genachowski serves on President Obama's two intelligence boards, so he is in a unique position to see government intelligence needs and advise Carlyle's triumvirate to invest accordingly. His bio on Carlyle's website stated:
Yes it would. Insiders are betting with the expectation of winning big.Mr. Genachowski has long advised President Obama on technology issues.Julius could've made President Obama's intelligence tea. That would be an investment sweet spot for a private equity underwriter (PEU).
Update 12-23-16: Coalfire is buying federal intelligence contractor Veris Group