KIRK KAPITAL and GRO Capital acquires the majority ownership of the Swedish tech company, Tacton

KIRK KAPITAL and GRO Capital have signed an agreement, whereby they become majority owners of Tacton, a world leader in sales and product configuration for the manufacturing sector.

The transaction comprises a purchase of secondary shares from the existing shareholders and a capital injection to accelerate growth. Eterna Invest, Amymone and the founders of Tacton will continue as shareholders.

The investment comes at a time of substantial growth for Tacton. 2017 is seeing continued strength with a significant number of new customers, and an annual recurring revenue growth target of 100%. The past 12 months has seen a series of strategic acquisitions and the company has expanded its global footprint, opening offices in the US, Germany and Poland.

“The investment in Tacton together with GRO Capital is a testimony of KIRK KAPITAL’s strategy of engaging with strong partners, who we believe can deliver sustainable value-creation. We consider Tacton a first class company with global growth potential and we are excited to support GRO Capital and Tacton on this journey” says the CEO of KIRK KAPITAL, Kim Gulstad
 
For further information, please contact:
Morten Huse Eikrem-Jeppesen, PressConnect, +45 53 85 07 70