Saturday, August 29, 2015

Carlyle Buys Analytics Provider Novetta

Mergers+Acquisitions reported:

The Carlyle Group LP (Nasdaq: CG) has agreed to buy cybersecurity data firm Novetta from Arlington Capital Partners.

Arlington formed Novetta in 2012 when it merged portfolio companies White Oak Technologies and FGM Inc. Novetta provides cybersecurity data analytics for government agencies include the Department of Defense and the Department of Homeland Security.
Carlyle has long loved Uncle Sam's Treasury and is skilled at reading the tea leaves of government spending.

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:

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).

Carlyle is making the investment out of the firm’s $13 billion Carlyle Partners VI fund. The firm made another software deal earlier this year when it announced plans to buy Symantec Corp.’s Veritas data storage business for $8 billion.
Uncle Sam must need kajillions of storage for its aim to monitor every citizen 24/7 and a Carlyle affiliate will do so for grand returns. 

The question is who Novetta will work for, the general public or the protection of American branded global greed and power class?  Novetta's first test could be finding out who really initiated Hunter Biden's Ashley Madison account.  

Update 9-24-15  Financing for Carlyle's Novetta deal is covenant lite.