The Carlyle Group Mergers and Acquisitions Summary

Private Equity Profile

In the last 3 years, The Carlyle Group has acquired 42 companies. It has also invested in 19 others.

The Carlyle Group’s most common sectors for investment are software (8%) and financial services (7%). The Firm’s most common investment types include buyout (lbo, mbo, mbi) (30%) and secondary buyout (17%). In total, The Carlyle Group has invested in 40 US states and 39 different countries. Its largest (disclosed) acquisition occurred in 2021 when it acquired Medline Industries for $34.0B.

In the last 3 years, The Carlyle Group has exited 66 companies. The Firm’s most common exit type is trade sale (44%). The Carlyle Group’s largest (disclosed) exit occurred in 2005 when it sold United Defense Industries for $4.2B.

Join Mergr to view The Carlyle Group’s full profile and discover more mega-sized private equity firms just like it.

M&A Summary

  • M&A Total Activity1063
    • M&A Buy Activity659
    • M&A Sell Activity404
  • Total Sectors Invested 59
  • Total Countries Invested 39
  • M&A Buy/Sell Connections 388
  • M&A Advisors 103

The Carlyle Group

1001 Pennsylvania Avenue, NW,
Washington, District of Columbia 20004
United States
(202) 729-5626
www.carlyle.com
inquiries@carlyle.com

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.


Investment Criteria

Sectors of Interest: Aerospace, Agriculture, Apparel/Textiles, Automotive, Beverages, Building Materials, Business Services, Chemicals, Communications, Construction, Consumer Products, Consumer Services, Defense, Digital Media, Distribution, E-Commerce, Education, Electrical Equipment, Electronics, Energy Services and Equipment, Engineering, Environmental, Financial Services, Food, Forest Products, Franchising, Furniture, Gaming, Healthcare Services, Information Services, Information Technology, Infrastructure, Insurance, Internet Software and Services, Leisure, Life Science, Machinery, Manufacturing, Marine, Marketing, Media, Medical Products, Metals/Mining, Oil/Gas Exploration, Packaging, Plastics, Publishing, Real Estate, Renewable Energy, Restaurants, Retail, Safety/Security, Semiconductors, Software, Staffing, Technology Hardware, Test/Measurement Equipment, Transportation, Utilities

Target Transaction Types: Buyout (LBO, MBO, MBI), Consolidation, Divestiture, Going Private, Growth Capital, Recapitalization, Special Situations/Distressed, Acquisition Financing, PIPE, Secondary Buyout, Stake Purchase, Venture

Geographic Preferences: East US, Midwest US, South US, West US, Canada, United Kingdom, Western Europe, Eastern Europe, Scandinavia, Asia/Pacific, Australia/New Zealand, Central Asia/India, Latin/South America, Middle East

Transaction Criteria Min Max
Target Revenue - -
Target EBITDA - -
Investment Size 300 5,000
Enterprise Value - -
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '16 '17 '18 '19 '20 '21 T
Buy (17.4/yr) # 572 26 19 16 17 9 659
vol $230.1B $986M $22.5B $205M $2.0B $34.4B $290.2B
Sell (18.4/yr) # 313 26 13 23 19 11 405
vol $91.4B $7.1B $2.1B $1.7B $980M $680M $103.9B
  1064

Most Recent M&A

Company Date Value Type
LiveU, Inc. 2021-07-20 - Secondary Buyout
Hackensack, New Jersey · www.liveu.tv
AGILOX Systems GmbH 2021-06-21 - Growth Capital
Neukirchen bei Lambach, Austria · www.agilox.net
1E Ltd. 2021-06-09 - Buyout (LBO, MBO, MBI)
London, United Kingdom · www.1E.com
Medline Industries, Inc. 2021-06-05 34.0B USD Buyout (LBO, MBO, MBI)
Northfield, Illinois · www.medline.com
Novetta Solutions LLC 2021-06-01 - Add-on Acquisition
McLean, Virginia · www.novetta.com
NetMotion Software, Inc. 2021-05-11 340M USD Add-on Acquisition
Seattle, Washington · www.netmotionsoftware.com
Lauderdale Marine Center 2021-05-04 340M USD Add-on Acquisition
Ft. Lauderdale, Florida · www.lauderdalemarinecenter.com
Unchained Labs, Inc. 2021-04-26 435M USD Secondary Buyout
Pleasanton, California · www.unchainedlabs.com
Liberty Tire Recycling LLC 2021-04-01 - Secondary Buyout
Pittsburgh, Pennsylvania · www.libertytire.com
Metropolitan Real Estate Equity Management LLC 2021-04-01 - Add-on Acquisition
New York, New York · www.mreem.com
View All >>

