Supporting EviGrow’s software acquisitions with TechCheck
EviGrow is a long-term investor focused on European vertical market softwarebusinesses. Since 2025, TechX has supported EviGrow with multiple TechChecks as part of its acquisition process.
The work gives EviGrow a clear and pragmatic view of technology risk, technical maturity, and strategic opportunities before investment decisions are made.
EviGrow: A long-term software investor
EviGrow acquires niche software businesses with strong positions in their markets and intends to own them for the long term. Its model is built around preserving what makes each business successful, while supporting continued growth over time.
With a model giving its companies a high degree of autonomy and a long-term ownership horizon, it becomes important to understand each software business on its own terms, including how the product has evolved, how the technology team operates, and what may be needed to support the next stage of development.
How TechCheck supports EviGrow
Better decision support before investment
Each TechCheck helps create a clear picture of the target’s technology foundations before key decisions are made.
A sharper view of risk and development needs
The work helps distinguish immediate concerns from medium-term improvement areas and longer-term product and platform needs.
Consistent input across multiple cases
By supporting multiple investments for EviGrow, TechX brings a consistent assessment lens across different targets and acquisition situations.
Testimonials from EviGrow Software
Fredrik Navjord | Co-Founder & Partner, EviGrow Software
What we value is how pragmatic the TechCheck process is. It is appreciated not only by us, but also by the portfolio companies, where management teams can use the output in their own planning and as input on how to improve the business over time.
Steven Gilsdorf | Co-Founder & Partner, EviGrow Software
What I like is that the TechCheck is never just a technical checklist. It always leads to a broader discussion about the product, how it can be developed further, and where new features or commercial opportunities may exist.
Erik Hedenryd | Co-Founder & Partner, EviGrow Software
Our framework agreement with TechX gives us a clear and consistent setup for assessing software businesses. It also makes it easier to benchmark across cases and brings more structure into valuation discussions.