We are pleased to share that GRO has closed its latest fund, GRO Generation I, at EUR 150 million. Backed by existing investors along with new partners, the launch elevates GRO’s total assets under management to EUR 1.2 billion.
GRO Generation I allows GRO to capture a broader segment of the target universe, partnering with best-of-breed platforms within the B2B software domain across Northern Europe, a continuation of the strategy of their flagship series.
About GRO
GRO is an experienced strategic private equity investor, specializing exclusively in B2B software. It is headquartered in Copenhagen with additional offices in London and Oslo. With GRO Generation I, GRO has assets under management now totaling EUR 1.2 billion.
About Asante
Asante Capital Group is a leading independent private equity placement and advisory group. Founded in 2010, the firm has offices in London, New York City, Hong Kong, and Munich. The team of over 75 professionals has advised on over $100 billion of successful private capital raisings across the globe, raising capital from North American, European, Middle East and Asia-Pacific-based investors. Asante specializes in GP advisory and fundraising support across primary, direct and secondary investments.