Private Equity

Carlyle cashes in on $330m sale of UK software provider

The firm has exited its investment in tech company Eggplant to rival Keysight Technologies for $330m

Carlyle Group has sold UK-based software testing company Eggplant to Keysight Technologies for $330m. The firm scored a seven times return on the exit, a person familiar with the matter told Private Equity News.

Eggplant provides automated and AI-driven software testing tools for clients across different industries, including financial services, healthcare, retail, telecom, and media. Its products enable organisations to test, monitor, and report on the quality and responsiveness of software applications across different interfaces, platforms, browsers, and devices.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire