Latham & Watkins Advises Carlyle on Investment in Exiger

Exiger, the market leading SaaS company revolutionizing the way corporations, government agencies, and banks manage supply chains, announced that it has entered into a definitive agreement through which it will receive a majority investment from funds managed by global investment firm Carlyle (NASDAQ: CG) and global software investor Insight Partners. The partnership will enable Exiger to continue investing in its award-winning product portfolio of AI solutions that are used in critical applications across government and commercial markets. The company’s management, founders, and existing investor Carrick Capital Partners will reinvest equity as part of this transaction. The transaction is subject to customary closing conditions and regulatory approvals.

Latham & Watkins LLP represents Carlyle in the transaction with a corporate deal team led by Washington, D.C. partners Paul Sheridan and Marc Granger. Advice was also provided on tax matters by New York partner David Raab; on benefits matters by Washington, D.C. partners David Della Rocca and Nikhil Kumar; on intellectual property matters by New York partner Steven Betensky; on data privacy matters by Washington, D.C. partner Marissa Boynton; on finance matters by Washington, D.C. partners Jeffrey Chenard and Jennifer Kent; on antitrust matters by Washington, D.C. partner Ian Conner; on anticorruption matters by Washington, D.C. partner Erin Brown Jones; on sanctions matters by Washington, D.C. partner Les Carnegie; and on government contracts matters by Washington, D.C. partner Kyle Jefcoat.