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Tuesday, May 20, 2008

Carlyle Group to Buy Booz Allen Government Practice

I don't have anything substantive to add to this Government, Inc. post. I'll just echo Robert O'Harrow's sentiment that a Carlyle-Booz marriage would be interesting, but especially from an oversight perspective.

Carlyle manages something like $81 billion worth of assets. Its alums include members of the bin Laden family, former president George H.W. Bush and former British prime minister John Major. It has been the focus of investigative reports galore and uncounted conspiracy theories.

Booz? They're one of the government's biggest brain trusts, a mondo contractor that has its hands deep into the intelligence world.

The announcement that Carlyle is buying Booz's government contracting business sends shivers up and down the spine of Government Inc. Just think of the deals. Think of the stories. Think of the conspiracy theories!

Seriously, folks, it's going to be interesting to see how Booz does after the acquisition. They're going to be more interesting than ever to watch -- if you can.