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Carlyle, Chertoff Group buy a majority stake in Coalfire Systems

Sep 18, 2015 - The Deal Pipeline
Mergers and Acquisitions

The Carlyle Group (CG) and The Chertoff Group have acquired a majority stake in cybersecurity and technology services company Coalfire Systems Inc. for $69 million, according to a source familiar with the situation. As part of the transaction, Baird Capital and other shareholders sold part of their stakes in Coalfire.

Terms of the deal were not disclosed in the Wednesday, Sept. 16, announcement. Coalfire CEO Larry Jones, Chertoff Group spokeswoman Katy Montgomery, Carlyle spokeswoma...