Private equity firm the Carlyle Group LP (Nasdaq: CG) completed its acquisition of Walbro Engine Management.

Terms of the transaction remain undisclosed. The deal comes on the heels of Carlyle wrapping up its $3.3 billion acquisition of a controlling stake in media distributor Getty Images Inc.

The Walbro sale, announced in September, marks an exit for private equity firm Sun Capital Partners Inc., which purchased the Tucson, Ariz.-based firm in 2007.

Carlyle, based in Washington, D.C., has more than $156 billion in assets under management. Equity for the investment comes from Carlyle's second Japanese fund, Carlyle Japan Partners II, the buyout firm said in a release. Walbro, a maker of air and fuel-ignition systems for the non-automotive engine market, has research and development facilities in Japan and the U.S., as well as factories in Thailand, China and Mexico.

Sun Capital is headquartered in Boca Raton, Fla.

Manufacturing industry