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Carlyle closes EnerMech acquisition

Alternative asset manager Carlyle Group LP closed its buyout of Aberdeen, U.K-based mechanical and electrical services company EnerMech Ltd. after receiving antitrust and regulatory approvals.

The transaction was backed by Carlyle International Energy Partners LP, Carlyle's $2.5 billion fund focused on the oil-and-gas sector outside North America.

EnerMech named John Kennedy its chairman, while adding Carlyle International Energy managing directors and partners Joost Dröge and Bob Maguire, as well as Philippe Boisseau, as nonexecutive directors. Kennedy is an oil-industry veteran.

Credit Suisse, Lloyds and DNB were the underwriters for the all-senior rated loan financing for the transaction.