Stirling Square Buys Control of Construction-Tech Firm Infobric

Stirling Square Capital Partners has acquired a majority stake in Infobric, a provider of software solutions for the European construction industry, from Summa Equity.

The mid-market private equity firm plans to help Infobric expand into new markets and invest in products and services, including through acquisitions, according to a statement on Wednesday.

Financial details weren’t disclosed. The deal values Infobric at more than 3.5 billion Swedish kronor ($324 million), a person familiar with the matter said, asking not to be identified discussing confidential information.

Based in Sweden, Infobric operates across the Nordic region and the UK and ...