Saturday, January 11, 2020

Carlyle Group Selling Spree

The Carlyle Group announced the sale of Coalfire, Sundyne, Hermes Blindados SA and is shopping Eggplant Software.   Carlyle filed for an IPO for PPD, possibly up to $1 billion

Private equity underwriters harvest affiliates when valuations are rich.  Apollo Global has mountains of cash ready to invest in a dislocation event.  Say goodbye to 2019, "Best PEU Year Ever!"

Update 5-28-20:   Carlyle inked a deal to sell Eggplant to Keysight Technologies for around €350 million (about $385 million).