M&A Deal Summary

The Carlyle Group Acquires Cogentrix Energy

On September 6, 2012, private equity firm The Carlyle Group acquired renewable energy company Cogentrix Energy

Acquisition Highlights
  • This is The Carlyle Group’s 4th transaction in the Renewable Energy sector.
  • This is The Carlyle Group’s 235th transaction in the United States.
  • This is The Carlyle Group’s 12th transaction in North Carolina.
Investment Fate
  • Cogentrix Energy was sold to a consortium of financial buyers in 2024 for 3.0B USD.

M&A Deal Summary
Date 2012-09-06
Target Cogentrix Energy
Sector Renewable Energy
Buyer(s) The Carlyle Group
Deal Type Buyout (LBO, MBO, MBI)

Target

Cogentrix Energy

Charlotte, North Carolina, United States
Cogentrix Energy is an independent power producer with a long track record of successfully acquiring, developing, constructing, operating and improving power generation assets across the United States. Cogentrix Energy was founded in 1983 and is based in Charlotte, North Carolina.

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Buyer(S) 1

Buyer

The Carlyle Group

Washington, District of Columbia, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1987
PE ASSETS 435.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
Carlyle's corporate headquarters on Pennsylvania Ave. in Washington, DC.
Carlyle's corporate headquarters on Pennsylvania Ave. in Washington, DC.

The Carlyle Group is a global investment firm that pursues private equity, credit, and real estate investments worldwide. Carlyle's private equity practice practice pursues buyouts, strategic minority equity investments, equity private placements, consolidations and buildups, and growth capital financings. With offices in 19 countries, Carlyle can easily target opportunities throughout North America, Europe, Asia, Australia, the Middle East/North Africa and Latin America. Broad sectors of interest include aerospace, defense, automotive and transportation, consumer, retail, energy and power, financial services, healthcare, industrial, infrastructure, technology services, business services, telecommunications and media. The Carlyle Group was formed in 1987 and is based in Washington DC.

DEAL STATS #
Overall 443 of 744
Sector (Renewable Energy) 4 of 7
Type (Buyout (LBO, MBO, MBI)) 150 of 220
State (North Carolina) 12 of 13
Country (United States) 235 of 349
Year (2012) 23 of 37
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-03 Grupo Orguel

Pampulha, Brazil

Grupo Orguel was founded as a construction equipment distributor in the state of Minas Gerais. In the 70’s Orguel was the pioneer in construction machinery rental in Brazil and it has expanded to become one of the largest construction equipment manufacturer and equipment rental companies in Brazil, employing over 2,300 people. Grupo Orguel provides a full range of equipment, including scaffolding, shoring, concrete formworks, elevator lifts, aerial platforms, generators and electric tools, tapping several industries such as homebuilding, infrastructure, oil & gas and industrial construction.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-12 Tok&Stok

Barueri, Brazil

Tok&Stok is a specialty furniture retailer that sells home décor products (primarily furniture, home furnishing and home textiles) to mid to high-end customers who want “fast fashion, design, fair quality, and fair price” products. Tok&Stok was formed in 1978 and is headquartered in Barueri, Brazil.

Buy -
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