Schindler Attorneys Advised GRO Capital on its Investment in Toolsense

Schindler Attorneys advised GRO Capital (“GRO”), a Northern European private equity firm focused on software investments, on the acquisition of a minority stake in ToolSense GmbH (“ToolSense”), a Vienna-based provider of AI-powered facility management solutions, as part of its Series B financing round.

Founded in 2017, ToolSense has developed a comprehensive platform that combines Software-as-a-Service (SaaS), Internet of Things (IoT), artificial intelligence and robotics integrations to optimise asset management and operational processes. The platform is used by more than 200 customers across over 30 countries, enabling facility management providers, equipment manufacturers and dealers to streamline maintenance, reduce downtime and improve operational efficiency.

The investment marks GRO’s first transaction in Austria and will support ToolSense’s continued international expansion, the development of its AI and robotics capabilities and the further growth of its commercial operations.

Schindler Attorneys acted as lead counsel to GRO on all legal and tax aspects of the transaction, including transaction structuring, legal and tax due diligence, negotiation of transaction documentation and regulatory approvals.

For further inquiries:

DDr. Clemens Philipp Schindler, LL.M.
Partner
clemens.schindler@schindlerattorneys.com
T +43 1 512 2613 205

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