Welcome to a world of ease

Infobric at a glance

Infobric is a construction software company with a purpose to enable a safe, resource-efficient and sustainable construction industry. The company offers end-to-end construction software products for workforce- , contractor- , equipment- , and asset-management. The company was founded in 2004 and has become the market leader in Sweden, Norway, and UK by delivering high quality solutions. Infobric has also started to build presence in several other countries.

Year acquired

2018

Sector

Construction software

Revenue

EUR 55 m

Location

Sweden

Employees

275

Investment themes

Tech-Enabled Transformation

Key developments in 2022

Infobric continued growing in 2022 with 16% recurring revenue growth and high cross-sales levels increasing ARPC by 15% on the back of continued integration work. Infobric launched new products, including the subcontractor portal which already has 960 onboarded customers. The company’s M&A agenda continued with the signing of Hyrma and building a strong pipeline into 2023.

The challenges we face

The productivity in the construction sector increased by only 1% in the past two decades -no other sector has experienced lower growth. Simultaneously, more than one in five fatal accidents at work in the EU took place within the construction sector. In addition to this, there is a significant amount of undocumented labor in the sector. There is a an opportunity to improve safety, labor rights and efficiency through digitalization.

>0%

of all fatal accidents at work in the EU occurs in the construction industry

0%

productivity growth in construction sector in last two decades is lowest among all industries

How does Infobric help?

Reality today

The construction industry is defined by high rates of workplace accidents, limited labor rights, and slow growth and low efficiency compared to other industries.

Infobric approach

Infobric’s digital solutions radically improve management of construction workers and equipment, helping reduce workplace accidents, fraud and undocumented labor, while contributing to drive environmental impact for customers.

Aspirational future

The construction industry is safe and supportive for workers, sustainable for the environment, and free of fraud with higher degree of productivity.

Who is impacted?

Construction workers, including full-time and contract labor, are protected when companies use Infobric’s solutions. Society at large also benefits as the construction industry adopts less fraudulent and more sustainable practices.

What are the impact considerations?

Additionality

As one the largest players within construction tech in the Northern Europe, Infobric is uniquely positioned to support the transition in the construction industry towards safety, efficiency, and sustainability.

Risks

Infobric manages personal data, which makes safeguarding data privacy and security of paramount importance. Illicit use, and/or back solving the software, while unlikely, are potential scenarios for non-compliance with legislation.

SDG alignments

SDG 8
SDG 9
SDG 16

Press release

Summa Equity announces the sale of its majority stake in Infobric to Stirling Square

Stockholm, 21th June 2023: Summa Equity, a purpose-driven thematic investment firm, today announces the sale of its majority stake in Infobric, a leading provider of software solutions for the European construction industry, to Stirling Square Capital Partners (“Stirling Square”) a pan-European mid-market private equity firm.

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KPI reporting

revenue (SEKm)

2022:
+0%
632m
2021:
565m
2020:
484m

Active sites

2022:
+0%
33k
2021:
33k
2020:
34k