GRO Makes Majority Investment in Catenda AS

GRO Becomes Majority Investor in Netigate AB

August 15, 2022

Cloud & SaaS

GRO (GRO Capital) has made a majority investment in Netigate AB, a Stockholm-headquartered experience management SaaS provider. The investment will support Netigate’s product development and international growth as the company scales its experience management platform for mid-market customers.

GRO and Kirk Kapital Take Majority Stake in Omada A/S

April 29, 2025

Cybersecurity

Omada A/S, a Copenhagen-based leader in identity governance software, accepted a majority investment led by GRO Fund III together with new investor Kirk Kapital and co-investors including the Private Equity Group of J.P. Morgan Asset Management and P+. The transaction provides a full exit to CVC Growth Funds and GRO Fund II and will fund Omada's global expansion, AI-driven product innovation and potential strategic M&A.

GRO Capital Invests in Secomea to Accelerate SaaS Growth

June 29, 2021

Cloud & SaaS

Secomea A/S, a Denmark-based provider of secure remote access IIoT SaaS solutions, has agreed to take a strategic investment from GRO Capital A/S. GRO will become a new shareholder and provide growth capital to accelerate Secomea's global expansion and strengthen its SaaS offering for manufacturers and machine builders.

GRO Invests in Akselos

June 13, 2023

Software

Northern European private equity firm GRO has made a strategic growth investment in Akselos to support the engineering simulation software company's organizational expansion, global commercial scaling, and product leadership. Akselos, headquartered in Lausanne, Switzerland, provides physics-based digital twin technology used across the energy sector and will partner with GRO alongside existing investors such as Shell Ventures.

GRO Capital Makes Strategic Investment in Adform

April 8, 2019

Cloud & SaaS

GRO Capital has agreed to become a new shareholder in Adform A/S, injecting significant equity and partnering with existing investor VIA equity and Adform’s management to support the company’s growth. Adform, a Copenhagen-based ad tech SaaS provider with roughly 850 employees, will use the investment to accelerate its global expansion and product development; closing was anticipated by end of April 2019.

GRO Capital Reinvests in Trackunit; Minority Stake with Board Representation

June 4, 2021

Cloud & SaaS

GRO Capital announced a reinvestment in Trackunit through a newly established continuation vehicle, taking a minority position and securing board representation. The reinvestment is made alongside existing investor Hg, backing Trackunit’s continued growth as a SaaS-based telematics and machine-insights provider for the construction equipment market.