Advised Metrologic Group, a leading provider of 3D measurement software solutions, on its sale to Astorg Partners 
– Founded in 1980, Metrologic is a world-leading 3D measurement software solutions provider
– In 2011, Carlyle Europe Technology Partners (CETP) acquired a 60% stake and subsequently delisted the company from Euronext
– Metrologic solutions are used by 4,000 customers across a wide range of industries in 40 countries
– The company is headquartered in Meylan, France
–Astorg Partners is an independent private equity fund, specializing in European mid-market buyouts, with total funds under management of over €2 billion
– Since its inception in 1983, Astorg conducted 34 buyout investments and realised 23 exits
– Astorg has offices in Paris, London and Luxembourg; plus Senior Advisors based in Holland, Switzerland and Germany
– Astorg acquired a majority stake from The Carlyle Group, the company’s founder Philippe Cimadomo and the management
– Philippe Cimadomo and the management team re-invested alongside Astorg Partners
– CEO, Bertrand Gili, and his team will continue to run and develop the company
– Astorg will support Metrologic in accelerating its international sales and strengthening its cutting-edge i-Robot solution
– Arma Partners supported the company in the exit process, including financial analysis, strategic positioning, valuation, marketing materials preparation and initiated contact with both strategic and private equity funds
– Astorg Partners emerged as the most attractive bidder for the business and Arma, together with the management team and Carlyle, consequently worked towards a very tight and compact timeline to complete the deal which pre-empted a wider auction process
– This transaction demonstrates Arma Partners’ strength in European Technology M&A and outstanding track record in the software sector in particular