Portfolio M&A

Company Acquired Add-On/Sale Date #
Curia, Inc. 2017-06-06 LakePharma, Inc. 2021-07-14 2
Albany, New York · www.curiaglobal.com San Carlos, California · www.lakepharma.com
Curia, Inc. 2017-06-06 Integrity Bio, Inc. 2021-07-13 1
Albany, New York · www.curiaglobal.com Camarillo, California · www.integritybio.com
ION Investment Group Ltd. 2016-05-31 Dash Financial Technologies LLC 2021-02-08 9
Dublin, Ireland · www.iongroup.com New York, New York · www.dashfinancial.com
Net Health 2017-12-18 PointRight, Inc. 2021-01-12 4
Pittsburgh, Pennsylvania · www.nethealth.com Cambridge, Massachusetts · www.pointright.com
The Hilb Group LLC 2019-10-30 William H. Connolly & Co. 2020-12-17 39
Richmond, Virginia · www.hilbgroup.com Montclair, New Jersey · www.whconnolly.com
Sedgwick Claims Management Services, Inc. 2018-09-12 Stericycle Expert Solutions 2020-12-02 7
Memphis, Tennessee · www.sedgwick.com Indianapolis, Indiana · www.stericycleexpertsolutions.com
The Hilb Group LLC 2019-10-30 Ganim Group, Inc. 2020-09-22 38
Richmond, Virginia · www.hilbgroup.com Shelton, Connecticut
SolAero Technologies Corp. 2014-09-17 Alliance Spacesystems LLC 2020-09-02 1
Albuquerque, New Mexico · www.solaerotech.com Los Alamitos, California · www.alliancespacesystems.com
The Hilb Group LLC 2019-10-30 CBIZ, Inc. - Book of Business 2020-04-21 37
Richmond, Virginia · www.hilbgroup.com Cleveland, Ohio
ION Investment Group Ltd. 2016-05-31 Broadway Technology LLC 2020-02-14 8
Dublin, Ireland · www.iongroup.com New York, New York · www.broadwaytechnology.com

