Investment in smart commerce for manufacturers

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.” — Kim Gulstad, CEO of Kirk Kapital