The Carlyle Group (Nasdaq:CG) has acquired Unison, aDulles, Va.-based provider of contract management, supply chain and procurementsoftware to federal agencies and contractors, from private equity investmentfirm Abry Partners for an undisclosed sum.
Unison was previously owned by Carlylebetween 2005 and 2010 and offers cloud-based platforms designed to helpagencies and contractors handle contract lifecycle management, procurement andgrants and program management functions, the companies said in a news release publishedMonday.
âWe are pleased to re-join the Carlyleportfolio of companies to help craft the next chapter of Unisonâs growth,â saidReid Jackson,president and CEO of Unison. âWith Carlyleâs support, we will accelerate ourfocus on bringing âApplied Innovationâ to powering the business of governmentand their vendor partners.â
Carlyle made the acquisition by partnering with Unison management and using its $18.5B Carlyle Partners VII fund.
âWeâre excited to partner again with ReidJackson and the Unison management team, who we have known for more than 15years,â Mike Gozycki, a managing director at Carlyle.
Gozycki added the Unison team has developedproducts tailored for the federal market and Carlyle will support Unison managementâs plans to continueinvesting in software platforms.
Latham & Watkins and PwC respectivelyserved as Carlyleâs legal and financial advisers in the transaction. Kirkland& Ellis acted as legal adviser to Unison and Abry Partners.
