GRO Capital Backs Luxion (makers of KeyShot)

Luxion Acquires Digizuite to Add DAM Capabilities to KeyShot Portfolio

August 29, 2023

Cloud & SaaS

Luxion Group ApS, the company behind KeyShot 3D visualization software, has acquired Digizuite A/S, a Denmark-headquartered provider of Digital Asset Management (DAM) SaaS solutions. The acquisition will integrate Digizuite's DAM capabilities into Luxion's product suite to streamline digital asset workflows and enhance omnichannel content delivery for enterprise customers.

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.

Rubicon Technology Partners Acquires Tacton; GRO Co-Invests

July 13, 2023

Cloud & SaaS

Rubicon Technology Partners has acquired Tacton, the Stockholm-headquartered leader in CPQ SaaS for complex manufacturers, with GRO Capital (via GRO Fund III) investing alongside Rubicon. The transaction represents a sale by existing investors GRO Fund I and Kirk Kapital and is intended to accelerate Tacton's global growth, particularly in North America, through product innovation and go-to-market expansion.

GRO Capital Makes Strategic Growth Investment in iPoint-systems gmbh

November 13, 2020

Software

Northern European private equity firm GRO Capital A/S has taken a minority stake in Germany-headquartered iPoint-systems gmbh, a provider of product compliance and sustainability software. The investment will provide capital and strategic support to accelerate product innovation, expand sales and marketing, and deepen iPoint's presence in North America and Asia.

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.

Seven2 Partners with Lumion in Majority Recapitalization

July 29, 2024

Software

Seven2 (formerly Apax Partners) has completed a majority recapitalization of Lumion, a Sassenheim-based provider of real-time 3D rendering software for the AEC industry. The founders and management team (led by CEO Thomas Sønderby) are significant reinvestors; Lumion has transitioned to a subscription model and reached roughly €20m ARR as Seven2 positions the company for product innovation, sales professionalization and targeted external growth.