The Carlyle Group Acquires Majority Stake in Dept

January 30, 2020

The Carlyle Group has agreed to acquire a majority stake in Dept, a fast-growing independent digital agency headquartered in Amsterdam. The investment (from Carlyle Europe Technology Partners IV) will support Dept's international growth and capability expansion as the company continues scaling across Europe and the Americas; current investor Waterland Private Equity is exiting.

Targets
Dept
Sellers
Waterland Private Equity
Location
North Holland, Netherlands
Transaction Type
Buyout

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