GRO Capital acquires majority in Catenda

Catenda AS (“Catenda” or the “Company”), a leading provider of open ecosystem collaboration and data exchange software for construction and infrastructure projects, announced that it will partner with GRO to accelerate global commercial scaling and continue to drive a digital and sustainable transformation of the construction industry.

Catenda AS, a leading provider of open ecosystem collaboration and data exchange software for construction and infrastructure projects, announced today that it will partner with GRO to accelerate global commercial scaling and continue to drive a digital and sustainable transformation of the construction industry.

GRO is a leading Northern European private equity firm with an exclusive focus on high-quality B2B software companies with strong growth prospects. GRO serves as an active owner developing portfolio companies with a view to create long-term value. GRO has approximately EUR 1bn in AUM and is headquartered in Copenhagen with offices also in London and Oslo.

With this, Spring Capital (the majority external investor) and Strahl Impact Capital, divest their holdings.