Carlyle Group LP is partnering with former Domino's Pizza Inc. President and CEO Patrick Doyle to acquire companies that have value creation potential and revenue growth opportunities through technological transformation.
The partners will initially focus on public and private companies with established brands, proven business models and an enterprise value of up to $10 billion, alongside family businesses, targeting opportunities in the North American and European consumer and retail sectors.
Companies that consider technological and digital improvement a top priority, but have not yet had the adequate resources or expertise to pursue this evolution, are of particular interest, according to a statement from Jay Sammons, Carlyle's head of global consumer, media and retail.
Doyle, who will commit personal capital to each acquisition, will work with Sammons.
During his tenure at Domino's, Doyle invested heavily in digital technology.
