GRO Capital Reinvests in Trackunit; Minority Stake with Board Representation
June 4, 2021
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.
- Buyers
- GRO Capital, Hg
- Targets
- Trackunit
- Industry
- Cloud & SaaS
- Location
- Denmark
- Transaction Type
- Growth capital
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