GRO Fund III, alongside Kirk Kapital, has acquired Danish identity governance software firm Omada A/S from its current owners, CVC Growth Funds and GRO Fund II, marking a full exit for both. Terms of the deal have not been disclosed.
Founded in 2000 and headquartered in Copenhagen, Omada provides a modern, scalable, and cloud-native IGA solution that helps organisations manage identities and access across complex IT environments. It supports enterprise customers across industries, such as consumer, financial services, manufacturing, healthcare, and critical infrastructure.
The platform enables organisations to strengthen security, ensure compliance, and drive operational efficiency by automating identity and access governance at scale.
Evercore acted as financial advisor and Bruun & Hjelje acted as legal advisor to Omada. The transaction remains subject to customary regulatory approvals.
