A consortium comprising Stirling Square, TA Associates, and Macquarie Capital has completed the acquisition of Byggfakta, a top data and software provider in the construction industry. Headquartered in Ljusdal, Sweden, and with operations spanning over 20 countries, Byggfakta serves over 50,000 customers and employs more than 2,000 people. The acquisition stems from a unanimous recommendation from Byggfakta’s Independent Bid Committee and underscores the consortium’s ambition to position Byggfakta as a global leader in the construction technology sector. Key executives from the consortium have expressed enthusiasm about supporting Byggfakta in accelerating its M&A strategy and delivering organic growth. The deal was finalized on May 6, 2024, with the consortium controlling 99.8% of Byggfakta’s shares through Giant BidCo.

Construction Technology, Private Equity,Sweden, Global

https://www.ta.com/news/stirling-square-ta-associates-and-macquarie-capital-complete-acquisition-of-byggfakta/