CarltonOne Secures Investment from Goldman Sachs Asset Management

Toronto-based company, CarltonOne Engagement, has announced a significant investment from Goldman Sachs Asset Management. This investment will propel CarltonOne’s Engagement and Ecommerce business to new heights across 185 countries.

Founded over 15 years ago, CarltonOne has established itself as a trusted provider of employee recognition, sales & channel incentive, customer loyalty, and rewards programs for some of the world’s largest organizations and brands. With operations in over 185 countries, CarltonOne programs currently impact 14 million customers globally.

Rob Purdy, the Founder and CEO of CarltonOne, expressed his excitement for the future of the company with this new investment. He highlighted the potential for growth that comes with the support of Goldman Sachs Asset Management’s global network and resources.

Goldman Sachs Asset Management’s Managing Director and Head of Technology Private Equity, Harsh Nanda, praised CarltonOne’s reputation and global footprint in the rewards and recognition industry. He emphasized the partnership’s goal to drive innovation and growth in the industry.

With the launch of the new CarltonOne Engagement and E-commerce platform, the company is gearing up to expand into new markets and streamline the creation and scaling of engagement and e-commerce programs for partners worldwide.

The future roadmap for CarltonOne includes enhancing products, amplifying sales and marketing efforts, and strengthening partner relationships. The company’s financial advisors for this investment were Baird and Canaccord Genuity, with legal counsel provided by Paul Hastings LLP for CarltonOne and Simpson Thacher & Bartlett LLP for Goldman Sachs Asset Management.

About CarltonOne:
CarltonOne is a leading provider of engagement and e-commerce solutions for B2B employee recognition, customer loyalty, rewards, and sales/channel incentive programs. Recognized for its inspiring workplace culture, CarltonOne operates programs in over 185 countries, with millions of rewards distributed annually.

About Goldman Sachs:
Goldman Sachs Group, Inc. is a renowned global financial institution offering a wide range of financial services to a diverse client base worldwide. Established in 1869 and headquartered in New York, the firm has a presence in major financial hubs across the globe.