MBK Partners (via Indigo Glamour) Takes CAR Inc. Private

Carlyle and SK Capital Acquire bluebird bio

May 14, 2025

Biotechnology

Funds managed by The Carlyle Group and SK Capital Partners have completed a takeover of bluebird bio, taking the Somerville, Massachusetts-based gene therapy company private. The deal provides significant primary capital and a new management team led by David Meek to scale commercial delivery, expand manufacturing capacity, and stabilize bluebird's financial position following liquidity concerns.

Carlyle Acquires CBAM Partners' Credit Portfolio

March 9, 2022

Financial Services

The Carlyle Group's Global Credit platform agreed to acquire a portfolio of CLOs and private credit assets from CBAM Partners (an affiliate of Eldridge) for $615 million in cash plus ~4.2 million newly issued Carlyle common shares. The deal, expected to close in H1 2022, boosts Carlyle's Global Credit AUM from $73 billion to about $88 billion and makes it the world’s largest CLO manager by AUM.

MBK Partners Pursues Hostile Takeover of Korea Zinc

December 16, 2024

Manufacturing

MBK Partners, through its SPC Korea Corporate Investment Holdings Co., has been conducting on-market purchases of Korea Zinc shares as part of a hostile takeover effort, raising its stake to 39.83% after acquiring an additional 282,366 shares. The firm spent about KRW 292.1 billion on those purchases and borrowed KRW 1.57 trillion from NH Investment & Securities, prompting investor concern over alleged "overpayment" and heightened exit risk for MBK's fund LPs.

KAR Global Acquires BacklotCars

September 8, 2020

Automotive

KAR Global (KAR) has signed a definitive agreement to acquire BacklotCars, a Kansas City–based dealer-to-dealer online wholesale vehicle marketplace, for $425 million. The acquisition expands KAR’s digital remarketing capabilities by adding BacklotCars’ 24/7 bid-ask marketplace, vehicle inspection services and AI-driven recommendations to KAR’s existing TradeRev and broader remarketing platform.

Carlyle Acquires Controlling Stake in Highway Industries and Roop Automotives

February 13, 2025

Manufacturing

The Carlyle Group, with equity from funds affiliated with Carlyle Asia Partners (CAP), completed a controlling-stake acquisition of Highway Industries Limited and Roop Automotives Limited, combining the businesses into a single platform serving global automotive OEMs. Carlyle intends to scale the platform through consolidation, operational improvements and potential synergistic add-ons to deepen capabilities across forged and precision-machined components, steering assemblies and powertrain applications.

The Carlyle Group Acquires Majority Stake in Beautycounter

April 13, 2021

Consumer Products

The Carlyle Group has acquired a majority stake in Beautycounter (Counter Brands, LLC), partnering with existing investor Mousse Partners to accelerate the clean-beauty brand's growth. The investment will support Beautycounter’s omni-channel expansion, increase brand awareness, and bolster its product and advocacy initiatives; the transaction values the company at $1 billion.