Private Equity
The Carlyle Group and Stellex Capital Management Complete Acquisition of Vigor and MHI Holdings; Appoint Jim Marcotuli Chief Executive Officer of New Company NEW YORK, NORFOLK, Va., PORTLAND, Ore. & SEATTTLE, Wa., October 14, 2019-– Global investment firm The Carlyle Group (NASDAQ: CG) and private equity firm Stellex Capital Management today announced they have closed on their acquisition of Vigor Industrial LLC and MHI Holdings LLC. In addition, Carlyle and Stellex announced they have appointed Jim Marcotuli as CEO of the newly created company comprising Vigor and MHI, effective today.