Predict your next investment

GRO Capital company logo
Private Equity
FINANCE | Investment Firms & Funds
grocapital.dk

See what CB Insights has to offer

Investments

4

Portfolio Exits

1

Funds

3

Service Providers

2

About GRO Capital

GRO Capital provides capital and knowledge to companies with growth ambitions. Through active ownership, the company's objective is to develop and grow the companies it invests in. GRO Capital targets knowledge-intensive sectors and looks to identify companies with leading positions, high growth potential, and strong management.

GRO Capital Headquarter Location

Amaliegade 49, 1

Copenhagen, 1256,

Denmark

+45 29 43 55 29

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

GRO Capital Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

GRO Capital Rank

Latest GRO Capital News

iPoint Names Peter Schmidt as New Chief Executive Officer

Jul 20, 2022

Sustainability in the focus of the new management Jul 20, 2022 10:00 AM ET Press Release July 20, 2022 /3BL Media/ - iPoint-systems, a global leader in product compliance and sustainability software, is pleased to announce the confirmation of Peter Schmidt as the new CEO. Appointed by iPoint’s major shareholder GRO Capital and iPoint’s Advisory Board, Schmidt will guide iPoint through the next stages of transformation and their journey to growth and success. With this appointment, iPoint is on course to implement further growth plans. Building on iPoint’s achievements in product compliance, sustainability will now be at the heart of the new management’s strategy to become an internationally leading software provider for the automotive, electronics, and chemical industries. In 2020, after iPoint’s 20-year owner-driven journey, the Danish private equity investor GRO Capital A/S became a shareholder of iPoint, adding capital and experience to accelerate growth globally, further strengthen product innovation, enhance sales and marketing efforts, continue to expand iPoint’s strong position in Europe, and build greater depth in the North American and Asian markets. Joining iPoint in 2021 as Managing Director and Chief Revenue Officer, Peter Schmidt has served as interim CEO since March 31, 2022, when founder and long-term CEO Joerg Walden decided to step down. On July 1, 2022, Schmidt has assumed operational leadership as the official successor of Joerg Walden by appointment of GRO Capital and iPoint’s Advisory Board. Peter Schmidt: “Product sustainability and product compliance are becoming more and more key competitive advantages for the industry. Getting to know iPoint’s deep knowledge of product compliance and product sustainability combined with our ability to serve companies in automotive, electronics and chemicals industries with leading innovative software solutions, I see our company well positioned to support our customers on their way to a compliant and sustainable future. I am excited to contribute my part to the success of this well-established company and the whole team.”   Torben Munch, Chairman of iPoint’s Advisory Board: “I am delighted to have Peter with us on this journey. He has demonstrated the experience and enthusiasm to lead iPoint through the next stages of our journey. By appointing him as CEO, GRO and the Board reaffirm their confidence in Peter's work and vision for iPoint's transformation and his ability to ensure growth and stability for the company, its customers, and partners.”  Press contact:

GRO Capital Investments

4 Investments

GRO Capital has made 4 investments. Their latest investment was in Promon as part of their Private Equity on December 12, 2021.

CBI Logo

GRO Capital Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

12/28/2021

Private Equity

Promon

Yes

2

6/4/2021

Private Equity

Subscribe to see more

Subscribe to see more

10

11/13/2020

Private Equity

Subscribe to see more

Subscribe to see more

10

4/8/2019

Private Equity

Subscribe to see more

Subscribe to see more

10

Date

12/28/2021

6/4/2021

11/13/2020

4/8/2019

Round

Private Equity

Private Equity

Private Equity

Private Equity

Company

Promon

Subscribe to see more

Subscribe to see more

Subscribe to see more

Amount

New?

Yes

Subscribe to see more

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

2

10

10

10

GRO Capital Portfolio Exits

1 Portfolio Exit

GRO Capital has 1 portfolio exit. Their latest portfolio exit was Trackunit on March 24, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

3/24/2021

Acq - Fin - II

$99M

6

Date

3/24/2021

Exit

Acq - Fin - II

Companies

Valuation

$99M

Acquirer

Sources

6

GRO Capital Acquisitions

7 Acquisitions

GRO Capital acquired 7 companies. Their latest acquisition was iPoint on March 28, 2022.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

3/28/2022

Private Equity

$99M

Acq - Fin

1

4/13/2021

Subscribe to see more

$99M

Subscribe to see more

10

3/25/2020

Seed / Angel

Subscribe to see more

$99M

$99M

Subscribe to see more

10

10/30/2018

Other Venture Capital

Subscribe to see more

$99M

$99M

Subscribe to see more

10

11/9/2017

Subscribe to see more

$99M

Subscribe to see more

10

Date

3/28/2022

4/13/2021

3/25/2020

10/30/2018

11/9/2017

Investment Stage

Private Equity

Seed / Angel

Other Venture Capital

Companies

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$99M

$99M

Note

Acq - Fin

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

10

10

10

10

GRO Capital Fund History

3 Fund Histories

GRO Capital has 3 funds, including GRO Fund III.

Closing Date

Fund

Fund Type

Status

Amount

Sources

3/16/2022

GRO Fund III

$664.48M

2

10/8/2019

GRO Fund II

Subscribe to see more

Subscribe to see more

$99M

10

12/31/2014

GRO Fund I K/S

Subscribe to see more

Subscribe to see more

10

Closing Date

3/16/2022

10/8/2019

12/31/2014

Fund

GRO Fund III

GRO Fund II

GRO Fund I K/S

Fund Type

Subscribe to see more

Subscribe to see more

Status

Subscribe to see more

Subscribe to see more

Amount

$664.48M

$99M

Sources

2

10

10

GRO Capital Service Providers

2 Service Providers

GRO Capital has 2 service provider relationships

Service Provider

Associated Rounds

Provider Type

Service Type

Investment Bank

Financial Advisor

Subscribe to see more

Subscribe to see more

Service Provider

Subscribe to see more

Associated Rounds

Provider Type

Investment Bank

Subscribe to see more

Service Type

Financial Advisor

Partnership data by VentureSource

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.