Deals
Carlyle’s Booz Allen Raises $238 Million in U.S. IPO
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Booz Allen Hamilton Holding Corp., the government-consulting firm acquired by Carlyle Group in 2008, raised $238 million pricing its initial public offering at the low end of its forecast range. The shares advanced.
The McLean, Virginia-based company sold 14 million Class A shares at $17 each yesterday after offering them at $17 to $19 apiece, according to a filing with the Securities and Exchange Commission and a statement. Booz Allen climbed 13 percent to $19.25 in U.S. composite trading today.