Paul Hastings Advised H.I.G. Growth Partners In CarltonOne Sale To Goldman Sachs
Paul Hastings Advised H.I.G. Growth Partners In CarltonOne Sale To Goldman Sachs
Paul Hastings LLP advised H.I.G. Growth Partners on the sale of CarltonOne, a prominent developer of employee engagement and loyalty software, to Goldman Sachs Investment Management.
The sale of the platform and subsequent investment are poised to launch the new CarltonOne Engagement and e-commerce platform, facilitating expansion into new markets and the global scaling of engagement and e-commerce programs.
H.I.G. Growth Partners, the growth capital investment arm of H.I.G. Capital, announced the sale of CarltonOne Engagement, a leading SaaS engagement and e-commerce platform catering to B2B employee recognition, customer loyalty, rewards, and sales/channel incentive programs, to Goldman Sachs Asset Management.
Headquartered in Markham, Ontario, CarltonOne boasts a wide-reaching clientele, serving some of the world's largest organizations and brands across more than 185 countries and engaging over 14 million customers globally.
Amit Mehta, Global Co-Chair of the Corporate Department, and Private Equity Associate Sam Domjen spearheaded the Paul Hastings team.
The team also included Aaron Charfoos, Global Chair of the Data Privacy and Cybersecurity Group, along with Partners Eric Keller, Jim Smulkowski, Lindsay Sparks, Michael Wise, and Todd Schneider.
Mehran Massih and Jennifer Riddle served as Of Counsel, while Associates Bill McCue, Megan Craig, Lena Son, Matt Childers, Jesse Schley, and Maggie Shields provided additional support.
