GRO Capital completed the acquisition of a majority stake in Catenda.

GRO Capital, a Nordic-based private equity fund, completed the acquisition of a majority stake in Catenda, a BIM and CDE platform providing database solutions for construction industry. Financial terms were not disclosed. “Catenda represents an attractive opportunity to make our second investment in Norway and back a company that is driving a sustainable transformation in the construction industry by promoting collaboration, transparency, and data-driven decision-making. We are deeply impressed by the team’s thought leadership and the innovative platform they have built to make the industry more efficient. Aligning perfectly with GRO’s core investment themes of unlocking resource efficiency and creating a sustainable future, Catenda showcases how unleashing the power of software can make life better. We are excited to welcome another global pioneer to the family and join Catenda on its ambitious scaling journey by leveraging GRO’s significant operational and B2B software experience and expertise,” Maxwell Veyhe, GRO Capital Partner.