M&A by Sector

Sector Current # Value All-time # Value
Software 10 (6%) 8.0B (10%) 51 (8%) 12.6B (4%)
Financial Services 8 (5%) 1.9B (2%) 44 (7%) 6.5B (2%)
Information Technology 7 (4%) 6.7B (8%) 28 (4%) 7.7B (3%)
Business Services 6 (4%) 56M (< 1%) 27 (4%) 5.4B (2%)
Communications 3 (2%) 2.6B (3%) 26 (4%) 6.7B (2%)
Healthcare Services 8 (5%) - 25 (4%) 8.6B (3%)
Energy Services and Equipment 10 (6%) 205M (< 1%) 25 (4%) 205M (< 1%)
Manufacturing 5 (3%) 2.0B (3%) 23 (3%) 6.7B (2%)
Consumer Products 6 (4%) 98M (< 1%) 21 (3%) 4.5B (2%)
Internet Software and Services 5 (3%) - 21 (3%) 180M (< 1%)
Aerospace 6 (4%) 2.7B (3%) 17 (3%) 5.0B (2%)
Transportation 7 (4%) - 17 (3%) 1.6B (1%)
Oil/Gas Exploration 5 (3%) - 17 (3%) 1.1B (< 1%)
Automotive 1 (1%) - 16 (2%) 6.7B (2%)
Machinery 2 (1%) - 16 (2%) 5.7B (2%)
Medical Products 4 (2%) 34.0B (43%) 15 (2%) 42.3B (15%)
Education 3 (2%) - 14 (2%) 2.7B (1%)
Media - - 14 (2%) 749M (< 1%)
Life Science 6 (4%) 930M (1%) 13 (2%) 5.4B (2%)
Technology Hardware - - 13 (2%) 3.4B (1%)
Chemicals 3 (2%) 11.4B (14%) 12 (2%) 23.8B (8%)
Marketing 4 (2%) 3.7B (5%) 12 (2%) 10.8B (4%)
Insurance 4 (2%) 1.8B (2%) 12 (2%) 3.2B (1%)
Leisure 4 (2%) - 11 (2%) 2.2B (1%)
Food 5 (3%) - 11 (2%) 2M (< 1%)
Electronics 1 (1%) - 10 (2%) 165M (< 1%)
Restaurants 1 (1%) - 9 (1%) 2.5B (1%)
Semiconductors - - 8 (1%) 17.6B (6%)
Publishing 1 (1%) - 8 (1%) 5.7B (2%)
Retail 4 (2%) 352M (< 1%) 8 (1%) 2.0B (1%)
Apparel/Textiles 4 (2%) 170K (< 1%) 8 (1%) 170K (< 1%)
Building Materials 1 (1%) - 7 (1%) 1.4B (< 1%)
Renewable Energy 6 (4%) 150M (< 1%) 7 (1%) 150M (< 1%)
Electrical Equipment - - 7 (1%) 30M (< 1%)
Consumer Services 1 (1%) 67M (< 1%) 6 (1%) 16.6B (6%)
Information Services 2 (1%) 700M (1%) 6 (1%) 13.4B (5%)
Safety/Security 1 (1%) - 6 (1%) 2.1B (1%)
Environmental 2 (1%) - 6 (1%) 772M (< 1%)
Distribution 4 (2%) - 5 (1%) 8.5B (3%)
Packaging 1 (1%) - 5 (1%) 3.2B (1%)
Test/Measurement Equipment 2 (1%) 435M (1%) 5 (1%) 1.3B (< 1%)
Metals/Mining 2 (1%) 1.3B (2%) 5 (1%) 1.3B (< 1%)
Marine 1 (1%) - 5 (1%) -
Utilities 1 (1%) - 4 (1%) 1.2B (< 1%)
Agriculture 2 (1%) - 4 (1%) -
Defense - - 4 (1%) -
Digital Media 2 (1%) - 3 (< 1%) 3.3B (1%)
Beverages 2 (1%) 712M (1%) 3 (< 1%) 995M (< 1%)
Real Estate 1 (1%) - 3 (< 1%) 40M (< 1%)
Infrastructure 1 (1%) - 3 (< 1%) -
Plastics - - 3 (< 1%) -
Staffing - - 2 (< 1%) 269M (< 1%)
Engineering 1 (1%) 10M (< 1%) 2 (< 1%) 10M (< 1%)
Construction - - 2 (< 1%) -
Forest Products - - 2 (< 1%) -
Gaming - - 1 (< 1%) 30.7B (11%)
Airlines 1 (1%) - 1 (< 1%) -
E-Commerce 1 (1%) - 1 (< 1%) -
Franchising 1 (1%) - 1 (< 1%) -
Total 169 $79.8B 661 $286.7B

