The Carlyle Group Acquires Telvent Global Services

Investment strengthens Carlyle’s technology presence across Europe

Madrid - Global alternative asset manager the Carlyle Group (NASDAQ: CG) announced today the acquisition of Telvent Global Services (TGS) from Telvent GIT.

Headquartered in Madrid, and employing more than 400 people, Telvent Global Services provides information technology (IT) infrastructure management services, including the provision of hosting across five data centers located in Spain and Portugal.  The company also offers advanced hybrid Cloud platform capabilities in addition to providing broader value-added solutions for industrial cyber security and advanced IT management.

Equity for the transaction comes from Carlyle Europe Technology Partners III, a Carlyle fund focused on emerging European telecommunications, media and technology companies.  The transaction is already completed, but financial terms were not disclosed.  Crescent Capital Group LP provided debt financing for the transaction.

Fernando Chueca, Director of The Carlyle Group, said, ”Telvent Global Services is a growing, two-decade old provider of technology infrastructure management and other IT services in Iberia.  It is a high-quality business with an experienced management team, whose contribution is key to the growth and diversification of the company. Carlyle's extensive experience in the IT sector will contribute to the future creation of value for the company, especially in the current period of rapid change for the European IT services market.”

Carlyle has partnered with a number of similar technology companies including Telecable, Equinix, Numericable, Coresite, Expereo and Completel.  

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About The Carlyle Group
The Carlyle Group (NASDAQ: CG) is a global alternative asset manager with $193 billion of assets under management across 130 funds and 156 fund of funds vehicles as of March 31, 2015. 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 1,650 people in 40 offices across six continents.

Web: www.carlyle.com
Videos: http://www.carlyle.com/news-room/corporate-videos_new
Tweets: www.twitter.com/onecarlyle
Podcasts: www.carlyle.com/about-carlyle/market-commentary

About Telvent Global Services
Telvent Global Services is an independent company in Spain and Portugal in data center and IT infrastructure management.  It provides Cloud and value-added solutions in the field of industrial cyber security as well as advanced information management services.  The company eases IT integration and helps businesses to transform their IT enterprise systems.  Telvent services are highly specialized and the company offers turnkey value-added solutions to clients across a number of key business and services sectors. The company has over 400 employees and revenues of €57 million in 2014.

Web: http://simplify-it-complexity.com/

For more information:

The Carlyle Group
Carmen Basagoiti / Oscar Torres
+34 91 702 71 70 - Cell. +34 607 735 133
cbasagoiti@kreab.com / otorres@kreab.com

Catherine Armstrong
+44 207 894 1632
Catherine.armstrong@carlyle.com

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