December 11, 2020
SaaS, Software, Technology
Mergers and Acquisitions
GCA Advises Eque2 on the Sale of a 75% Stake to WestBridge
GCA is pleased to announce we acted as exclusive financial advisor to Eque2, a portfolio company of LDC, on the sale of a 75% stake to private equity firm WestBridge.
Established in 2012 and headquartered in Maidenhead, UK, Eque2 supplies business management software to more than 2,700 customers in the construction, housebuilding and contracting industries.
The buyout was led by a five-strong senior management team and provided a full exit for LDC, which acquired a minority stake in the company in November 2017, and other institutional shareholders.
This transaction represents GCA’s 27th global property tech advisory transaction since 2017, reflecting our leading position in this space.