Global alternative asset manager The Carlyle Group has entered into exclusive negotiations to acquire Præsidiad from CVC Fund VI. The transaction requires workers’ council consultation and is subject to the approval of relevant market authorities.
Headquartered in Ghent, Belgium, Præsidiad produces integrated perimeter security systems that protect people and critical infrastructure around the world. Præsidiad serves customers across oil and gas, energy, aerospace and defence, information technology, industrial and consumer end-markets.
The Management team of Praesidiad, led by Michele Volpi (CEO), were advised by Ian Jamieson, David Kirkpatrick and Laura Yell.
