By: Benzinga
Carlyle Group Buys Precision Holdings; Terms Not Disclosed
Global alternative asset manager The Carlyle Group (NASDAQ: CG ) today announced that its portfolio company Dynamic Precision Group has acquired Paradigm Precision Holdings, a Peabody, Massachusetts based provider of highly engineered components for turbine engines serving the commercial aerospace, defense and energy end markets. Terms of the transaction were not disclosed.(c) 2013 Benzinga.com.
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