GRO Capital acquires 46% of Auditdata A/S and becomes main shareholder

▤ Summary

The London-based team will be lead by Johan Olsson, and the team will support GROs existing activities and further expand its network across Northern Europe.Promon to receive strategic investment from GRO Capital, Kirk Kapital and Trifork to fuel growth and build global app shield leaderGRO Capital became a majority investor in Promon in December 2021 together with Kirk Kapital to support the companys growth journey with a focus on solidifying presence in the US and further accelerating growth across verticals. Trifork, a former GRO portfolio company, invested alongside GRO Capital and Kirk Kapital as a strategic partner to Promon.Trackunit and ZTR come together to connect constructionTrackunit and the Industrial IoT division of ZTR are uniting to better serve the growing demands of the construction industry. Putting customer needs first, the two telematics leaders are combining their considerable resources to accelerate innovation and drive digital transformation with collaboration and service at the centre of their strategy.Secomea A/S, a global provider of secure remote access industrial IoT solutions, today announced that GRO Capital A/S will become a new shareholder and provide further capital into the company to support the companys product ambition and accelerate growth globally.Trackunit, which in 2015 was acquired by Goldman Sachs and GRO Capital, today announced its acquisition of Dreyer+Timm. Auditdata is a leading Danish manufacturer of diagnostic instruments and clinic management solutions for hospital hearing care clinics and private practices.Goldman Sachs Merchant Banking Division and GRO Capital to acquire Trackunit A/SGoldman Sachs Merchant Banking Division and GRO Capital to acquire M-Tec Holding, Pandrup, the parent company of Trackunit, from the founders of the company, Svend M. Hansen and Jesper Fjelds\xf8. Trackunit is a leading global independent provider of machine telematics products and software.Trifork is pleased to announce that GRO Capital A/S joins as a shareholder and invests in the future development of the Trifork Group.

▦ Linked Companies

Auditdata

$10M to $25M