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New Deal


Announced

Completed

The Carlyle Group completed the acquisition of IST Research and Two Six Labs.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Private Equity

Acquisition

Friendly

Domestic

technology solutions

United States

Majority

Single Bidder

cybersecurity

Software

Private

Synopsis

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The Carlyle Group completed the acquisition of IST Research, a provider of open-source data collection, population engagement, and content discovery solutions, and Two Six Labs, a company providing cybersecurity and technology solutions for national security customers. Financial terms were not disclosed. “IST Research and Carlyle are ideal partners as we embark on the next chapter of Two Six’s journey, evolution, and growth. The IST and Carlyle teams share our long-standing commitment to building an industry-leading culture and team, developing innovative technology solutions that serve critically important missions of national security. We look forward to combining Two Six’s products and capabilities with IST’s to further enhance and accelerate our team’s impact to our customers and the nation,” Chris Greamo, Two Six Labs President and CEO and the combined enterprise Chief Technology Officer.

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