Wednesday, May 13, 2009

Carlyle Group Auctioning DHS Technologies


The Carlyle Group is auctioning off DHS Technologies LLC, Inc. Bids are rumored between $200 million and $400 million. Carlyle purchased DHS Technologies in July 2004. That's just after Carlyle bought Hawaiian Telecom, now in bankruptcy. Carlyle's website describes DHS:


DHS Technologies is a leader in the design and production of quick erect / strike tactical shelters and integrated support trailers for the military, state and local governments and commercial purposes.

Carlyle's 2004 summary doesn't reveal the amount paid for the company. In 2005 DHS purchased Reeves Manufacturing, a maker of wholesale emergency medical products
.

In 2008, DHS Technologies received a $240 million contract to provide medium and large command post systems to the U.S. Army.

Carlyle knows how to grow revenues from Uncle Sam. Whoever buys DHS has an inside link to the New York Fed. It might be a good time for a flip.

Update 3-2-13:  Carlyle exited DHS Technologies in December 2012.