Announced
Financials
Sources
Tags
Single Bidder
Cross Border
Friendly
Majority
Private
it software
Acquisition
Software
Pending
Private Equity
United Kingdom
Synopsis
The Carlyle Group, a global investment firm, agreed to invest in 1E, a privately owned IT software and services company based in the United Kingdom. Financial terms were not disclosed. "We were attracted to 1E’s fully integrated digital experience technology, which is differentiated by its advanced remediation and automation capabilities, and are delighted to partner with Sumir as we support the company as it enters its next phase of growth. With strong industry tailwinds, we believe 1E has significant growth opportunities and we look forward to supporting another founder-backed business to scale through investments in product innovation, commercial operations, and international expansion," Fernando Chueca, Carlyle Managing Director.
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