sale to The Carlyle Group

Technology & Services
sale to The Carlyle Group


Baird served as the exclusive financial advisor to Array Marketing on this transaction.


Array Marketing (“Array” or the “Company”), a portfolio company of TorQuest Partners (“TorQuest”), was recently acquired by The Carlyle Group (NASDAQ-GS: CG). The terms of the transaction were not disclosed.

Array is one of the largest North American providers of visual merchandising solutions to high-end cosmetic brands, delivering fully integrated store fixtures and merchandising displays. The Company’s offering includes design conceptualization and development, engineering, procurement and production of retail displays and store fixtures. The Company's success is attributable to its strong partnerships with leading global clients, having provided them with innovative merchandising solutions for over 30 years. Array was founded in 1981 and is headquartered in Toronto, Ontario.

Founded in 2002, TorQuest Partners is a Canadian-based manager of private equity funds. With more than C$1 billion of equity capital under management, TorQuest invests in middle market companies and works in close partnership with management to build value. TorQuest is based in Toronto, Ontario.

The Carlyle Group is a global alternative asset manager with $188 billion of assets under management across 126 funds and 160 fund of funds vehicles. Carlyle’s purpose is to invest wisely and create value on behalf of its investors, many of whom are public pensions. Carlyle invests across four segments – Corporate Private Equity, Real Assets, Global Market Strategies and Investment Solutions – in Africa, Asia, Australia, Europe, the Middle East, North America and South America. Carlyle has expertise in various industries, including: aerospace, defense & government services, consumer & retail, energy, financial services, healthcare, industrial, real estate, technology & business services, telecommunications & media and transportation. The Carlyle Group employs more than 1,700 people in 35 offices across six continents and is headquartered in Washington, D.C.

For additional information about this transaction, please contact:

Andrew Snow +1 (312) 609-4972
Tom Lacy +1 (414) 298-7648
Brian Doyal +1 (312) 609-4916
David Silver +44 (0) 20 7667 8216
Technology & Services
sale to The Carlyle Group
December 2015
Array Marketing
Technology & Services
Target Location
North America
Acquiror Location
North America