Le Lézard
Classified in: Science and technology, Business
Subjects: FNC, VEN

HireVue Announces Close of Transaction with The Carlyle Group


SALT LAKE CITY, Oct. 15, 2019 /PRNewswire/ -- HireVue, provider of the most comprehensive suite of AI-driven talent assessment and video interviewing solutions, today announced the completion of The Carlyle Group's (NASDAQ: CG) majority investment in HireVue. Existing shareholders, including Granite Ventures, Sequoia and TCV, together with HireVue management, remain minority investors.

"I can't imagine a better partner for HireVue than The Carlyle Group," said Kevin Parker, Chairman and CEO at HireVue. "Together we'll make swift progress on our broad, growth-focused agenda to deliver new hiring solutions and capabilities for the global enterprise."

"We are delighted to partner with the HireVue team and to support its continued growth as it meets increasing demands for technology-driven interviewing and talent assessment capabilities," said Patrick McCarter, Managing Director and Co-Head of TMT at The Carlyle Group.

The current executive team at HireVue continues to lead the company under the direction of Mr. Parker.

Equity capital for the investment came from Carlyle Partners VII, an $18.5 billion fund that makes majority and strategic minority investments primarily in the U.S. in targeted industries, including in technology, media and telecommunications (TMT) companies. TMT is a core area of focus for Carlyle, representing more than $30 billion of invested equity since inception.

About HireVue

HireVue is transforming the way companies discover, hire and develop the best talent by combining the power of video, games and AI for better hiring decisions. The HireVue Assessments and Video Interviewing Platform uses a ground-breaking combination of industrial/organizational science and rigorously tested, predictive artificial intelligence to help customers find and engage higher quality talent, faster. HireVue is available worldwide in over 30 languages and has hosted more than 11 million on-demand interviews and one million assessments. Its more than 700 customers worldwide include over one-third of the Fortune 100 and leading brands such as Unilever, Hilton, JP Morgan Chase, Delta Air Lines, Vodafone, Carnival Cruise Line and Goldman Sachs. For more information, visit www.hirevue.com.

HireVue Social Networks

Twitter: www.twitter.com/HireVue
LinkedIn: www.linkedin.com/company/hirevue
Facebook: www.facebook.com/HireVue
YouTube: www.YouTube.com/user/HireVue
Instagram: www.instagram.com/hirevue/

About The Carlyle Group

The Carlyle Group (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across four business segments: Corporate Private Equity, Real Assets, Global Credit and Investment Solutions. With $223 billion of assets under management as of June 30, 2019, Carlyle's purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest. The Carlyle Group employs more than 1,775 people in 33 offices across six continents.

SOURCE HireVue


These press releases may also interest you

at 00:01
ATTOM Data Solutions, curator of the nation's premier property database, today released its fourth-quarter 2020 Special Coronavirus Report spotlighting county-level housing markets around the United States that are more or less vulnerable to the...

at 00:00
A new digital treasury services management provider SH Capital Ltd (SHC), launches in Dubai today with a mission to empower small and medium sized enterprises (SMEs and MMEs) by offering world class global banking services, asset management, FX...

at 00:00
The Q4 2020 Latino Small Business Credit Survey edition is a review of 2020 highlighting credit trends relating to Latino-Owned Businesses (LOBs). Based on our report findings, Camino Financial offers policy guidance for the new Biden-Harris...

20 jan 2021
Northway Biotech, a biopharmaceutical contract development and manufacturing organization (CDMO), established in 2004, with an EMA and FDA-compliant, state-of-the-art, cGMP manufacturing site in Europe, announced at the virtual grand opening ceremony...

20 jan 2021
Huntkey, a leading provider of power solutions, has officially released its 20W Mini PD Charger - the K20 in China. It is now available on Tmall.com, one of biggest e-commerce giants in China. The Huntkey 20W Mini PD...

20 jan 2021
Progressive Planet Solutions Inc. ("PLAN" or "Progressive Planet"), announces that, further to its news releases dated December 22, 2020 and January 7, 2021, the Company has closed its non-brokered private placement financing comprising of 7,500,000...



News published on 15 october 2019 at 08:00 and distributed by: