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News from Monterro

Monterro invests in Itello

15 March 2017

Monterro teams up with the founders and becomes new owners in Itello, the market leading provider of business solutions for the life and pension industry.

Itello was founded in 2003 with the idea of providing a common standard solution for the life and pension industry. Fifteen years later, Itello offers the standard system Inca and has several of the leading Nordic life and pension companies as customers. The founders have searched for a partner with a long-term view that can take an active role and help develop Itello to the next level. With Monterro’s operational and financial support, Itello will now accelerate the development of Inca and help its customers to improve their efficiency through increased automation.

Monterro invests in Outpost24

12 August 2016

Monterro has through its second fund Monterro 2 acquired 75% of the Swedish IT-security company Outpost24. Outpost24 develops and provides vulnerability management technology and services that continuously scan networks and web-applications to identify IT-related vulnerabilities. The frequency of cyber-attacks is increasing steadily and the attacks become more sophisticated. This, in combination with the introduction of the new EU Data Protection Regulation and the risk of financial penalties following data leakages, has contributed to a strong growth for Outpost24, which is the only European supplier providing these types of products and services.

Monterro invests in Hypergene

8 June 2016

Monterro has through its newly announced fund Monterro 2 acquired 60% of the Swedish software company Hypergene. Hypergene develops and delivers a web- based planning, monitoring and analysis product. It includes solutions for three distinctive segments, Performance Management, Budget/Forecast and Analytics and Reporting. Hypergene’s customers are public organizations and private companies mainly in Sweden. The company has a history of strong growth and good profitability.

Monterro closes new SEK 1.2 billion fund

7 June 2016

Stockholm based private equity firm Monterro has closed its second fund and raised SEK 1.2 billion. Monterro 2 is more than twice the size of Monterro 1, surpassing its target and reaching the hard cap for the fund. Monterro 2 will have the same focus as Monterro 1 – investments in Nordic software companies.

Aivo to merge with Mashie

3 November 2015

Monterro’s portfolio company Mashie will merge with Aivo and create the leading Nordic supplier of systems and services for meal planning and production within restaurants and large-scale kitchens.

Monterros drömköp – Delägarskap till ledningen var nyckeln till framgång

27 August 2015

För ett och ett halvt år sedan köpte investmentbolaget Monterro IT-företaget Lundalogik av Bisnode. Detta har visat sig vara deras överlägset bästa investering hittills.

Monterro invest in Palette

24 August 2015

Monterro 1 AB has finalised an investment in Palette Software & Consulting AB, a leading supplier of solutions for Purchase to Pay. The founders will remain as majority shareholders and will continue to be active in the company.

Reworld Media new principal owner of Tradedoubler

31 March 2015

Today Monterro TDB Intressenter AB completed the sale of 7 752 652 shares in Tradedoubler to Reworld Media S.A (http://www.reworldmedia.com/en/), a French company listed on Alternext Paris. 

Monterro acquires Grade and Mashie from InXL Innovation AB

21 January 2015

We are happy to welcome two new companies to our portfolio!

Monterro has reached an agreement to acquire 100% of the shares in Grade and Mashie. Monterro will in total own 82% of the both entities and management and board members will own 18%. The seller, InXL Innovation AB, is listed at First North. 

Grade (www.grade.com) is a provider of Learning Management System (“LMS”) and e-learning solutions to larger corporations and universities. Grade has offices in Lund (HQ) and Stockholm. 

Mashie (www.mashie.se) is a SaaS Software provider for industrial kitchens and food producers. Mashie, which was founded in 1993, has offices in Lund (HQ), Helsingborg and Stockholm.  

Axiomatics nominated for "Sweden technology fast 50"

13 October 2014

Our portfolio company, Axiomatics, has been nominated for 2014 ”Deloitte Sweden Technology Fast 50”, a competition for the fastest growing technology companies in Sweden. The competition is arranged by the accounting firm Deloitte. The award ceremony takes place at the Museum of Modern Art in Stockholm, November 7, 2014.

Monterro acquires leading CRM vendor – Purchases Lundalogik from Bisnode

16 January 2014

Monterro has reached an agreement to acquire Lundalogik AB, a leading Nordic supplier in the field of customer relationship management systems (CRM). The company will be acquired from Bisnode. The investment in Lundalogik is being made in partnership with the management at Lundalogik.

Monterro new principal owner of Tradedoubler – Acquiring 18.1 percent from SEB, Alecta and AP4

17 July 2013

Through holding company Monterro 1A AB, Monterro is becoming the largest shareholder in Nasdaq OMX-listed Tradedoubler by acquiring 18.1 percent of the company’s shares. The sellers are SEB Investment Management, Alecta and the Fourth Swedish National Pension Fund (AP4), who are divesting half of their respective holdings – totalling 7.8 million shares.

Leading independent authorization solution provider Axiomatics, secures $6.5 million funding

7 May 2013

The company, which is headquartered in Stockholm, Sweden, with offices in the US, has been competing with industry giants such as Oracle and IBM since start-up in 2006. Today, Axiomatics solutions are utilized by everything from Fortune 50 companies to national health authorities and universities.

News from our portfolio companies

Axiomatics

Read more on Axiomatics news page

Lundalogik

Read more on Lundalogiks press page

Mashie

Read more on Mashies news page

Grade

Read more on Grades news page

Palette

Read more on Palettes news page

Hypergene

Read more on Hypergenes news page

Outpost24

Read more on Outpost24s news page

Itello

Read more on Itellos news page