/C O R R E C T I O N -- Trackunit/
Trackunit, a leading SaaS and operating data platform provider for the construction sector, has announced that Goldman Sachs Alternatives will acquire a majority stake in the company from Hg and GRO Capital. Hg will reinvest in the business, demonstrating confidence in Trackunit's growth trajectory.
Founded in 2003 in Denmark, Trackunit specializes in connecting construction equipment to the cloud through its verticalized operating data platform. The company serves over 5,000 customers across the construction value chain and employs approximately 400 people. Their solutions enhance operational efficiency and reduce downtime for equipment manufacturers, rental companies, contractors, and ecosystem tech partners.
This marks Goldman Sachs Alternatives' second investment in Trackunit, having previously owned a majority stake from 2015 to 2021. The transaction, expected to close in early summer, aims to accelerate Trackunit's growth, product development, and global expansion while maintaining its mission to eliminate downtime in construction.
Trackunit, un fornitore leader di piattaforme SaaS e dati operativi per il settore delle costruzioni, ha annunciato che Goldman Sachs Alternatives acquisirà una partecipazione di maggioranza nell'azienda da Hg e GRO Capital. Hg reinvestirà nell'azienda, dimostrando fiducia nella traiettoria di crescita di Trackunit.
Fondata nel 2003 in Danimarca, Trackunit si specializza nel collegare le attrezzature per la costruzione al cloud attraverso la sua piattaforma di dati operativi verticalizzati. L'azienda serve oltre 5.000 clienti lungo la filiera delle costruzioni e impiega circa 400 persone. Le loro soluzioni migliorano l'efficienza operativa e riducono i tempi di inattività per i produttori di attrezzature, le società di noleggio, i contraenti e i partner tecnologici dell'ecosistema.
Questo segna il secondo investimento di Goldman Sachs Alternatives in Trackunit, avendo precedentemente posseduto una partecipazione di maggioranza dal 2015 al 2021. La transazione, che si prevede si chiuderà all'inizio dell'estate, mira ad accelerare la crescita di Trackunit, lo sviluppo del prodotto e l'espansione globale, mantenendo al contempo la sua missione di eliminare i tempi di inattività nelle costruzioni.
Trackunit, un proveedor líder de plataformas SaaS y datos operativos para el sector de la construcción, ha anunciado que Goldman Sachs Alternatives adquirirá una participación mayoritaria en la empresa de Hg y GRO Capital. Hg reinvertirá en el negocio, demostrando confianza en la trayectoria de crecimiento de Trackunit.
Fundada en 2003 en Dinamarca, Trackunit se especializa en conectar equipos de construcción a la nube a través de su plataforma de datos operativos verticalizados. La empresa atiende a más de 5,000 clientes a lo largo de la cadena de valor de la construcción y emplea aproximadamente a 400 personas. Sus soluciones mejoran la eficiencia operativa y reducen el tiempo de inactividad para los fabricantes de equipos, empresas de alquiler, contratistas y socios tecnológicos del ecosistema.
Esta es la segunda inversión de Goldman Sachs Alternatives en Trackunit, habiendo poseído anteriormente una participación mayoritaria de 2015 a 2021. La transacción, que se espera que se cierre a principios de verano, tiene como objetivo acelerar el crecimiento de Trackunit, el desarrollo del producto y la expansión global, manteniendo al mismo tiempo su misión de eliminar el tiempo de inactividad en la construcción.
트랙유닛(Trackunit), 건설 분야의 선도적인 SaaS 및 운영 데이터 플랫폼 제공업체는 골드만 삭스 얼터너티브스(Goldman Sachs Alternatives)가 Hg 및 GRO Capital로부터 회사의 대다수 지분을 인수할 것이라고 발표했습니다. Hg는 비즈니스에 재투자하여 트랙유닛의 성장 궤적에 대한 신뢰를 나타냅니다.
2003년 덴마크에서 설립된 트랙유닛은 전문화된 운영 데이터 플랫폼을 통해 건설 장비를 클라우드에 연결하는 데 특화되어 있습니다. 이 회사는 건설 가치 사슬을 따라 5,000명 이상의 고객을 확보하고 있으며 약 400명의 직원을 고용하고 있습니다. 그들의 솔루션은 운영 효율성을 높이고 장비 제조업체, 렌탈 회사, 계약자 및 생태계 기술 파트너의 다운타임을 줄여줍니다.
이번 거래는 골드만 삭스 얼터너티브스의 트랙유닛에 대한 두 번째 투자로, 2015년부터 2021년까지 대다수 지분을 보유했던 바 있습니다. 거래는 여름 초에 종료될 예정이며, 트랙유닛의 성장, 제품 개발 및 글로벌 확장을 가속화하는 동시에 건설 분야의 다운타임 제거라는 사명을 유지하는 것을 목표로 하고 있습니다.
Trackunit, un fournisseur leader de plateformes SaaS et de données opérationnelles pour le secteur de la construction, a annoncé que Goldman Sachs Alternatives va acquérir une participation majoritaire dans l'entreprise auprès de Hg et GRO Capital. Hg réinvestira dans l'entreprise, témoignant de sa confiance dans la trajectoire de croissance de Trackunit.
