GRO sells majority stake in Queue-it to THL Partners
GRO Fund II exits its investment after driving significant revenue growth. The sale allows Queue-it to continue expanding under new private equity ownership.
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Private equity firm for advanced B2B software
grocapital.dkLast updated
In short: GRO named new leadership, raised a €150m fund, and completed several exits and new investments.
GRO Fund II exits its investment after driving significant revenue growth. The sale allows Queue-it to continue expanding under new private equity ownership.
Elad Benjamin brings experience from Zebra Medical Vision, Carestream, Lumenis, and Philips.
The investment supports scaling ToolSense's AI-powered facility management platform and marks GRO's first in Austria, expanding in the DACH region.
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The Queue-It deal is THL’s second investment out of THL Automation Fund II.
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