Carnegie Dartlet Acquires mStoner

Shamrock Capital Acquires Carnegie Dartlet (Carnegie)

February 15, 2024

Education

Shamrock Capital has acquired Carnegie Dartlet Holdings, LLC, a Westford, Massachusetts–based higher education enrollment marketing and strategy firm. The investment represents an exit for New Heritage Capital; Carnegie — with ~390 employees and more than 750 higher-education clients — will partner with Shamrock to pursue further organic and inorganic growth and expand its enrollment-marketing capabilities.

New Heritage Capital Invests in Carnegie Dartlet

October 13, 2020

Marketing & Advertising

Boston-based private equity firm New Heritage Capital made a growth investment in Massachusetts-based Carnegie Dartlet, a provider of digital marketing, lead generation and research services to higher education institutions. The transaction provides liquidity and financial flexibility to the company while leaving operating control with the reinvesting founders to accelerate future growth.

Carnegie Acquires CLARUS Corporation

March 21, 2023

Education

Carnegie (Carnegie Dartlet LLC), a PE-backed higher education marketing and enrollment strategy firm, has acquired CLARUS Corporation, a specialist in community college marketing. The deal expands Carnegie’s capabilities in community college enrollment marketing and integrates CLARUS’s digital, brand, and research services into Carnegie’s broader higher-education offerings; Carnegie is backed by New Heritage Capital, which remains the platform sponsor.

Carnegie Acquires Fire Engine RED's Student Search Service

December 14, 2023

Education

Carnegie (Carnegie Dartlet LLC), a New Heritage Capital–backed higher education enrollment marketing firm, has acquired Fire Engine RED's Student Search service and team. The acquisition expands Carnegie’s Student Search capabilities—enabling service for both Slate and non-Slate CRM clients—and brings additional talent and strategic enrollment search capabilities into Carnegie’s platform as an add-on to its existing services.

SS&C Technologies Acquires Calastone from Carlyle

October 14, 2025

Financial Services

SS&C Technologies Holdings, Inc. has completed the acquisition of Calastone from global investment firm Carlyle for approximately £766 million (about US$1.03 billion). Calastone’s ~250 employees and global funds-network technology will join SS&C’s Global Investor & Distribution Solutions to strengthen SS&C’s fund operations, transfer agency and distribution capabilities; the deal was funded with cash and debt and is expected to be accretive within 12 months.

StepStone Acquires Appcast

July 1, 2019

Cloud & SaaS

StepStone has acquired a majority stake in Appcast, a U.S.-based programmatic job advertising and recruitment ad tech provider. The acquisition brings Appcast’s Clickcast SaaS platform and programmatic capabilities into StepStone’s global job-board and recruitment technology portfolio, and follows prior investment in Appcast by Baird Capital.