Fondée en 2003 au Danemark, Trackunit se spécialise dans la connexion des équipements de construction au cloud via sa plateforme de données opérationnelles verticalisée. L'entreprise sert plus de 5 000 clients à travers la chaîne de valeur de la construction et emploie environ 400 personnes. Leurs solutions améliorent l'efficacité opérationnelle et réduisent les temps d'immobilisation pour les fabricants d'équipements, les sociétés de location, les entrepreneurs et les partenaires technologiques de l'écosystème.
C'est le deuxième investissement de Goldman Sachs Alternatives dans Trackunit, ayant précédemment détenu une participation majoritaire de 2015 à 2021. La transaction, qui devrait se clôturer au début de l'été, vise à accélérer la croissance de Trackunit, le développement de produits et l'expansion mondiale tout en maintenant sa mission d'éliminer les temps d'immobilisation dans le secteur de la construction.
Trackunit, ein führender Anbieter von SaaS- und Betriebsdatenplattformen für die Bauindustrie, hat angekündigt, dass Goldman Sachs Alternatives eine Mehrheitsbeteiligung an dem Unternehmen von Hg und GRO Capital erwerben wird. Hg wird erneut in das Geschäft investieren und damit Vertrauen in die Wachstumsstrategie von Trackunit zeigen.
Das 2003 in Dänemark gegründete Unternehmen Trackunit hat sich darauf spezialisiert, Baugeräte über seine vertikal ausgerichtete Betriebsdatenplattform mit der Cloud zu verbinden. Das Unternehmen bedient über 5.000 Kunden entlang der Wertschöpfungskette im Bauwesen und beschäftigt etwa 400 Mitarbeiter. Ihre Lösungen steigern die Betriebseffizienz und reduzieren Ausfallzeiten für Gerätehersteller, Vermietungsunternehmen, Auftragnehmer und technologiepartnerschaften in ihrem Ökosystem.
Dies ist die zweite Investition von Goldman Sachs Alternatives in Trackunit, nachdem das Unternehmen von 2015 bis 2021 zuvor eine Mehrheitsbeteiligung hielt. Die Transaktion, die voraussichtlich zu Beginn des Sommers abgeschlossen wird, zielt darauf ab, das Wachstum von Trackunit, die Produktentwicklung und die globale Expansion voranzutreiben, während gleichzeitig die Mission zur Beseitigung von Ausfallzeiten im Bauwesen beibehalten wird.
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In the news release, Trackunit announces investment from Goldman Sachs Alternatives, issued Feb. 10, 2025 by Trackunit over PR Newswire, we are advised by the company that there are changes throughout the press release. The complete, corrected release follows:
Trackunit, a Global Leader in Software and IoT Connectivity Solutions for the Construction Sector, Announces Investment from Goldman Sachs Alternatives
AALBORG,
Founded in 2003 and headquartered in
Goldman Sachs Alternatives previously owned a majority stake in Trackunit between 2015 and 2021, bringing unique insights and a proven partnership. During the previous ownership period, Goldman Sachs leveraged its global network and differentiated value creation capabilities to support meaningful expansion of the Company's product capabilities and operations. With Goldman Sachs Alternatives and Hg (invested since 2021), Trackunit has an ideal shareholder base to continue investing in cutting-edge product development, technology, people and further expansion.
A Shared Vision for the Future
Soeren Brogaard, CEO of Trackunit, commented: "We have built a strong foundation together with Hg, advancing our offerings and working together with customers to eliminate downtime in construction. The reinvestment from Hg, alongside the new and proven partnership with Goldman Sachs Alternatives, positions us to scale even faster. We remain fully committed to our purpose, and with Goldman Sachs Alternatives' expertise and global reach, we are excited to accelerate innovation and growth for our customers and partners worldwide."
Michael Bruun, Partner and Global Co-Head of Private Equity at Goldman Sachs Alternatives, said: "We are thrilled to partner once again with Trackunit's leadership team, along with Hg, to build on their success and drive even greater impact for customers globally. We see significant potential in continuing to scale the business and further embedding digital solutions across the construction ecosystem."
Scott Myers and James Robinson, Managing Directors and Co-Heads of European Technology Private Equity at Goldman Sachs Alternatives, said: "Through its unique software & data capabilities and customer-focused approach, Trackunit has become a mission critical provider to the construction ecosystem. We look forward to collaborating with management and leveraging the Goldman Sachs Value Accelerator and global network to support the Company in its next stage of growth."
Nick
Advisors and Closing Conditions
The selling shareholders were advised by Evercore, Skadden, Gorrissen Federspiel, CMS and Deloitte.
Goldman Sachs Alternatives was advised by Goldman Sachs International, Morgan Stanley & Co. International plc, Deloitte, White & Case, A&O Shearman, and Sullivan & Cromwell.
The transaction remains subject to customary regulatory approvals and is expected to close in early summer.
About Trackunit
Trackunit is a global technology company that connects construction through one platform to create a living, evolving ecosystem that delivers data and insights to the off-highway sector. With circa 3.5 million visible assets connected, it uses technology to eliminate downtime, improve safety, and help customers improve the bottom line in a sustainable, cost-effective way. Follow us on LinkedIn.
For further information, please visit: https://trackunit.com/
About Private Equity at Goldman Sachs Alternatives
Goldman Sachs (NYSE: GS) is one of the leading investors in alternatives globally, with over
View original content:https://www.prnewswire.com/news-releases/trackunit-announces-investment-from-goldman-sachs-alternatives-302372680.html
SOURCE Trackunit
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