Astorg to acquire a majority stake in Redslim.

Astorg, a private equity firm, agreed to acquire a majority stake in Redslim, a data management services provider. Financial terms were not disclosed. “We have spent considerable time gaining deep insights into Redslim’s industry, while initiating a dialogue with the Founders a few months ago. We are impressed by Redslim’s unique positioning and highly differentiated offering, which are reflected in strong customer satisfaction and upselling trends. The Company’s ability to attract top industry talents has built very solid foundations, and we are eager to partner with the team to drive accelerated growth and international expansion," Charles-Hubert Le Baron, Astorg Mid-Cap Partner, Head of Software & Technology.