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Carlyle agrees to buy Swiss industrial software firm AutoForm

Carlyle agrees to buy Swiss industrial software firm AutoForm
Carlyle agrees to buy Swiss industrial software firm AutoForm   -   Copyright  Thomson Reuters 2021
By Reuters

LONDON – 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.