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COMPANY
MANAGEMENT

Mikael Boyum, CEO

LEAD PARTNER

Lars Lunde

YEAR INVESTED

2016

HEADQUARTER

Brabrand, Denmark

SECTOR

Industry 4.0

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Exited
Boyum IT Solutions is the global leader in manufacturing, logistics and usability software solutions for the SAP Business One ecosystem

GRO invested in Boyum in September 2016, at the same time acquiring the Swiss manufacturing software provider Beas. In 2018, the group strengthened the product offering with the Belgian logistics software company Produmex, to create the dominant software solutions provider in the SAP Business One ecosystem.

In November 2020, GRO divested Boyum to Volpi Capital, having more than doubled revenue during the ownership period.

COMPANY
MANAGEMENT

Mikael Boyum, CEO

LEAD PARTNER

Lars Lunde

YEAR INVESTED

2016

YEAR Exited

2020

HEADQUARTER

Brabrand, Denmark

Thematic

Industry 4.0

FUND

GRO FUND I

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GRO Capital and Mikael Boyum sign an agreement to sell Boyum IT Solutions
PRESS RELEASE

October 21, 2020

After 4 years of successful co-ownership, GRO Capital and Mikael Boyum have signed an agreement to sell Boyum IT Solutions (“Boyum”), a global leader in manufacturing, warehousing and usability software solutions in the SAP Business One ecosystem, to Volpi Capital.

Boyum IT Solutions cements leading global position with new acquisition
PRESS RELEASE

April 30, 2018

Boyum IT Solutions, a leading global SAP Business One software solutions provider, has acquired Produmex, a leading provider of Warehouse Management software solutions.

GRO announces final close of GRO Generation I at hard cap of €150 million
PRESS RELEASE

June 30, 2024

Building on the success of the GRO fund series, GRO is excited to announce the launch of GRO Generation.

GRO acquires DigitalRoute to accelerate leadership in emerging Usage Data Management market
PRESS RELEASE

April 23, 2024

Leading Northern European B2B software investor GRO acquires the global Usage Data Management leader to capitalize on growth, as demand for subscription and usage-based business models proliferates across industries. 

We Invest in and Develop Outstanding Software Companies

PRESS RESPONSIBLE
Krista Hein Lindahl

press@grocapital.dk

LONDON

GRO, 12 Hay Hill
London W1J8NR
United Kingdom
   

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