July 2015
Advisor for Trackunit in the sale to Goldman Sachs and GRO Capital
ATRIUM has acted as financial advisor to the shareholders of Trackunit in the sale to Goldman Sachs and GRO Capital.
Trackunit is a specialized provider of telematics solutions with a primary focus on off-highway vehicles. Trackunit designs, manufactures and sells its fleet management solutions to OEMs, the construction and rental industries.
At the time of the sale, the company handled more than 100,000 active units and more than 3,200 customers worldwide.
Goldman Sachs and GRO Capital will continue the impressive growth realized by Trackunit in recent years.
The sales process was initiated in June, and as a result of a strong interest by Goldman Sachs and GRO Capital, the transaction was completed as an accelerated sales process in less than one month.
"With the assistance of ATRIUM, we have now found the right owners who, together with the new management team, can continue to pursue the significant growth potential in Trackunit"
Svend M. Hansen, shareholder of Trackunit
"In a very short and efficient sales process, ATRIUM was able to attain the optimal terms in connection with the generational change"
Jesper Fjeldsø, shareholder of Trackunit
