Press Release December 08, 2015

Goodwin Advised The Carlyle Group on Acquisition of Array

Goodwin Procter recently advised The Carlyle Group on its acquisition of a majority interest in Array Canada Inc. (“Array”). The definitive agreements were signed on November 13, 2015, and the transaction closed on December 4, 2015.

The Carlyle Group (NASDAQ: CG) is a global alternative asset manager with $188 billion of assets under management across 126 funds and 160 fund of funds vehicles. Carlyle's purpose is to invest wisely and create value on behalf of its investors, many of whom are public pensions. Founded in 1987 in Washington, DC, Carlyle has grown into one of the world’s largest and most successful investment firms, with more than 1,700 professionals operating in 35 offices in North America, South America, Europe, the Middle East, Africa, Asia and Australia. Carlyle invests across four segments – Corporate Private Equity, Real Assets, Global Market Strategies and Solutions. Carlyle has expertise in various industries, including: aerospace, defense & government services, consumer & retail, energy, financial services, healthcare, industrial, real estate, technology & business services, telecommunications & media and transportation. The Carlyle Group employs more than 1,700 people in 35 offices across six continents.

Array provides custom, high-end merchandising solutions in more than 30,000 retail locations for the world’s most iconic prestige brands and retailers. With a strong footprint in prestige cosmetics and apparel, the company utilizes its deep expertise in design, innovation, project management and global manufacturing to help transform retail environments for its clients. Array is headquartered in Toronto, Canada and has operations in Toronto and Bradford, Ontario, New York City, Mexico City and Shenzhen, China.

The Goodwin team advising Carlyle was led by partners Ilan NissanMilena Tantcheva and Eric Willenbacher.

Additional information on the transaction can be found in Carlyle’s press release.