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 64 (38%) 54.9B (69%) 319 (48%) 232.6B (80%)
  Texas 9 (5%) 205M (< 1%) 48 (7%) 28.6B (10%)
  California 10 (6%) 8.4B (11%) 46 (7%) 9.6B (3%)
  Virginia 2 (1%) - 23 (3%) 2.5B (1%)
  New York 4 (2%) 2.7B (3%) 21 (3%) 7.8B (3%)
  Illinois 2 (1%) 34.0B (43%) 19 (3%) 39.4B (14%)
  Massachusetts 3 (2%) - 15 (2%) 4.9B (2%)
  Florida 6 (4%) 2.6B (3%) 13 (2%) 18.5B (6%)
  North Carolina 2 (1%) - 12 (2%) 9.1B (3%)
  Pennsylvania 2 (1%) - 11 (2%) 11.2B (4%)
  New Jersey 2 (1%) - 11 (2%) 9.5B (3%)
  Georgia 2 (1%) - 10 (2%) 8.7B (3%)
  Maryland - - 10 (2%) 1.6B (1%)
  Connecticut 2 (1%) 98M (< 1%) 8 (1%) 3.5B (1%)
  Washington - - 7 (1%) 4.9B (2%)
  Michigan 1 (1%) - 6 (1%) 345M (< 1%)
  Arizona 2 (1%) - 5 (1%) -
  Colorado - - 5 (1%) 4.0B (1%)
  Tennessee 3 (2%) 6.7B (8%) 4 (1%) 7.5B (3%)
  Indiana 1 (1%) - 4 (1%) 6.5B (2%)
  Ohio - - 4 (1%) 7.8B (3%)
  Wisconsin - - 4 (1%) 1.2B (< 1%)
  Oklahoma 1 (1%) - 3 (< 1%) -
  Kentucky 1 (1%) - 3 (< 1%) -
  Oregon 1 (1%) - 2 (< 1%) 80M (< 1%)
  Utah 1 (1%) - 2 (< 1%) -
  South Carolina 1 (1%) - 2 (< 1%) -
  Missouri 1 (1%) - 2 (< 1%) -
  Minnesota 1 (1%) - 2 (< 1%) -
  Louisiana 1 (1%) - 2 (< 1%) -
  Nevada - - 2 (< 1%) 30.7B (11%)
  Kansas - - 2 (< 1%) -
  New Mexico 1 (1%) 150M (< 1%) 1 (< 1%) 150M (< 1%)
  Delaware 1 (1%) - 1 (< 1%) -
  Hawaii - - 1 (< 1%) 1.6B (1%)
  Alabama - - 1 (< 1%) -
  Vermont - - 1 (< 1%) -
  Nebraska - - 1 (< 1%) -
  Idaho - - 1 (< 1%) -
  District of Columbia - - 1 (< 1%) -
China 11 (7%) 5.6B (7%) 55 (8%) 6.4B (2%)
United Kingdom 14 (8%) 767M (1%) 48 (7%) 5.2B (2%)
India 10 (6%) - 28 (4%) 2M (< 1%)
France 6 (4%) - 24 (4%) 2.7B (1%)
Germany 5 (3%) 3.3B (4%) 20 (3%) 3.5B (1%)
Japan 2 (1%) - 20 (3%) 1.4B (< 1%)
South Korea 3 (2%) 170K (< 1%) 14 (2%) 1.9B (1%)
Netherlands 5 (3%) 11.4B (14%) 11 (2%) 15.9B (5%)
Canada 5 (3%) - 11 (2%) 1.6B (1%)
  Ontario 4 (2%) - 7 (1%) 1.4B (< 1%)
  Manitoba 1 (1%) - 1 (< 1%) -
  British Columbia - - 1 (< 1%) 180M (< 1%)
  Quebec - - 1 (< 1%) -
  Alberta - - 1 (< 1%) -
Italy 4 (2%) 10M (< 1%) 11 (2%) 249M (< 1%)
Brazil 4 (2%) 352M (< 1%) 10 (2%) 1.6B (1%)
Spain 3 (2%) - 10 (2%) 3.3B (1%)
Ireland 5 (3%) - 9 (1%) 176M (< 1%)
Australia 4 (2%) 1.6B (2%) 8 (1%) 5.8B (2%)
Switzerland 2 (1%) - 7 (1%) -
Belgium 2 (1%) - 5 (1%) -
Luxembourg 1 (1%) - 5 (1%) 3.8B (1%)
Taiwan - - 5 (1%) -
South Africa 4 (2%) 56M (< 1%) 4 (1%) 56M (< 1%)
Peru 3 (2%) - 4 (1%) -
Hong Kong 2 (1%) - 4 (1%) -
Sweden - - 4 (1%) 1.4B (< 1%)
Bermuda 2 (1%) 1.8B (2%) 3 (< 1%) 1.8B (1%)
Mexico - - 3 (< 1%) -
Turkey - - 3 (< 1%) -
Austria 1 (1%) - 2 (< 1%) -
Saudi Arabia 1 (1%) - 2 (< 1%) -
Israel - - 2 (< 1%) -
Chile 1 (1%) - 1 (< 1%) -
Czech Republic 1 (1%) - 1 (< 1%) -
Jordan 1 (1%) - 1 (< 1%) -
Mozambique 1 (1%) - 1 (< 1%) -
Romania 1 (1%) - 1 (< 1%) -
Uganda 1 (1%) - 1 (< 1%) -
Greece - - 1 (< 1%) 844M (< 1%)
Nigeria - - 1 (< 1%) -
Portugal - - 1 (< 1%) -
Tanzania - - 1 (< 1%) -
Domestic 64 (38%) 54.9B (69%) 319 (48%) 232.6B (80%)
Cross-border 105 (62%) 24.9B (31%) 342 (52%) 57.6B (20%)
Total 169 $79.8B 661 $290.2B

