BAO Consulting Group: add-on acquisition by The Carlyle Group
Add-on acquisitionbuyer The Carlyle Group
CFGI announces acquisition of BAO Consulting Group, enhancing Dallas market presence
- Announced
- Oct 7, 2026
announcedadd-onFact
21 additional comparable deals, 3 additional named parties
Every relationship, signal and contact on this record, with the source on each.
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What happened
- Target
- BAO Consulting Group
- Platform
- CFGIadd-on basis: CFGI, a Carlyle and CVC Capital Partners portfolio company, is a leading global independent accounting and business advisory firm to the CFO and Private Equity firms.
- Control
- Control
- Share acquired
- unknown
- Industry
- Business services / consulting
- Target location
- unknown
- Seller kind
- unknown
- Rollover
- unknown
Values and comparable deals
No value was disclosed for this deal: no enterprise value, price, equity value, revenue, EBITDA or multiple.
Observed exact comps
- Similar because: same sector (business services), same niche (consulting), same kind of deal (add-on acquisition), both control deals, 1 month apart
- Similar because: same sector (business services), same niche (consulting), same kind of deal (add-on acquisition), both control deals, 2 months apart
- Similar because: same sector (business services), same niche (consulting), same kind of deal (add-on acquisition), both control deals, 4 months apart
21 more comparables open with the complete profile.
Values print only where a source disclosed them; no multiple or price is estimated. No location or disclosed value is on this record, so the match could not use them.
Parties and roles
6 named
Buy side
- “CFGI, a Carlyle and CVC Capital Partners portfolio company, is a leading global independent accounting and business advisory firm to the CFO and Private Equity firms.”
- “CFGI, a Carlyle and CVC Capital Partners portfolio company, is a leading global independent accounting and business advisory firm to the CFO and Private Equity firms.”
- “CFGI, a Carlyle and CVC Capital Partners portfolio company, is a leading global independent accounting and business advisory firm to the CFO and Private Equity firms.”
Evidence
“CFGI, a global accounting and business advisory firm, announced the acquisition of BAO Consulting Group (BAO), a highly complementary organization with shared expertise across Office of the CFO services and a client-first, relationship-driven approach.”