PARIS – Dechert LLP is advising infrared technology company HGH Infrared Systems on its exclusive negotiations with U.S.-based private equity company The Carlyle Group for a proposed acquisition of a majority stake in HGH alongside the management team. The proposed transaction remains subject to customary employee consultations and regulatory approvals and is expected to close by the end of the year.

HGH Infrared Systems develops, assembles and sells electro-optics systems and software for security, defense, oil & gas, energy and various industrial applications.

The Paris-based team advising HGH Infrared Systems is led by corporate partners Alain Decombe and Ermine Bolot, and also includes:

     • Xavier Leroux and Anne-Sophie Gallot on corporate aspects;

    •Thibault Meiers on employment aspects; and

    • Marie Fillon on intellectual property aspects.

The Carlyle Group is advised by DLA Piper with Xavier Norlain, Matthieu Lampel and Julien Burger.