Deals
Macquarie Consortium Bids for Swedish Construction IT Firm
- Byggfakta makes software for use in the building industry
- Cash offer values Byggfakta share capital at about $1 billion
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A consortium of investors including Macquarie Capital has made an offer to acquire all shares in Byggfakta Group Nordic HoldCo AB, a Swedish software company catering to the construction industry.
The group of investors, including TA Associates and Stirling Square Capital Partners, is offering 46 Swedish kronor ($4.5) in cash for each Byggfakta share, valuing all the shares in the company at about 10.1 billion kronor, according to a statement. Stirling Square and TA already own 67.4% of the shares and votes in the software group.