Docu Nordic gets acquired by Stirling Square.

Stirling Square Capital Partners, a Jersey, Channel Island and London, UK-based mid-market private equity firm focusing on European deals, today announces the acquisition of DOCU Nordic Group Holdings AB.

The financial details of the transaction were not disclosed. The deal was made with Segulah, a private equity firm based in Stockholm, Sweden, which bought Docu Nordic in 2014.

DOCU Nordic, based in Ljusdal, Sweden and led by CEO Stefan Lindqvist, is the leading 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.

The company reported sales of SEK 513M ($63M) in 2016 while maintaining market leading positions 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.