The Carlyle Group Closes Majority Investment in HireVue

San Francisco – November 4, 2019 – Cooley advised The Carlyle Group on its majority investment in HireVue, provider of a comprehensive suite of AI-driven talent assessment and video interviewing solutions. Partners Eric Schwartzman, Ron Hopkinson and David Silverman led the Cooley team advising Carlyle.

Existing shareholders, including Granite Ventures, Sequoia and TCV, together with HireVue management, remain minority investors.

“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 technology, media and telecommunications at Carlyle.

Carlyle funded the investment with capital from Carlyle Partners VII, an $18.5 billion fund that makes majority and strategic minority investments primarily in the US in targeted industries, including in technology, media and telecommunications companies. TMT is a core area of focus for Carlyle, representing more than $30 billion of invested equity since inception.

About Cooley LLP

Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation, where innovation meets the law.

Cooley has 1,000+ lawyers across 15 offices in the United States, Asia and Europe.

This content is provided for general informational purposes only, and your access or use of the content does not create an attorney-client relationship between you or your organization and Cooley LLP, Cooley (UK) LLP, or any other affiliated practice or entity (collectively referred to as “Cooley”). By accessing this content, you agree that the information provided does not constitute legal or other professional advice. This content is not a substitute for obtaining legal advice from a qualified attorney licensed in your jurisdiction and you should not act or refrain from acting based on this content. This content may be changed without notice. It is not guaranteed to be complete, correct or up to date, and it may not reflect the most current legal developments. Prior results do not guarantee a similar outcome. Do not send any confidential information to Cooley, as we do not have any duty to keep any information you provide to us confidential. This content may be considered Attorney Advertising and is subject to our legal notices.