Acquisitions by Deal Type

Type Current # Value All-time # Value
Buyout (LBO, MBO, MBI) 32 (19%) 35.1B (44%) 197 (30%) 63.8B (23%)
Secondary Buyout 45 (27%) 7.8B (10%) 108 (16%) 20.9B (8%)
Growth Capital 28 (17%) - 102 (15%) 2M (< 1%)
Divestiture 19 (11%) 27.7B (35%) 70 (11%) 104.5B (38%)
Stake Purchase 21 (12%) - 60 (9%) 470M (< 1%)
Venture 2 (1%) - 55 (8%) 114M (< 1%)
Going Private 8 (5%) 9.2B (11%) 32 (5%) 84.7B (30%)
PIPE 5 (3%) - 11 (2%) 800M (< 1%)
Recapitalization 2 (1%) - 9 (1%) 2.1B (1%)
Special Situations/Distressed 2 (1%) - 7 (1%) -
Joint Venture 2 (1%) - 5 (1%) 1.0B (< 1%)
Acquisition Financing 2 (1%) - 2 (< 1%) -
Consolidation 1 (1%) - 2 (< 1%) -
Add-on Acquisition - - 1 (< 1%) -
Total 169 $79.8B 661 $278.3B

Exits by Deal Type

Type Total # Value
Trade Sale - Public Company 101 (25%) 54.9B (59%)
Secondary Sale 92 (23%) 25.1B (27%)
Trade Sale 80 (20%) 10.8B (12%)
IPO 64 (16%) -
Bankruptcy 19 (5%) -
Stake Sale 17 (4%) 2.1B (2%)
Merger 10 (2%) 792M (1%)
Sold to Management 8 (2%) -
Recapitalization 6 (1%) -
Shut Down 3 (1%) -
Sold to Existing Investors 2 (< 1%) -
Unknown 2 (< 1%) -
SPAC 1 (< 1%) -
Total 405 $93.7B

Top M&A Advisors

Financial Deals
Bank of America Merrill Lynch (BofA Securities)
 17
Credit Suisse Investment Banking
 17
Barclays Investment Bank
 11
Legal Deals
Latham & Watkins
 60
Debevoise & Plimpton LLP
 13
Kirkland & Ellis LLP
 10

Deal Values

buy # Total
> $1B 52 $260.4B
$100M to $1B 61 $29.0B
< $100M 17 $716M
TOTAL $290.2B
Largest Medline Industries, Inc.
$34.0B (2021-06-05)
sell # Total
> $1B 35 $76.6B
$100M to $1B 68 $26.1B
< $100M 22 $1.2B
TOTAL $103.9B
Largest United Defense Industries, Inc.
$4.2B (2005-06-27)

M&A Connections

Deals
Acquired from
Investor(s)
17%
115 (17%)
Strategic(s)
10%
69 (10%)
Exited to
Investor(s)
23%
95 (23%)
Strategic(s)
45%
183 (45%)

Investor Summary

Size

Mega

PE Assets

84.0B USD

Established

1987

Specialist/Generalist

Generalist

Leadership

Laurent Senard

Director

Daniel D'Aniello

Co-Founder & Chairman Emeritus

David Rubenstein

Co-Founder & Co-Executive Chairman

William Conway, Jr.

Co-Founder & Co-Executive Chairman

Christopher Finn

COO

 Subscribe to unlock this and 167,184
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.2K Private Equity Firms
  • 156K M&A Transactions
  • 163K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.3K M&A Advisors
    (Investment Banks and Law Firms)
  • 55K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Mergr

Product

Company

Legal