# Hg to acquire controlling interest in Trackunit from Goldman Sachs and GRO Capital

Hg, a global software investor, has agreed to acquire a controlling interest in Trackunit, a leader in software-led telematics for construction, from Goldman Sachs and GRO Capital.

- Type: Acquisition
- Announced: 2021-03-09
- Where: Aalborg, Denmark
- Status: announced
- Products: software-led telematics solutions for off-highway vehicles
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Goldman Sachs](https://endata.com/companies/2175.md) (investor)
- [Goldman Sachs](https://endata.com/companies/2175.md) (partner)
- [Trackunit](https://endata.com/companies/31427.md) (target)
- [Hg](https://endata.com/companies/53720.md) (acquirer)
- [GRO Capital](https://endata.com/companies/53721.md) (investor)
- [GRO Capital](https://endata.com/companies/53721.md) (partner)

## Sources

- [trackunit.com](https://trackunit.com/press/trackunit-attracts-strategic-investment-from-hg/), 2021-03-09: "Trackunit has announced that Hg, a leading global software investor, has agreed to acquire a controlling interest in the company from Goldman Sachs and GRO Capital."
- [hgcapital.com](https://hgcapital.com/insights/trackunit-attracts-strategic-investment-from-hg-to-further-accelerate-the), 2021-03-24: "We are proud to have attracted investment from Hg, which comes at a tipping point for the digitalization of construction."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.