Carlyle has sold its stake in SmartTrust, a developer of infrastructure software for managing and securing mobile services, to German technology group Giesecke & Devrient (G&D).
Raidlight and Vertical were since 2016 owned by Rossignol Group, a French winter sports group, which is owned by PE firm Altor
Company's founders Rodolphe and Edouard Carle will retain a minority stake in the business
Microwave components producer was acquired from its parent company Meyer Burger Technology
GP reportedly pays €1bn for the two stakes in the parcel delivery firm