GRO Capital

GRO Capital is a private equity firm headquartered in Copenhagen, Denmark, specializing in investments in mature B2B software and technology-enabled companies with strong growth prospects. Established in 2014 by Managing Partner Lars Dybkjær, the firm has expanded its presence with offices in London and Oslo. GRO Capital focuses on providing growth and buyout capital to companies primarily located in Northern Europe, including the Nordic region, DACH (Germany, Austria, Switzerland), and Benelux (Belgium, Netherlands, Luxembourg). The firm's investment strategy centers on B2B software companies that offer business-critical products, addressing fundamental societal challenges such as resource efficiency, cybersecurity, energy, and digitalization. GRO Capital's portfolio includes notable companies like Omada, a global leader in Identity Governance and Administration software, and AIMMS, a pioneer in supply chain and decision optimization software. The firm has raised multiple funds, including GRO Fund III, which closed in March 2022 with a total commitment of €600 million, and GRO Generation I, which closed in June 2024 at the hard cap of €150 million. These funds enable GRO Capital to partner with high-growth B2B software companies across Northern Europe, supporting their expansion and innovation efforts. The firm's approach combines capital investment with operational expertise, assisting portfolio companies in scaling their operations, enhancing product offerings, and entering new markets. GRO Capital's team comprises professionals with extensive experience in technology and software sectors, committed to creating long-term value for investors and portfolio companies alike.