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Business/Financial

Carlyle, Insight Take Majority Stake In Supply Chain Management Company Exiger

By Cal Biesecker

Wednesday, December 20th, 2023

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Carlyle, Insight Take Majority Stake In Supply Chain Management Company Exiger

Exiger on Wednesday said the company has agreed to receive a majority investment from the private equity firm Carlyle [GG] and Insight Partners, which invests in software and high-technology companies, allowing the supply chain transparency firm to scale up and boost its investments in artificial intelligence. The pending investments were not disclosed. Exiger’s management, founders, and existing investor Carrick Capital Partners will reinvest equity as part of the transaction. Exiger, which is based in Northern Virginia, offers a software-as-a-service platform…

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