Summa Equity sells Infobric to Stirling Square in £250m deal

Summa Equity, a purpose-driven thematic investment firm, announces the sale of its majority stake in Infobric, a leading provider of software solutions for the European construction industry, to Stirling Square Capital Partners, a pan-European mid-market private equity firm. Summa will re-invest alongside Stirling Square, and the management team, as a minority investor.

 Stirling Square will work closely with the management team to continue the business’ expansion into new markets and to invest in new products and services, including through selective acquisitions to complement organic growth.

Since being acquired by Summa in 2018, Infobric has pursued impressive geographical growth and expanded its offering, while making several acquisitions across the sector. Infobric is now the market leader in Sweden, Norway, and the UK with several hundred employees, over 10,000 customers and 300,000 individual users.

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Infobric, headquartered in Sweden with operations across the Nordics and the United Kingdom, provides end-to-end construction software products supporting the digitalization of the construction industry.

Stirling Square has a long track record of investing in leading global construction technology companies, including Byggfakta AS (STO:BFG), NBS, Glenigan, Vortal and BCI Central. Current portfolio companies in the Nordics include AssistansBolaget, Logent and SAR.

Source: Summa Equity

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