Carlyle and Insight Partners to Invest in Exiger, a High-Growth AI Supply Chain Risk & Resilience Software Company, in Partnership with Management -
Portfolio Pulse from Charles Gross
Exiger, a leading SaaS company in AI supply chain risk management, will receive a majority investment from Carlyle (NASDAQ:CG) and Insight Partners. This partnership will support Exiger's continued investment in its AI solutions for government and commercial markets. Exiger's management, founders, and Carrick Capital Partners will reinvest equity in this transaction.
December 19, 2023 | 11:16 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Carlyle (NASDAQ:CG) is making a majority investment in Exiger, a high-growth AI supply chain risk management SaaS company, in partnership with Insight Partners and Exiger's management.
The investment in Exiger by Carlyle is a strategic move that could lead to positive market sentiment due to the growth potential of AI and supply chain risk management solutions. As a majority investment, it signifies a strong commitment to Exiger's future and may be viewed favorably by investors, potentially leading to a short-term positive impact on Carlyle's stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80