TAC
EQT I bought TAC from Incentive AB in 1998.
TAC develops, manufactures and markets HVAC control systems and access & security systems for commercial properties across the world.
- Sector
Industrial Technology
- Country
Sweden
- Fund
EQT I
- Entry
1998
- Exit
2003
About TAC
During EQT’s ownership TAC pursued a growth strategy, including the acquisitions of companies in the US, Denmark, Norway and Finland. This strategy transformed TAC from being a regional company to becoming a global technology leader in information technology for building management. TAC’s turnover quadrupled between 1997 and 2002, reaching 3,151 million SEK in 2002.
In 2003 EQT I sold TAC to Schneider Electric.
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