The Carlyle Group Announces Investment in Expereo

Amsterdam, The Netherlands - Global alternative asset manager, The Carlyle Group (NASDAQ:CG) today announced it has entered into an agreement with the founders of Expereo, a global managed Networks Operator, to take a majority stake in the company.  The founders will retain a significant stake in the Business and will continue to serve in senior management positions in the Company.

Founded in 2004, Expereo is a global provider of Dedicated and Broadband Internet, Ethernet, Virtual Private Networks, WiFi, Equipment and On-site Professional Services to international carriers, cloud providers and integrators.  Expereo currently operates in 180 countries and has offices and points of presence in The Netherlands, USA, Canada, UK, Germany, Hong Kong, Singapore, Japan and Australia.

Raj Raithatha, CEO of Expereo commented: “We are delighted to have Carlyle as a partner, as they understand the complexity of international markets and their broad international presence and experience will support us in accelerating the Company’s growth. Their support enables us to do acquisitions, open new offices in growth markets, enhance our product portfolio and expand our network.”

Vladimir Lasocki, Managing Director at The Carlyle Group said: “Expereo is a very successful company, which in a relatively short period of time has established strong capability as a global Internet access aggregator. We are delighted to be working with Expereo to support the future growth of the Company through additional international expansion and product diversification.”

The equity for the Expereo transaction would come from Carlyle Europe Technology Partners III (CETP III).  CETP III is a pan-European fund focusing on growth-oriented investments in telecoms, media and technology.  This will be the first investment of CETP III.  The transaction is still subject to anti-competition approval and it is expected to complete in August 2014 and no further financial details were disclosed.

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About Expereo
With a unique installed base in 180 countries, Expereo is the leading local access centric Managed Network Operator providing Dedicated & Broadband Internet, Ethernet, Virtual Private Networks, WiFi, Equipment and On-site Professional Services to international carriers, cloud providers and integrators.  Starting as a pioneer in 2004 in Europe, Expereo has created a unique global offering, defined the Global Access Aggregation model, and leading it since then.  Today, Expereo works with more than 2,500 suppliers in all key regions and has offices in the Netherlands, United States, Singapore, United Arab Emirates, Argentina, Russia, Mexico and Morocco.

About The Carlyle Group
The Carlyle Group (NASDAQ: CG) is a global alternative asset manager with $199 billion of assets under management across 120 funds and 133 fund of funds vehicles as of March 31, 2014. 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 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 1,600 people in 38 offices across six continents.

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Media Contacts:

Catherine Armstrong
+44 20 7894 1632;

 Jan van Berne
+31 (20) 788 0560

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