Following the public communication dated June 29, 2020, the ENVEA Group [EPA: ALTEV], together with its executives and its founder, are pleased to have initiated a process of buying back its shares on the market in partnership with Carlyle European Technology Partners (The Carlyle Group).

ENVEA is a world-class manufacturer of ambient, emission, and process monitoring systems and is a provider of environmental data processing and reporting solutions to industry, laboratories, and government institutions. ENVEA’s equipment and technologies encompass gas analyzers, dust monitors, solids and flue gas flow meters, as well as environmental data processing and reporting solutions.

The Carlyle Group (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across four business segments: Corporate Private Equity, Real Assets, Global Credit and Investment Solutions.

EC M&A acted as exclusive financial advisor to the seller on this transaction.