The Carlyle Group acquires majority stake in Strata Geosystems
As part of the transaction, Strata will be merging Strata India, Strata Europe and Strata US in one global entity headquartered out of India.
Strata Geosystems announced that the Carlyle Group, a global investment firm, has acquired a major stake in the company. As part of the transaction, Strata will be merging Strata India, Strata Europe and Strata US in one global entity headquartered out of India.
Carlyle is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit and Global Investment Solutions. With $447 billion of assets under management as of September 30, 2024, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest.
Carlyle employs more than 2,300 people in 29 offices across four continents. Carlyle has been investing in India since 2005, deploying more than $6.5 billion in equity capital across 49 investments.
While the new partnership brings a renewed focus and ambition, Strata will continue to be led by the same senior leadership team, according to the company.
