NEW YORK, NY and CALGARY, Alberta – July 22, 2026 – Global investment firm Carlyle (NASDAQ: CG) today announced that its Global Credit platform has provided financing to support Francisco Partners’ take-private acquisition of Blackline Safety Corp. (“Blackline”), a provider of connected safety technology for industrial workforces. Carlyle served as Administrative Agent and Lead Arranger for the transaction.
Headquartered in Calgary, Blackline provides connected wearable devices, personal and area gas detection, cloud-connected software and data analytics that help organizations protect workers and respond to safety risks across industrial environments.
“We are pleased to support Francisco Partners in its acquisition of Blackline Safety,” said Ari Mazo, Managing Director, Direct Lending at Carlyle. “This financing reflects Carlyle’s ability to provide scaled, tailored capital solutions in support of experienced sponsors and their portfolio companies.”
This investment is being led by Carlyle’s Direct Lending team within its Global Credit platform. The strategy pursues investments in privately negotiated debt and capital solutions by partnering with sponsors and family or entrepreneur-owned companies. Carlyle’s Global Credit platform has $209 billion in assets under management as of March 31, 2026.
About Carlyle
Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit, and Carlyle AlpInvest. With $475 billion of assets under management as of March 31, 2026, Carlyle’s purpose is to connect people, ideas, and capital to fuel growth for companies and performance for investors. Carlyle employs more than 2,500 people in 28 offices across four continents. Further information is available at www.carlyle.com. Follow Carlyle on X @OneCarlyle and LinkedIn at The Carlyle Group.
About Blackline Safety
Blackline Safety is a connected safety technology company that provides wearable devices, personal and area gas detection, cloud-connected software and data analytics for organizations operating in industrial environments. The Company’s solutions are designed to support worker protection, incident response and operational visibility. Further information is available at www.blacklinesafety.com.
About Francisco Partners
Francisco Partners is a leading global investment firm that specializes in partnering with technology and technology-enabled businesses. Since its launch over 25 years ago, Francisco Partners has invested in over 500 technology companies, making it one of the most active and longstanding investors in the technology industry. With over $75 billion in capital raised to date, the firm invests in opportunities where its deep sectoral knowledge and operational expertise can help companies realize their full potential. For more information on Francisco Partners, please visit franciscopartners.com.
Media Contacts
Prosek for Carlyle
Ben Howard
914-552-4281
Blackline Safety Corp.
Christine Gillies, Chief Product & Marketing Officer
+1-403-629 9434
