SALT LAKE CITY, Oct. 15, 2019 /PRNewswire/ -- HireVue, provider
of the most comprehensive suite of AI-driven talent assessment and
video interviewing solutions, today announced the completion of The
Carlyle Group's (NASDAQ: CG) majority investment in HireVue.
Existing shareholders, including Granite Ventures, Sequoia and TCV,
together with HireVue management, remain minority investors.
"I can't imagine a better partner for HireVue than The Carlyle
Group," said Kevin Parker, Chairman
and CEO at HireVue. "Together we'll make swift progress on our
broad, growth-focused agenda to deliver new hiring solutions and
capabilities for the global enterprise."
"We are delighted to partner with the HireVue team and to
support its continued growth as it meets increasing demands for
technology-driven interviewing and talent assessment capabilities,"
said Patrick McCarter, Managing
Director and Co-Head of TMT at The Carlyle Group.
The current executive team at HireVue continues to lead the
company under the direction of Mr. Parker.
Equity capital for the investment came from Carlyle Partners
VII, an $18.5 billion fund that makes
majority and strategic minority investments primarily in the U.S.
in targeted industries, including in technology, media and
telecommunications (TMT) companies. TMT is a core area of focus for
Carlyle, representing more than $30
billion of invested equity since inception.
About HireVue
HireVue is transforming the way companies discover, hire and
develop the best talent by combining the power of video, games and
AI for better hiring decisions. The HireVue Assessments and Video
Interviewing Platform uses a ground-breaking combination of
industrial/organizational science and rigorously tested, predictive
artificial intelligence to help customers find and engage higher
quality talent, faster. HireVue is available worldwide in over 30
languages and has hosted more than 11 million on-demand interviews
and one million assessments. Its more than 700 customers worldwide
include over one-third of the Fortune 100 and leading brands such
as Unilever, Hilton, JP Morgan Chase, Delta Air Lines, Vodafone,
Carnival Cruise Line and Goldman Sachs. For more information, visit
www.hirevue.com.
HireVue Social Networks
Twitter: www.twitter.com/HireVue
LinkedIn: www.linkedin.com/company/hirevue
Facebook: www.facebook.com/HireVue
YouTube: www.YouTube.com/user/HireVue
Instagram: www.instagram.com/hirevue/
About The Carlyle Group
The Carlyle Group (NASDAQ: CG) is a global investment firm with
deep industry expertise that deploys private capital across four
business segments: Corporate Private Equity, Real Assets, Global
Credit and Investment Solutions. With $223
billion of assets under management as of June 30, 2019, Carlyle's purpose is to invest
wisely and create value on behalf of its investors, portfolio
companies and the communities in which we live and invest. The
Carlyle Group employs more than 1,775 people in 33 offices across
six continents.
View original
content:http://www.prnewswire.com/news-releases/hirevue-announces-close-of-transaction-with-the-carlyle-group-300937878.html
SOURCE HireVue