The Carlyle Group Acquires OpenLink Financial from TA Associates

Growth Strategy Includes International Expansion and Acquisitions
WASHINGTON--(Business Wire)--
Global private equity firm The Carlyle Group, OpenLink Financial, and TA
Associates today announced that Carlyle has agreed to purchase OpenLink
Financial, a software developer for the commodity, energy and financial services
industries, from TA Associates. The terms of the transaction were not disclosed.
The transaction is expected to close in the fourth quarter.

Founded in 1992, OpenLink is a provider of cross-asset trading, risk management,
and related portfolio management software solutions for the commodity, energy
and financial services markets globally. OpenLink`s blue chip client base of
more than 150 customers worldwide includes twelve of the top twenty-five largest
commodity and energy companies by market capitalization, eight of the largest
financial institutions and eleven of the largest central banks, as well as major
hedge funds and public utilities. Headquartered on Long Island, New York, and
with offices in New York, Houston, London, Berlin, Vienna, São Paulo, Sydney,
and Singapore, OpenLink has more than 785 employees worldwide.

Kevin Hesselbirg, CEO of OpenLink, said, "TA Associates has played a key role in
the development of OpenLink, helping us to grow organically and evolve from our
entrepreneurial roots. In this next phase of our journey, Carlyle`s technology
expertise and financial know-how will serve us well, particularly as we expand
internationally and through acquisitions. We see a bright future for the
continued growth of OpenLink, driven by the persistent expansion of demand in
the industries we serve, as we deliver solutions to the world`s leading energy,
commodity and financial services companies who are our clients."

Cam Dyer, Principal in Carlyle`s U.S. Technology Buyouts group, said, "We are
pleased to back CEO Kevin Hesselbirg and his talented management team, who have
an outstanding track record and a clear strategy for long-term growth. We look
forward to supporting OpenLink`s growth through Carlyle`s global resources and
industry expertise, and we expect that OpenLink's valued clients and talented
employees will benefit from this growth as OpenLink continues to increase the
breadth and depth of its industry leading software solutions."

Kurt Jaggers, a Managing Director at TA Associates, said, "We enjoyed working
with the entire management team and Board at OpenLink. This has been a truly
successful relationship that has further accelerated OpenLink`s growth." Added
John Meeks, a Managing Director at TA Associates, "OpenLink is on a path for
continued success and we wish them well."

Acquisition financing has been arranged by Bank of America Securities and Credit
Suisse Securities. OpenLink Financial was advised by Morrison & Foerster and
BofA Merrill Lynch. The Carlyle Group was advised by Alston & Bird and Credit
Suisse. TA Associates was advised by Goodwin Procter.

Equity capital for this transaction will come from Carlyle Partners V, Carlyle`s
flagship $13.7 billion U.S. buyout fund, management, and Founder and Chairman
Coleman Fung.

About The Carlyle Group

The Carlyle Group is a global private equity firm with $86.1 billion of assets
under management committed to 64 funds as of June 30, 2009. Carlyle invests in
buyouts, growth capital, real estate and leveraged finance in Africa, Asia,
Australia, Europe, North America and South America focusing on aerospace &
defense, automotive & transportation, consumer & retail, energy & power,
financial services, healthcare, industrial, infrastructure, technology, business
services and telecommunications & media. Since 1987, the firm has invested $56.3
billion of equity in 920 transactions for a total purchase price of
approximately $229.1 billion. The Carlyle Group employs more than 875 people in
20 countries. In the aggregate, Carlyle portfolio companies have more than $109
billion in revenue and employ more than 415,000 people around the world.
www.carlyle.com

About TA Associates

Founded in 1968, TA Associates is one of the largest and most experienced middle
market private equity firms. The firm has invested in nearly 400 companies and
manages more than $16 billion in capital. With offices in Boston, London, Menlo
Park and Mumbai, TA Associates leads buyouts and minority recapitalizations of
profitable growth companies in the technology, financial services, business
services, healthcare and consumer industries. More information about TA
Associates can be found at www.ta.com.

Media:
OpenLink Financial, Henry Bonner, +1 (516) 833-4589
The Carlyle Group, Chris Ullman, +1 (202) 729-5399
TA Associates, Marcia O`Carroll, +1 (617) 574-6796

Copyright Business Wire 2009