Up Close with Carlyle: Accretive M&A and Value Creation

Up Close with Carlyle

Welcome to Up Close with Carlyle, where we look at the investment landscape from a different point of view in each edition by sharing insights from executives across our firmSubscribe here to be notified of future editions.

Add-on acquisitions stand out as an important way to create value in today’s complex pricing environment. At Carlyle, we have completed more than 40 add-ons across our Global Private Equity platform in the last 18 months alone. However, for us, this is not about doing smaller deals at a time of higher borrowing costs. Brian Bernasek, Carlyle’s Co-Head of Americas Corporate Private Equity, and Bobby Schmidt, a Partner on our Americas Corporate Private Equity team specializing in Healthcare, discuss Carlyle’s view that accretive M&A is a powerful tool to generate meaningful, fundamental value in all market conditions. 

Bobby highlights recent add-on acquisitions in our Healthcare portfolio and explains how Carlyle serves as a valued partner to our portfolio companies throughout each phase of a transaction, including:

  1. Access to the right opportunities. Through our global network and deep industry expertise, we source proprietary opportunities for our portfolio companies that accelerate their growth and create cost efficiencies.
  2. The ability to transact in complex financing conditions. Leveraging Carlyle’s Capital Markets team, we can secure financing at the right price, with the right terms, and from the right lenders. This proficiency allows our portfolio companies to capitalize on attractive M&A opportunities in any borrowing environment, including the turbulence the debt capital markets have experienced over the last 18 months. Our Capital Markets team has the expertise to help our companies design the right debt portfolio and hedging strategies, as well as the equity market insights and institutional knowledge required for taking companies public.
  3. Operational resources to integrate M&A and capture value. Our Global Portfolio Solutions team of 50 operating executives and advisors provides our portfolio companies with expertise across areas that are critical to capturing value post-transaction. These include procurement, revenue growth, digital, technology, talent and organizational performance, ESG, and government affairs. We bring these resources to bear to enhance risk mitigation and business integration, helping to grow revenues and drive efficiencies across the businesses.

With our scale, sector and investment expertise, and operational capabilities, we attract great CEOs seeking a strategic partner to help grow their business, with access to the resources they need to do so.

Part of Carlyle’s Global Private Equity business, the Corporate Private Equity segment invests across global sectors, including aerospace and government services; consumer, media, and retail; financial services; healthcare; industrial; and technology.