Carlyle agrees to sell Majority Stake in Metrologic Group to Astorg Partners

London – Global Alternative Asset Manager The Carlyle Group (NASDAQ: CG) today announced it has agreed to sell Metrologic Group to Astorg Partners, an independent private equity fund management company specializing in European mid-market buyouts. Financial details were not disclosed.

Founded in 1980 near Grenoble, Metrologic develops state-of-the-art software solutions that drive 3D measurement machines used for high precision testing in industries such as automotive, aeronautics, energy and many other areas. The company’s universally compatible metrology software delivers high performance, ease-of-use and processing speed. Metrologic solutions are used by 4,000 customers in 40 countries.

Vladimir Lasocki, Managing Director, Carlyle Europe Technology Partners, said: “Since Carlyle Europe Technology Partners invested in the company in 2011, we have supported the management team through our understanding and expertise in the technology sector. We are pleased with the growth and results achieved by Bertrand, Philippe and team and wish them well for the future.”

Bertrand Gili, President of Metrologic Group, stated: “Metrologic’s visionary approach consisting of systematic on-going innovation, strong market anticipation and a deeply-rooted appetite for excellence has earned us the leadership on universal 3D measuring software solutions worldwide. I am thrilled to welcome our new partner Astorg as we are growing towards our latest endeavour: achieving leadership in the inline/robot 3D measurements.”

Philippe Cimadomo, founder of Metrologic, said: “Metrologic is a wonderful success-story that began more than 35 years ago. It has achieved worldwide recognition and set industry standards by developing three-dimensional measurement software solutions. The company continues to grow with new effective technology solutions whose development started several years ago and have now proven to be the most technologically advanced and user friendly inspection software in the market. I have no doubts that with the help and support of Astorg, Metrologic will strengthen its position as world-leading provider of automated three-dimensional measurements.”

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About The Carlyle Group

The Carlyle Group (NASDAQ: CG) is a global alternative asset manager with $194 billion of assets under management across 128 funds and 142 fund of funds vehicles as of December 31, 2014. Carlyle's purpose is to invest wisely and create value on behalf of its investors, many of whom are public pensions. Carlyle invests across four segments – Corporate Private Equity, Real Assets, Global Market Strategies and Investment Solutions – in Africa, Asia, Australia, Europe, the Middle East, North America and South America. Carlyle has expertise in various industries, including: aerospace, defense & government services, consumer & retail, energy, financial services, healthcare, industrial, real estate, technology & business services, telecommunications & media and transportation. The Carlyle Group employs more than 1,650 people in 40 offices across six continents.

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About Metrologic Group

Metrologic Group specializes in the design and manufacture of innovative leading edge 3D inspection software and electronics which run measurement machines used for dimensional control notably in the automotive, aeronautic, transport and medical sectors. Headquartered in Meylan near Grenoble, Metrologic has subsidiaries in the USA, Germany, Spain, Italy, Brazil and China and is backed by an international sales network of distributors located in over 30 countries. With over thirty years of experience, Metrologic provides its customers with high performing 3D measuring software, renowned for its superior degree of accuracy, ease of use, processing speed and for compatibility with all measurement machines available on the market.

About Astorg Partners

Astorg is an independent private equity fund management company, specializing in European midmarket buyouts with total funds of over €2 billion under management, and investing in businesses, often family-owned, with attractive growth prospects. Astorg’s team has distinguished itself by a distinct entrepreneurial culture, a long--term view in its shareholder approach, a lean and local decision-making body enhancing its reactivity, and a strong commitment to its partnering management teams. Although a multi-sector investor, Astorg has developed solid industry expertise in healthcare, business-to-business professional services and niche industrial companies selling differentiated, often technology-driven, products. Astorg is headquartered in Paris and has an office in London; plus Senior Advisors based in England, Italy, the Netherlands, Switzerland and Germany. Visit www.astorg-partners.com for more information.

Advisors

For Astorg Partners (Thierry Timsit, Stéphane Epin, Mathilde Desanges, Benjamin Dierickx)

M&A : Bryan Garnier (Olivier Beaudouin, Vincent Gasne)

Strategic DD : Bain & Cie (Jérôme Brunet, Matthieu Vigneron)

Financial DD : Accuracy (Arnaud Lambert, Anthony Theu)

Legal : Corporate (Alexis Terray, Sebstien Crepy), Tax (Allard de Waal, Thomas Pulcini), Debt (Mounir Letayf)

For Carlyle

M&A : Arma Partners

Strategic VDD : ADL (Vincent Bamberger, Raphael Didier)

Financial VDD : Deloitte (Cyril Stivala, Frederique Chenevoy)

Legal : DLA Piper (Xavier Norlain, Bertrand Levy)

For Management team

Legal : Hoche (Laurent Bensaid, Jean-Luc Blein, Didier Barsus)

Media contacts

The Carlyle Group
Catherine Armstrong
+44 20 7894 1632
Catherine.Armstrong@carlyle.com

Metrologic Group:
Bertrand Gili
+33   4-76-04-30-30

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