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Welsh, Carson and Carlyle to sell USIS to Providence14/05/2007. Source: AltAssets. 
 Welsh, Carson, Anderson & Stowe and The Carlyle Group have agreed to sell USIS to US media and communications buy-out specialist Providence Equity Partners for approximately $1.5bn.
Falls Church, Virginia-headquartered USIS helps businesses, federal agencies and institutions protect critical assets, evaluate information and identify and mitigate risk.
The company offers services including pre-employment and drug screening services, background investigations, business intelligence and risk management solutions, and national security training and staffing professional services.
Providence specialises in equity investments in media, entertainment, communications and information companies. The firm manages funds with approximately $21bn in equity commitments.
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