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New Deal


Announced

Completed

TA Associates-backed thinkproject completed the acquisition of Conclude.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

software solutions

Private

engineering software

Software

Private Equity

Friendly

Germany

Majority

software-as-a-service

Payments / Commerce

Acquisition

Completed

Synopsis

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TA Associates-backed thinkproject, a software provider for construction intelligence completed the acquisition of Conclude, a provider of software-as-a-service for engineering and construction projects. Financial terms were not disclosed. The acquisition broadens thinkproject’s customer base, as well as offering additional capabilities to owner-operators and general contractors within the group’s product portfolio. “We are delighted to become integrated within thinkproject. Conclude will benefit from the experience and structures of thinkproject’s international business. Our joining forces has created a strong an even stronger solution for digital transformation which will further support our customers both in Germany and worldwide.” Peter Kaul, Conclude Founder & Managing Director.

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