The Carlyle Group and T&D Acquire Majority Interest in Fortitude Group Holdings from AIG

Fortitude Re Acquires Rx Life Insurance Company to Establish U.S. Reinsurance Platform

January 6, 2022

Insurance

Fortitude Re completed the acquisition of Rx Life Insurance Company (to be renamed Fortitude U.S. Reinsurance Company) from Heritage Life Insurance Company, adding an Arizona‑domiciled life and annuity insurer to its franchise. The deal creates a U.S. reinsurance platform for Fortitude Re as it expands capabilities and regulatory standing in the U.S.

Fortitude Group Holdings Acquires AIG Third-Party Administrators FLAS and FPCS

January 4, 2022

Insurance

Fortitude Group Holdings, the parent of Bermuda-based reinsurer Fortitude Re, acquired Fortitude Life & Annuity Solutions (FLAS) and Fortitude P&C Solutions (FPCS) — two third‑party administrator businesses — from American International Group (AIG). FLAS (250 employees) is based in Nashville and services ~4 million life insurance policies; FPCS (50 employees) is based in Jersey City and manages complex P&C casualty claims. The deals expand Fortitude Re's life & annuity administration and casualty claims capabilities for runoff portfolios.

Carlyle Acquires Ingentis Group from Maguar Capital Partners

August 6, 2025

Software

The Carlyle Group, via its Carlyle Europe Technology Partners (CETP V) fund, has invested in Ingentis Group, a Nuremberg-based provider of organizational charting, design and people-analytics software. Existing investor Maguar Capital Partners exits while the Ingentis management team reinvests and will continue to lead the business; Carlyle plans to support international expansion, AI/analytics investment and M&A-driven growth.

Carlyle Provides $1.3 Billion Strategic Investment in Trucordia

June 4, 2025

Insurance

The Carlyle Group's Global Credit platform will make a $1.3 billion strategic investment in Trucordia, valuing the insurance brokerage at $5.7 billion. The transaction will reduce Trucordia's leverage, repurchase units from existing minority investors, simplify governance, and provide capital flexibility to support growth.

The Carlyle Group Acquires Majority Stake in Dept

January 30, 2020

Marketing & Advertising

The Carlyle Group has agreed to acquire a majority stake in Dept, a fast-growing independent digital agency headquartered in Amsterdam. The investment (from Carlyle Europe Technology Partners IV) will support Dept's international growth and capability expansion as the company continues scaling across Europe and the Americas; current investor Waterland Private Equity is exiting.

The Carlyle Group and Stellex Capital Acquire and Merge Vigor Industrial and MHI Holdings

October 14, 2019

Industrial Services

Global investment firm The Carlyle Group and private equity firm Stellex Capital Management have closed their acquisition of Vigor Industrial LLC and MHI Holdings LLC and merged the businesses to create a bicoastal ship repair and fabrication platform. Carlyle will be majority owner, Stellex contributed equity, Jim Marcotuli was appointed CEO of the combined company, and legacy leaders including Frank Foti and Tom Epley will remain in board/executive roles.