GHz Partners advises shareholders of thinkproject! on a growth recapitalisation from TA Associates
thinkproject! acquired by TA Associates
December 2016
GHz Partners is pleased to announce that it acted as financial advisor to the shareholders of thinkproject! on a growth recapitalisation from TA Associates. Growth private equity firm TA Associates’ London team acquired a majority stake in thinkproject! GmbH.
thinkproject! offers a multi-tenant SaaS platform for construction and engineering project management and is used by more than 100,000 users in over 8,000 projects in 40 countries. The Munich based company is market leader in cross-enterprise collaboration and workflow software to the construction and engineering industries across Europe. It delivers a readily common data environment (CDE) for construction and engineering projects. thinkproject! supports asset owners and general contractors across more than 20 sectors, including the energy and automotive industries, infrastructure and government projects.
The company has approximately 200 employees across its Munich headquarters, R&D center in Berlin, and regional sales offices in Spain, Poland, Austria, the Netherlands and France.