AutoForm Acquired by Astorg
We are pleased to announce that GCA acted as exclusive financial advisor to the shareholders of AutoForm, a leading provider of software solutions for die design and sheet metal forming simulation, on the sale of a majority stake to French private equity firm, Astorg Partners. Terms of the deal were not disclosed.
AutoForm was founded in 1995 in Zurich, Switzerland. Since then, AutoForm has grown continuously and rapidly, and the company is now recognized as a leading provider of software solutions for die design and sheet metal forming simulation. Its software suite is the only integrated solution covering the entire engineering process chain for sheet metal parts and provides valuable support for key decisions in simultaneous engineering. Today, over 3000 users in more than 700 companies – including all of the top 20 automotive OEM brands – trust in and rely on AutoForm for their critical engineering and manufacturing operations. For more information, visit www.autoform.com.
Astorg is an independent private equity company in Europe with over €4 bn of assets under management. With its strong focus on European growth-oriented technology companies, Astorg has an impressive track record in the area of structuring and performing succession arrangements of mid-sized companies. For more information, visit www.astorg.com.