Carlyle completed the investment in Warburg Pincus-backed Duravant, a company that designs and manufactures bag packaging equipment. Financial terms were not disclosed. "We are excited to have the combined capabilities of two world class investors behind our efforts to provide innovative and critical solutions to better serve Duravant's global customers and partners. The partnership will further enhance our resources to scale our platform, invest in our team and bring new capabilities to the market. Our new relationship with Carlyle, and continued relationship with Warburg Pincus, will allow us to build on the shared success we have achieved to date," Mike Kachmer, Duravant President and CEO.