The Carlyle Group acquired Booz Allen Hamilton (U.S. government business) for ~$2.6B, a transaction completed in July 2008, structured as Majority investment / carve-out of the government business.
Booz Allen Hamilton (U.S. government business) operates in Corporate Private Equity — Aerospace, Defense & Government Services, is based in McLean, Virginia, USA. Carlyle made a majority investment in Booz Allen Hamilton's U.S. government consulting business, which was separated from the firm's commercial consulting arm (spun off as Booz & Co.). The transaction valued the government business at roughly $2.6 billion, with Carlyle investing about $910 million of equity. Booz Allen, a provider of management, technology and engineering services to the U.S. government, was taken public in November 2010, and Carlyle exited by December 2016 at an enterprise value of about $7.0 billion.
Acquire a leading U.S. government services consultancy positioned to grow with federal technology and national-security spending.
Advisory firms were not disclosed for this transaction.