Sale to The Carlyle Group

Technology & Services
Sale to The Carlyle Group

Summary

Baird served as financial advisor to ZeroChaos LLC

About

The Carlyle Group (“Carlyle”) (NASDAQ-GS:CG) has made a substantial investment in ZeroChaos LLC (“ZeroChaos” or the “Company”), a portfolio company of Snow Phipps Group, LLC (“Snow Phipps”). Terms of the transaction were not disclosed.

The Carlyle Group (NASDAQ: CG) is a global alternative asset manager with $162 billion of assets under management across 114 funds and 173 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 approximately 1,600 people in 31 offices across six continents and is headquartered in Washington, D.C.

ZeroChaos is a global provider of workforce management solutions that help organizations achieve greater management and financial control of their workforce and talent supply chains. ZeroChaos’ award-winning solutions, including its vendor-neutral Managed Services Program, enable procurement and human resources to improve visibility into contingent labor spend and talent pools, effectively manage and optimize contingent workforce program performance, and mitigate risks. Headquartered in Orlando, Florida, ZeroChaos has global operations in the Americas, Europe, and Asia.

Snow Phipps is a private equity firm focused on middle-market control investments, targeting platform companies with enterprise values ranging from $100 million to $500 million. Snow Phipps utilizes an operating partner model to invest across the industrials, services and consumer industries and seeks value creation through an operationally focused strategy. Snow Phipps is headquartered in New York, New York.
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Technology & Services
Sale to The Carlyle Group
Date
June 2017
Company
ZeroChaos LLC
Transaction
M&A
Sectors
Technology & Services
Target Location
North America
Acquiror Location
North America

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