An investor consortium to acquire Byggfakta for $986m.

An investor consortium includes Macquarie Capital, Stirling Square Capital and TA Associates, offered to acquire Byggfakta, a software and information company, for $986m. “As long-standing shareholders of Byggfakta, Stirling Square and TA have strong belief in the company’s future prospects and are dedicated to establishing Byggfakta as a leading information services and software provider to the global construction industry. Achieving such a position requires access to additional growth capital and operational resources to accelerate the long-term delivery of its stated strategy, including additional international M&A. Stirling Square and TA, together with Macquarie Capital, a leading global investor, are committed to supporting this transformation and believe it is best suited to a private markets environment. We believe that the Offer reflects an attractive premium and a good opportunity for Byggfakta and its shareholders. We are also pleased to have the unanimous support of the independent bid committee as well as the former CEO and current board member of Byggfakta, Stefan Lindqvist, who has undertaken to accept the Offer,” Henrik Lif, Stirling Square Partner.