Reynolds and Reynolds Sells Information Solutions Group

DAYTON, OH—An $800 million printing and document outsourcing giant is about to emerge, as Reynolds and Reynolds, based here, spins off its Information Solutions Group (ISG) to The Carlyle Group for $360 million cash. The Carlyle Group, founded in 1987, is a Washington, D.C.-based global, private equity firm that organizes, structures and acts as lead equity investor in management-led buyouts, private placements and venture capital transactions. Carlyle has more than $10 billion of capital under management.