GRO, a leading Northern European B2B software investor, today announces the opening of a London office to support its continued European expansion efforts. The opening of the London office follows the recent fund raise of the EUR 0.6 billion GRO Capital Fund III and the establishment of presence in Oslo, Norway.
GRO has EUR 1 billion funds under management and an existing portfolio of 12 software leaders across cybersecurity, manufacturing, vertical and sustainability software. GRO has a flexible investment mandate, taking both majority and minority ownership positions.
To lead the London efforts, Johan Olsson has joined GRO. Johan will join the investment team and brings both operating and investing experience; most recently he was CEO of a consumer internet business and before that, a growth capital investor at Summit Partners.
The London-based team will support GRO's existing activities and play a key role in the firm’s efforts to further expand the GRO network across Northern Europe and will serve as hub to recruit key talent. The team will also build on existing relationships with investors, advisors, and experts in the UK.
Lars Dybkjær, Managing Partner of GRO, said: “The opening of a London presence is a natural extension of our efforts, and we are excited to further build on our relationships with key stakeholders and be part of London’s dynamic ecosystem.”
London is GRO’s third location, alongside Copenhagen and Oslo. The London office is located at 12 Hay Hill in Mayfair.
About GRO
GRO is a leading North European-focused fund B2B software private equity fund targeting companies with strong growth prospects. GRO serves as active owners developing portfolio companies with a view to create long-term value. The partners behind GRO have been investors in more than 25 technology and software related companies, and GRO has approximately EUR 1 billion in AUM.
For further information about GRO please visit: www.grocapital.dk and www.linkedin.com/company/gro-capital