Docu Nordic announced raising more capital from existing investor Stirling Square Capital Partners.

Docu Nordic, a Ljusdal, Sweden developer of business intelligence and data analytics services, announced that it secured more capital investment.

The money was provided by existing investors Stirling Square Capital Partners together with TA Associates. TA Associates will acquire a significant minority stake in the Company from Stirling Square’s Third Fund alongside Stirling Square’s Fourth Fund, which becomes the majority shareholder in DOCU Nordic.

Docu Nordic, led by CEO Stefan Lindqvist, is a provider of business intelligence and data analytics services within the construction, real estate and healthcare markets in Scandinavia, Central Europe and Iberia.

The company recently announced the acquisition of Vortal in Portugal, which will add strategic e-tendering capabilities and a presence in Iberia. The new investment is the latest step in DOCU Nordic’s aim to create the leading construction technology and construction management eco-system in Europe, with significant opportunity for future buy-and-build activity.