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  5. Infobric Acquires Equipmentloop AB

M&A Deal Summary

Infobric Acquires Equipmentloop AB

On December 10, 2020, Infobric acquired software company Equipmentloop AB

Acquisition Highlights
  • This is Infobric’s 2nd transaction in the Software sector.
  • This is Infobric’s 2nd transaction in Sweden.

M&A Deal Summary
Date 2020-12-10
Target Equipmentloop AB
Sector Software
Buyer(s) Infobric
Deal Type Add-on Acquisition

Target

Equipmentloop AB

Stockholm, Sweden
Equipmentloop AB offers a disruptive platform for visualizing, managing and reviewing usage of equipment and temporary material on the construction site saving up to 30% of equipment rental costs.

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Buyer(S) 1

Buyer

Infobric

Jonkoping, Sweden
Category Company
Founded 2004
Sector Information Technology
Employees19
Revenue 4M EUR (2014)
DESCRIPTION

Infobric is a provider of software and hardware for attendance systems, access control, asset monitoring, and energy efficiency on construction sites. Infobric was founded in 2004 and is based in Jonkoping, Sweden.

DEAL STATS #
Overall 3 of 3
Sector: Software M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
Country: Sweden M&A 2 of 2
Year: 2020 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-10 Buildsafe

Keysborough, Australia

Buildsafe offers a single tool for the entire construction project to report, resolve, and analyze risks and disturbances, reducing both incidents and time to resolution and increasing construction site safety.

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