Announced
Financials
Sources
Tags
Single Bidder
Private Equity
Pending
software development
Majority
Private
Norway
Friendly
Software
Acquisition
Disposal
Synopsis
Private equity firms Goldman Sachs Merchant Banking Division and Summa Equity agreed to invest in EcoOnline, a European software company helping customers to optimise safe handling of chemicals and ensure occupational safety. Financial terms were not disclosed. "We are thrilled to have the continued engagement and expertise of Summa Equity while adding Goldman Sachs as a key shareholder to provide further support for our sustained growth within existing and new international markets. In our next wave of growth, we are excited to have a new, strong, responsible and ambitious ownership team, and new capital to help us build on our vision and realize our European leadership ambition within chemical management and occupational safety solutions," Göran Lindö, EcoOnline CEO.
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