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Announced

The Carlyle Group to invest in Victory Innovations.

Synopsis

The Carlyle Group agreed to invest in Victory Innovations, a maker of high-tech electrostatic sprayers used to disinfect offices, airplanes, schools and other businesses. Financial terms were not disclosed. "As more and more businesses grasp the need to not just clean surfaces, but disinfect them, we see tremendous growth opportunity for Victory. Their highly effective technologies are more cost effective, use less disinfectant and operate faster than alternative disinfecting methods. We look forward to working alongside the co-founders and the entire Victory team as we support their continued expansion," Vipul Amin, The Carlyle Group Managing Director.

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