Press Release. Published: 06-29-2021.

SECOMEA TO RECEIVE STRATEGIC INVESTMENT FROM GRO CAPITAL

Secomea A/S, a global provider of industrial secure remote access IoT solutions, today announced that GRO Capital A/S will become new shareholders and provide further capital into the Company to accelerate growth.

GRO Capital will support Secomea and its management team to accelerate overall growth and strengthen the SaaS offering towards manufacturers and machine builders.

Since the foundation in 2008, Secomea has built a strong product portfolio and has acquired more than 8,000 customers globally through direct sales and distributors via offices in Europe, the US and Asia. Secomea is currently growing significantly from increased adoption of secure remote access IoT technology for industrial use.

GRO Capital enters as an investor at an important inflection point in the company’s journey as the demand for remote access and industrial IoT solutions intensifies as the need for secure, easy to deploy solutions for doing remote access in an increasingly complex IT and OT environment increases significantly.

CEO, Michael Ferdinandsen: “Our purpose is to unite machine builders and manufacturers to enable more effective support, enhanced service and increased uptime in a world with increasing machine complexity, combined with physical access constraints and elevated compliance demand. With the partnership with GRO Capital, we will accelerate our journey in doing just that”.

Partner in GRO Capital, Morten Weicher: “Enterprise OT infrastructures are becoming increasingly complex, and cybersecurity is now equally as important as safety and productivity. The market demand is accelerating and Secomea has the products to meet this demand. At the same time, we find our experiences within both IoT and cybersecurity software to be very applicable to support Secomea”.

About Secomea

Secomea was founded in 2008 and is today a leading provider of remote maintenance IIoT solutions used by manufacturers, machine builders and integrators globally. Secomea is headquartered in Denmark with offices in the US, Japan and China, as well as a global network of distributors. Secomea has developed a turnkey solution that combines data collection and remote access in one simple and secure platform, enabling machine builders, system integrators and machine operators to perform all aspects of corrective, preventive and predictive maintenance.

By automating communication between equipment and operating systems, the Secomea solution meets the demands of Industry 4.0 and opens industrial solutions in all verticals to new possibilities. For further information about Secomea please visit: www.secomea.com and www.linkedin.com/company/secomea-a-s.

About GRO Capital

GRO Capital is a leading North European private equity fund with an exclusive focus on mature B2B software and tech enabled companies with strong growth prospects. GRO Capital serves as active owners developing portfolio companies with a view to create long-term value. The partners behind GRO Capital have been investors in more than 25 technology and software related companies, and GRO Capital has approximately EUR 430m in AUM. For further information about GRO Capital please visit: www.grocapital.dk and www.linkedin.com/company/gro-capital.

For additional information, please contact:

Secomea A/S
Michael Ferdinandsen
CEO & President
+45 4139 7175
mif@secomea.com

GRO Capital
Morten Weicher
Partner
+45 2849 0603
mw@grocapital.dk