Goldman Sachs Alternatives completed the acquisition of a majority stake in Trackunit from Hg and GRO Capital.

Goldman Sachs Alternatives completed the acquisition of a majority stake in Trackunit, a SaaS and operating data platform provider for the construction ecosystem globally, from private equity firms Hg and GRO Capital. Financial terms were not disclosed. "We're thrilled to officially welcome Goldman Sachs Alternatives and to continue our journey with Hg. Their commitment supports our long-term ambition to unlock value for our customers and partners through bold innovation, ecosystem partnerships, and by enabling our customers to harness the power of their data and make it useful to eliminate downtime and achieve savings. The focus remains on delivering value and business outcomes for our customers while advancing the construction industry. I look forward to leveraging the global Goldman Sachs network and their extensive investment expertise. This is an exciting time to be a part of this great company and to propel the construction industry forward," Soeren Brogaard, Trackunit CEO.