GRO and Kirk Kapital to acquire a majority stake in Omada from CVC.

Private equity firms GRO and Kirk Kapital, agreed to acquire a majority stake in Omada, a company specializing in identity governance and administration software, from CVC, a private equity firm. Financial terms were not disclosed. "With the continued backing of GRO and the addition of Kirk Kapital, we're positioned to accelerate our global growth, double down on innovation in AI, machine identity and other focus areas, and explore strategic M&A opportunities," Michael Garrett, Omada CEO.