1E has been acquired by The Carlyle Group
1E, a leader in Unified eXperience Management, has announced that The Carlyle Group (NASDAQ: CG), a global investment firm, has acquired a majority stake in the company. Founder and CEO, Sumir Karayi will retain a significant minority stake and remain CEO of the company.
1E is a leading Unified eXperience Management (UXM) software solutions provider and its technology currently manages over 11 million endpoints. Its Tachyon technology actively improves the digital experience of all employees, providing analytics, sentiment analysis and real-time automation to remediate issues in real-time. Most customers integrate Tachyon into their existing Microsoft and ServiceNow infrastructure in order to deliver an integrated digital employee experience, optimize costs and create IT efficiencies with a tangible return on investment. The company is enabling more than 500 global customers transform their employee experience and has driven a collective $3 billion in productivity savings.
Leveraging its significant 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 innovative product suite and go-to-market teams. Equity for the investment comes from Carlyle Europe Technology Partners (CETP) IV, a €1.35 billion fund that invests in small and middle-market technology-focused opportunities in Europe and the US.
Rothschild & Co advised on the sale of this transaction. For further detail please contact Ian Guilfoyle.