June 2024
CarltonOne Engagement
Advisor to CarltonOne Engagement on its Investment from Goldman Sachs Asset Management to Redefine Engagement and Global Rewards
CarltonOne prepares to propel its Engagement and Ecommerce business to the next stage of growth across 185 countries
Canaccord Genuity was an advisor to CarltonOne Engagement, recognized as one of the top 50 most inspiring workplaces in North America and a portfolio company of H.I.G. Growth Partners, on its investment from Goldman Sachs Asset Management. The investment from Goldman Sachs is the second transaction on which Canaccord Genuity advised CarltonOne, after leading the previous engagement that resulted in H.I.G. Growth’s investment in the company in 2017.
For more than 15 years, CarltonOne has been trusted by some of the world’s largest organizations and brands to create employee recognition, sales and channel incentive, customer loyalty, and rewards programs. The company offers the world’s most powerful engagement and ecommerce platform for creating B2B employee recognition, customer loyalty, rewards, and sales/channel incentive programs. CarltonOne helps its partners and clients operate programs with more than 10 million rewards in more than 185 countries. Member transactions on the company’s platform fuel CarltonOne’s Evergrow sustainability mission to fight climate change with a unique eco-action business model that funds the planting of millions of trees every year.
As a leading player in the global rewards and recognition industry with a global footprint and strong reputation, CarltonOne is well-positioned to capture the secular growth in engagement and incentive. Along with the launch of the new CarltonOne Engagement and Ecommerce platform, the company is poised to accelerate expansion into new markets, making it even easier for partners to create and scale engagement and ecommerce programs globally. The investment from Goldman Sachs Asset Management sets the stage to significantly accelerate CarltonOne as a cornerstone platform provider to the global engagement, loyalty, channel incentive, and rewards marketplace.
Bringing together traditional and alternative investments, Goldman Sachs Asset Management provides clients around the world with a dedicated partnership and focus on long-term performance. As the primary investing area within Goldman Sachs, the group delivers investment and advisory services for the world’s leading institutions, financial advisors, and individuals, drawing from its deeply connected global network and tailored expert insights, across every region and market—overseeing approximately $2.6 trillion in assets under supervision worldwide as of December 2023. Driven by a passion for its clients’ performance, Goldman Sachs Asset Management seeks to build long-term relationships based on conviction, sustainable outcomes, and shared success over time.