Grüßhaber named CFO of think project!

think project! said Oct. 24 that Ralf Grüßhaber was named managing director and chief financial officer. Grüßhaber was most recently a managing director of B2X Care Solutions. think project! is a portfolio company of TA Associates.

PRESS RELEASE

Munich, 24 October 2017 – think project!, the leading SaaS company for collaboration in construction and engineering, today announced the appointment of Ralf Grüßhaber as Managing Director and Chief Financial Officer. With the appointment, Mr. Grüßhaber becomes a member of the senior management team alongside the founder and Chief Executive Officer Thomas Bachmaier.

After studying technical business management in Germany and the United Kingdom, Ralf Grüßhaber began his professional career with Hewlett Packard in Germany and France before working for more than a decade as CFO of the publicly listed telegate AG in Munich. Most recently, he was Managing Director of B2X Care Solutions. Mr. Grüßhaber has spent more than 20 years in the technology sector and is familiar with the entire spectrum of financial, HR and legal topics, including mergers and acquisitions. At think project!, in which global growth private equity firm TA Associates acquired a majority shareholding in January 2017, he will work alongside CEO Thomas Bachmaier.

“Ralf’s entrepreneurial spirit and long-term experience as CFO in technology companies and in mergers and acquisitions are a great benefit for our company,” said Thomas Bachmaier, CEO of think project!. “Ralf’s experience will be particularly beneficial in the further expansion of think project! into international markets, which will strengthen our global presence. We welcome Ralf to the team and look forward to his future contributions to think project!.”

Commenting on his appointment, Ralf Grüßhaber stated, “Given its low penetration, the market for construction collaboration software offers exceptional opportunities for continued strong and profitable growth. I am excited and honored to join think project! and am eager to help continue, and possibly even accelerate, the company’s impressive track record of organic and inorganic growth.” ______________________

About think project!:

For more than 15 years, think project! has delivered a readily available and shapeable common data environment (CDE) for construction and engineering projects. think project! meets the emerging need for digital construction solutions that facilitate cross-enterprise collaboration and overall information management. think project!’s offer also includes process management solutions for building information modelling (BIM) and interfaces to general business applications such as ERP.

think project! addresses today’s digitalisation challenges in construction and engineering by providing state-of-the-art software solutions as well as industry expert consulting and services. think project! was founded in 2000 in Munich, Germany. Since then, the company has grown into the leading provider for cross-enterprise collaboration and information management in Europe. think project! also holds shares in companies offering complementary solutions and services. Global customers from the construction and engineering industries are served from think project!’s home base in Munich and via a range of subsidiaries across Europe. From the R&D headquarters in Berlin, multi-national R&D teams responsible for software development and innovation are coordinated. Press Contact: think project! GmbH, Diana Deierl, Corporate Communications Manager, Zamdorfer Strasse 100, 81677 Munich, ph: +49 89 930 839-328, www.thinkproject.com, email: media@thinkproject.com