The Carlyle Group takes majority stake in Metrologic Group
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 [members only] in 2010, is valued in this transaction at an EV/EBITDA multiple of 10x–18x, to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (14.6x in 2026).
-> Deep-dive in TMT (Tech, Media, Telecom) market trends
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
€100–350M
Equity Value
[members only]
Multiples
EV / Revenue
4x–10x
EV / EBITDA
10x–18x
EV / EBIT
10x–18x
Historical Financials (EUR)
Other operations with Metrologic Group
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 07/2018 | SANDVIK | METROLOGIC GROUP | FRANCE | Supply Chain & Ops |
| 04/2015 | ASTORG | METROLOGIC GROUP | FRANCE | Supply Chain & Ops |
Other operations with The Carlyle Group
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 10/2026 | THE CARLYLE GROUP | NIDEC COMPONENTS | JAPAN | Sensors & Optics |
| 09/2026 | THE CARLYLE GROUP / CVC | BAUWATCH | NETHERLANDS | Security & Guarding |
| 07/2026 | THE CARLYLE GROUP | SECTURION SYSTEMS | UNITED STATES | Electronics |
| 09/2025 | THE CARLYLE GROUP / BPIFRANCE | CIRIL GROUP | FRANCE | Industry-Specific Software |
| 07/2025 | THE CARLYLE GROUP | ADASTRA GROUP | CANADA | Engineering & Consulting |
| 10/2023 | THE CARLYLE GROUP | LOCABOX | FRANCE | Warehousing / 3PL |
| 05/2023 | THE CARLYLE GROUP | MEOPTA-OPTIKA | CZECH REPUBLIC | Sensors & Optics |
| 01/2023 | THE CARLYLE GROUP | GROUPE LACOUR | FRANCE | Automotive |
| 12/2022 | THE CARLYLE GROUP | TESCAN GROUP | CZECH REPUBLIC | Instrumentation & Measurement |
| 05/2022 | THE CARLYLE GROUP | MANTECH INTERNATIONAL CORPORATION | UNITED STATES | Cybersecurity Services |
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REFERENCES
Valuation range: EV €100–350M
Revenue range: €10–30M
EBITDA range: €5–25M
EV/Revenue range: 4x - 10x
EV/EBITDA range: 10x - 18x
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
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