Global investment firm Carlyle completed its acquisition of ManTech International and took the government services contractor private through an all-cash transaction worth approximately $4.2 billion. ManTech said Wednesday it stopped trading on Nasdaq following the completion of the deal and that it will continue to operate through its Herndon, Virginia, headquarters. Stockholders at ManTech approved […] More

ManTech has initiated an all-cash deal to be purchased by investment firm Carlyle for approximately $4.2 billion in total enterprise value. The national security technology services provider said Monday that the acquisition, in which shareholders will receive $96.00 per share in cash, is estimated to close in the second half of the calendar year 2022. […] More

Global investment firm Carlyle announced on Thursday that the company has agreed to acquire CNSI from Alvarez & Marsal Capital Partners. The acquisition is expected to close by the end of the month, subject to customary closing conditions. “We are delighted about this opportunity to partner with Carlyle as we continue to execute exquisitely for […] More

TYSONS CORNER, VA, June 22, 2021 — Novetta is slated to be bought by Accenture’s federal arm from global investment firm The Carlyle Group for an undisclosed amount to support the expansion of Accenture Federal Services’ artificial intelligence, cloud and cyber capabilities, GovCon Wire reported June 2. Novetta’s 1,300 data scientists, software developers and other […] More

Donna Morea, an operating executive at The Carlyle Group, has been selected to chair the board of directors of Washington, D.C.-based information governance technology maker KLDiscovery.

More

Matt Anderson, former president and chief digital officer of Arrow Electronics, and Stefan Grunwald, a former senior vice president at Cardinal Health, have joined Carlyle Group to fill executive roles.

More

Executive Mosaic is honored to introduce Larry Prior, an operating executive for The Carlyle Group, as an inductee into the 2019 Wash100 “” Executive Mosaic“™s annual selection of the most influential voices in the government contracting arena “” for providing investment guidance and advice on management, operations and growth strategies.

More

Peter Malone, formerly a founding partner at CSP Associates, has joined The Carlyle Group as an operating executive for the firm’s global aerospace, defense and government services group. Malone will work with Carlyle professionals to identify acquisition opportunities and advise portfolio company executives on operational, growth and programmatic strategies, Carlyle announced Oct. 10. He joined CSP Associates in […] More

What often makes it challenging for investors and stakeholders to identify a market bottom is that the signs of rebirth can be invisible to the naked eye. And then you have deals like the one announced last week that whacks you like an ice cream migraine. Carlyle Group’s purchase of a majority stake in Booz […] More

Health information technology company CNSI and care management services provider Kepro have agreed to merge into a new organization with expanded capabilities to support government-sponsored health care programs. In a joint statement released Wednesday, the companies said CNSI CEO Todd Stottlemyer will take the helm of the new organization while Kepro President and CEO Susan […] More

Kevin Phillips, chairman of ManTech, was presented with the Boy Scouts of America’s 2020 Technology Good Scout Award for exemplifying the organization’s values while driving innovation in the technology sector. The National Capital Area Council of BSA hosted a virtual event on Nov. 17 to give recognition to Phillips, who was the chairman, president and […] More

Matt Tait, chief operating officer of ManTech International since July 2020, has been promoted to the president and CEO positions. He succeeds Kevin Phillips, who has led ManTech over the past four years and will continue to serve as chairman of the board, the company said Monday. Tait’s promotion is effective immediately and comes less […] More