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Carlyle Acquires 1E to Accelerate Growth in Unified eXperience Management
Thursday 10 June 2021

US-based investment firm The Carlyle Group (NASDAQ: CG) has acquired a majority stake in London-based Unified eXperience Management provider 1E, to accelerate growth in software enterprise business, the company said.

The financial details of the transaction were not disclosed. Equity for the investment comes from Carlyle Europe Technology Partners IV, an EUR 1.35bn (USD 1.65bn) fund that invests in small and middle-market technology-focussed opportunities in Europe and the US.

Founder and CEO, Sumir Karayi will retain a significant minority stake and remain CEO of the company. A portion of the business will continue to be employee-owned with all employees sharing in the company's future growth.

Leveraging its experience in scaling technology companies, Carlyle will support 1E's international growth plans, including expanding its software enterprise business in the US and the UK, as well as investing in the company's product suite and go-to-market teams.

Rothschild and Co advised 1E on the transaction. 1E would like to thank their outgoing board members, Dr. Steve Garnett and Barbara Karayi.

Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit and Investment Solutions.
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Date Published: 10/06/2021

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