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Private Equity Insights

EQT explores potential €1.5bn Thinkproject exit amid SaaS demand

EQT is weighing a possible sale of its stake in Thinkproject, as private equity investors continue to test exit opportunities for scaled SaaS assets despite a slower deal environment.

Andreea Melinti's avatar
Andreea Melinti
Feb 04, 2026
∙ Paid

The firm is working with Arma Partners to assess buyer appetite for the construction-focused software provider.

A deal could value Thinkproject at up to €1.5bn, or roughly $1.8bn, although there is no certainty a transaction will proceed.

EQT acquired Thinkproject from TA in 2020 and has overseen its expansion across infrastructure, utilities, and indust…

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