Carlyle agrees to buy Swiss industrial software firm AutoForm

Thu Nov 18 2021
Lucy Harlow (4101 articles)
Carlyle agrees to buy Swiss industrial software firm AutoForm

U.S. buyout fund Carlyle said on Wednesday it had agreed to acquire Swiss industrial software firm AutoForm AG from private equity firm Astorg for an undisclosed amount.

AutoForm, founded in 1995, provides engineering software for sheet metal forming simulation, primarily used in the automotive industry.

Carlyle was advised by Rothschild and law firms Linklaters, Lenz & Staehelin and Latham & Watkins, while Astorg was represented by Evercore, Jefferies and law firm Paul Hastings.

Lucy Harlow

Lucy Harlow

Lucy Harlow is a senior Correspondent who has been reporting about Commodities, Currencies, Bonds etc across the globe for last 10 years. She reports from New York and tracks daily movement of various indices across the Globe