Announced
Financials
Sources
Tags
Private Equity
Belgium
Security Equipment
Completed
Acquisition
security systems
Private
Synopsis
Global alternative asset manager The Carlyle Group acquired Praesisiad, an integrated perimeter security systems provider, from CVC for $660m. Michele Volpi, CEO of Præsidiad, said: “Over the last few years, Præsidiad has transformed into a successful high-security solutions provider protecting people and critical infrastructure across the globe. I am looking forward to accelerating this transformation, growing the business both organically and through additional acquisitions as we continue to address the growing global needs for improved security and protection.”
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