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Trackunit Announces Investment from Goldman Sachs Alternatives.
Trackunit, a leading SaaS and operating data platform provider for the construction ecosystem globally, announced that Goldman Sachs will acquire a majority stake in the company from funds advised by Hg and Gro Capital.
As part of the transaction Hg, a leading investor in European and transatlantic software and services businesses, will reinvest in the business, reaffirming their confidence in Trackunit’s continued growth and leadership, in construction digitalization.
Hg, Gro Capital and the other selling shareholders were advised by Evercore, Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates, Gorrissen Federspiel, CMS and Deloitte.
The core team from Gorrissen Federspiel consisted of partner Anders Ørjan Jensen, partner Andreas Hertel, attorney Anna Claudius Stadil and assistant attorney Kristina Sønderkær Mortensen.
The transaction remains subject to customary regulatory approvals and is expected to close in early summer.