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04/2011

METROLOGIC GROUP acquired by THE CARLYLE GROUP

FRANCE Software / Supply Chain & Ops EV 100M - 350M EUR

Context

This of Metrologic Group by Carlyle represents a public-to-private buyout. The acquirer has secured a controlling interest in the company via the acquisition of shares held by the founder and management team. Following this initial acquisition, the firm initiated a simplified public tender offer to delist the company from Euronext Paris. The strategic rationale for the deal centers on facilitating the company's next phase of development as a private entity. By removing the constraints associated with public markets, the management team, in partnership with the sponsor, aims to focus on long-term growth initiatives, operational optimization, and the expansion of its core 3D measurement software offerings. This ownership transition enables the firm to invest more aggressively in product innovation and international market penetration while maintaining the founder’s operational vision, ensuring the continued leadership of the company in its specialized industrial niche.

METROLOGIC GROUP, which reported an EBITDA margin of in 2010, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the TMT (Tech, Media, Telecom) sector (15.3x).

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Target

Metrologic Group is a global leader in the development of agnostic 3D inspection software and advanced electronics dedicated to dimensional control and metrology. Based in Meylan, France, the company specializes in providing high-precision solutions that interface with virtually all measuring machines available on the market. Its product portfolio encompasses a wide array of applications, including automation and robotics control, alongside specialized services for calibration and 3D measurement, serving critical sectors such as automotive, aerospace, energy, and medical. The company is distinguished by its market-leading position in the "agnostic" software space, meaning its solutions are compatible with a diverse range of hardware from various manufacturers. This unique positioning provides a significant competitive advantage in an industry often characterized by proprietary, closed-loop systems. Metrologic Group operates a highly efficient business model focused on software licensing and technical services

Ent. Value

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Multiples

EV / Revenue

EV / EBITDA

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Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2010
2009

Other operations with METROLOGIC GROUP

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
07/2018SANDVIKMETROLOGIC GROUPFRANCESupply Chain & Ops
04/2015ASTORGMETROLOGIC GROUPFRANCESupply Chain & Ops

REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 10M - 30M EUR

EBITDA range: 5M - 25M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of METROLOGIC GROUP by THE CARLYLE GROUP are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Press release: view release

Target: metrologic group

Acquirer: the carlyle group