Home » World » Envea Acquires California Analytical Instruments for Over €20 Million, Backed by Capza Unitranche Debt and Cash – Carlyle Group Commits to Environmental Measurement Systems Consolidation Platform

Envea Acquires California Analytical Instruments for Over €20 Million, Backed by Capza Unitranche Debt and Cash – Carlyle Group Commits to Environmental Measurement Systems Consolidation Platform

Envea signs its third acquisition since the arrival of The Carlyle Group in its capital. The manufacturer of high-precision measurement systems and environmental data processing and reporting solutions has set its sights on the American company California Analytical Instruments. The operation, financed by a unitranche debt with Capza and in cash, exceeds €20 million for 100% of the capital, according to our information.

The Carlyle Group acquired Envea in 2020 by acquiring 55.7% of its capital in an operation then valuing it at €186 million. At the start of 2022, he launched a takeover bid on the capital he did not hold and withdrew the company from the listing a few months later after having acquired more than 90% of its capital. ” While continuing to focus on R&D and organic growth, the idea is to make Envea a consolidation platform and one of the world leaders in environmental measurement systems, by aggregating knowledge, technologies and skills. keys for different applications related to ES regulations and trendsG », explique Cyril Bourdarot, managing director de Carlyle Europe Technology Partners.

2023-05-03 16:42:34
#Envea #crosses #Atlantic

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