Nordic-based PE-firm raises new fund and expands its geographical focus

With a new fund, private equity firm GRO continues to invest in B2B software companies – now also in the UK and Ireland.

Lars Dybkjær, managing partner at the private equity fund GRO. | Photo: GRO Presse

by JENS THOMSEN

GRO, a Nordic-based private equity fund that has been investing in mid-sized B2B software companies for the past decade, has raised over DKK 1.1bn (EUR 150m) for a new fund, Gro Generation I, focusing on growth companies that provide B2B software.

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