William Blair acted as exclusive financial advisor to Tacton Systems (Tacton), a portfolio company of GRO and Kirk Kapital, in connection with its pending sale to Rubicon Technology Partners (Rubicon) and re-investment from GRO. The transaction was signed on July 9, 2023 and is expected to close in August 2023.
About the Companies
Tacton is a category leading provider of a cloud based Configure, Price, Quote (“CPQ”) software platform for global enterprises in the B2B manufacturing domain. Since 1998, Tacton has been at the forefront of transforming and simplifying the way B2B manufacturers handle complex sales processes and deliver seamless customization of products to their customers. The company is trusted by global customers such as ABB, Tetra Pak, Scania, and Siemens. Tacton is headquartered in Stockholm, with offices in Chicago, Karlsruhe, Warsaw, and Tokyo.
GRO is a leading Northern European private equity firm with an exclusive focus on high-quality B2B software companies with strong growth prospects. GRO serves as an active owner developing portfolio companies with a view to create long-term value. GRO has approximately EUR 1bn in AUM.
Kirk Kapital is a family-owned investment company focusing on long-term value creation. Kirk Kapital businesses areas include Strategic Investments, Financial Investments, and Family Office Services. Kirk Kapital’s activities within Strategic Investments are focused around acquiring minority positions in Nordic medium and larger sized companies, which have market leading positions in long-term growth industries. Kirk Kapital has 16 active strategic investments and manages approximately EUR 1.5bn in AUM.
Rubicon Technology Partners invests in enterprise software companies with proven products and talented management teams to help grow and scale their businesses. Rubicon enables companies to adapt to the changing requirements of their businesses as they grow and scale using a proven set of proprietary processes, best practices and a portfolio-wide engagement model called RTP Change Management™. With offices in Boulder, CO, Palo Alto, CA and Stamford, CT, Rubicon has over $850 million in cumulative capital commitments.
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