Announced

Goldman Sachs Alternatives to acquire a majority stake in Trackunit from Hg and GRO Capital.

Synopsis

Goldman Sachs Alternatives agreed to acquire 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. Goldman Sachs Alternatives’ investment marks the next chapter in Trackunit’s ambitious growth journey, supporting the Company’s mission to eliminate downtime in construction and to support customer success and innovation.

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