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Stirling Square Capital Partners acquires DOCU Nordic

Private equity firm Stirling Square Capital Partners has acquired DOCU Nordic Group Holdings AB, a provider of business intelligence and data analytics services; essential in the generation of sales leads within the construction, real estate and healthcare markets across the Nordic region.

Headquartered in Ljusdal, Sweden, the company is active in Sweden, Denmark, Norway and Finland.
 
DOCU Nordic’s core business is Project & Product Information services, which provides intelligence for construction market participants and connects materials suppliers and contractors with developers and advisers (such as architects). Together, the Project & Product Information services segment maintains a proprietary centralised database of more than 94,000 construction projects and 16,000 building products, serving a subscriber base of over 22,000 customers across the entire construction value chain. DOCU Nordic additionally offers comparable products in the Commercial Property and Healthcare spaces.
 
Stefano Bonfiglio, Managing Partner of Stirling Square, says: “DOCU Nordic is the clear leader in its space, providing valuable transparency in the highly fragmented and complex construction industry. Together with DOCU Nordic’s management team we look forward to evolving the Company to create an eco-system of intelligence among industry participants.”
 
Henrik Lif of Stirling Square, says: “DOCU Nordic is a terrific business providing mission-critical services to a broad customer base. As we look to the company’s future we see significant opportunity to more deeply integrate with existing customers, expand product offerings in established segments, and develop its footprint beyond the Nordics.”
 
Stefan Lindqvist, CEO of DOCU Nordic, adds: “With Stirling Square as new majority owner, we look forward to continuing our efforts to improve and expanding our offering of information services in existing and new markets.”
 
The transaction represents the eighth platform investment in Stirling Square’s Third Fund, and Stirling Square’s first platform investment in Sweden.

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