TA-backed Think Project! buys Cemar

The acquisition marks the company's entry into the UK's construction project management software market.

The combined group will employ 250 people and Cemar will continue to operate under its own brand.

Previous funding
TA acquired Think Project! from Augsburg-based private investment firm Walter Beteiligungen und Immobilien in December 2016.

Company
Cemar was founded in 2005 and is headquartered in Gloucester, UK. The company develops cloud-based software for the management of construction and engineering contracts. It employs 50 people.

People
Think Project! – Thomas Bachmaier (CEO).
Cemar – Ben Walker (CEO).

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