Monterro divests minority in Lime

16 March 2018


Monterro divests a minority stake in Lime Technologies

Monterro 1 AB (”Monterro”) broadens the shareholder base in Lime Technologies AB (former Lundalogik) by divesting a minority stake to Swedbank Robur Microcap and Grenspecialisten.

 - It is exciting to welcome such renowned institutional investors as owners of Lime Technologies. We look forward to continuing the development of the company together with the new owners, says Peter Larsson, Managing Partner, Monterro, and Chairman of the Board ofe Technologies’ strong performance has attracted such prominent investors. We believe their support will contribute to further growing the company, says Erik Syrén, CEO Lime Technologies.

- Lime Technologies has a high share of recurring revenues and a strong company culture. This provides a solid foundation for continued expansion in a world where software becomes more important. During recent years, Sweden has become a strong region developing successful software companies, and we hope our investment will contribute to strengthen a local SaaS cluster, where prominent entrepreneurs chose to build global software companies from a Swedish base, says Carl Armfelt and Erik Sprinchorn, Managers Swedbank Robur.

Further information, please contact:

Peter Larsson, Monterro, +46(0)8-20 05 56

 
About Monterro
Monterro is the market leader in developing Nordic software companies by providing capital as well as operational and strategic support. The Monterro team has extensive experience successfully developing and leading software companies. Monterro invests in Nordic technology companies that have moved past venture stage, with proven products and potential to become market leaders. www.monterro.se

 

About Lime Technologies
Lime helps companies around the Nordics to become better at customer care. The company develops and sells digital products for ”Customer Relationship Management”, developing and managing of customer relations. Lime was founded in 1990, has 215 employees and has a turnover of a quarter of a billion SEK. The company has offices in Lund, Stockholm, Gothenburg, Oslo, Copenhagen and Helsinki. The customers include everything from sole traders to large organizations. www.lime-technologies.com