Announced

GRO Capital to acquire a majority stake in Netigate.

Synopsis

GRO Capital, a private equity fund, agreed to acquire a majority stake in Netigate, a provider of cloud-based experience management platform. Financial terms were not disclosed. “Netigate is currently on an exciting journey to become Europe’s leading experience platform in the mid-market. With the increasing competition for both talent and customers, capturing and taking action on feedback across the entire employee and customer journeys is essential for companies’ competitiveness and survival. With GRO Capital, we now have strong support and investment to further our goal of being the leader in the mid-market,” Mikkel Drucker, Netigate CEO.

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