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Outpost24 acquires wireless security pioneer Pwnie Express.

Outpost24 acquires wireless security pioneer Pwnie Express

Outpost24, an innovator in identifying and managing cyber exposure, today announced it has acquired Pwnie Express, the leading provider of threat detection for Bluetooth, wireless and IoT devices. Through the acquisition, Outpost24 extends its full stack assessment platform with wireless security assessment capabilities.

Fora – the first pension fund management organization with its core system in the cloud.

Fora – the first pension fund management organization with its core system in the cloud

In the fall of 2018 Fora chose Itello’s business system Inca as the new IT support for their operations and is now also choosing Itello Live as a delivery model. Fora sought an efficient and secure managed application solution for Inca that would make everyday operations smoother and easier. Ultimately, they chose Itello Live from Itello.

Sale of shares in Lime Technologies AB (publ) 29 August 2019

Sale of shares in Lime Technologies AB (publ)

Monterro 1 AB (“Monterro”) has sold 1,500,000 shares in Lime Technologies AB (publ) (“Lime”) through an accelerated bookbuilding to Swedish and international institutional investors at a price of SEK 110.00 per share (“the Placing”).

Monterro acquires Specops Software

Monterro acquires Specops Software

Stockholm based investment firm Monterro has become the majority owner of Specops Software. Specops Software and Monterro jointly see the acquisition as a great opportunity for accelerated expansion within the identity and access management industry.

Itello increases its investments in Norway and acquires Eikos AS.

Itello increases its investments in Norway and acquires Eikos AS

​Itello AB, a leading insurtech company in the Nordic region developing business systems and digital solutions for the life insurance and pensions industry, is acquiring Eikos AS, which provides services and systems solutions for the life insurance and pensions sector in Norway.

Mashie Foodtech Solutions and DKAB Service merge

Mashie Foodtech Solutions and DKAB Service merge

It is with great pleasure and pride that we announce the merger of Mashie FoodTech Solutions AB and DKAB Service AB. The move will strengthen our combined offer and enable us to support the entire meal production process in large-scale kitchens and restaurants.

Monterro closes its largest ever fund at SEK 2.5 billion

Monterro closes its largest ever fund at SEK 2.5 billion

Monterro has closed its third fund at SEK 2.5 billion – more than twice the value of its previous fund. The firm now manages SEK 4.3 billion, making it the largest investor in the Nordics with a focus on B2B software companies. In total, 30 percent of the managed capital comes from Monterro’s founders and employees.

Monterro invests in fast-growing cloud company Nordiska Entreprenadsystem

Monterro invests in fast-growing cloud company Nordiska Entreprenadsystem

Investment company Monterro invests in the fast-growing Linköping based cloud company Nordiska Entreprenadsystem and thereby becomes majority owner. Nordiska Entreprenadsystem develops and delivers the product NEXT, which is a fully cloud-based project and business management tool for construction, maintenance, and contractor business industries.

Lime Technologies AB listed on Nasdaq Stockholm

Lime Technologies AB listed on Nasdaq Stockholm

Lime Technologies AB (publ), one of the leading cloud CRM providers in the Nordic market, opened for trading on the Nasdaq Stockholm today. The shares are traded under the name “LIME” at the introductory price of SEK 72 per share, corresponding to a total value of SEK 900 million.

Mashie and FoodIt merge

Mashie and FoodIt merge

Mashie and FoodIt merge. The aim with the merger is to jointly develop the industry and the next generation business system for large scale kitchens and restaurants in the public and private sectors. We want to gather industry specialists and technical skills together to provide opportunities for succesful kitchens in Scandinavia.

Palette acquires cloud company Centsoft

Palette acquires cloud company Centsoft

​Palette Software, a market-leading vendor for financial process automation, has today announced the acquisition of software-as-a-service (SaaS) invoice automation specialist Centsoft.

Lime sharpens their offer with yet another acquisition

Lime sharpens their offer with yet another acquisition

The CRM company Lime (previously Lundalogik) is acquiring the company Sparta from a renowned group of owners, including Johan Attby, founder of Fishbrain, Jonathan Forster, Spotify’s former Head of European Market, and Martin Ingemansson, Facebook’s Head of Nordic market.

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We turn Nordic software companies into market leaders.

Monterro is a hands-on growth investor. Our mission is to turn Nordic B2B software companies into market leaders – by contributing our time, experience, know-how, and networks. And yes, we provide capital too. We are previous founders, entrepreneurs, and executives who now support our portfolio companies in all aspects of growth. And by investing our own capital, we are personally committed to our mutual success. Monterro is headquartered in Stockholm with offices in Oslo, Copenhagen, Munich, and our own software development centre in Hanoi. Learn more at monterro.com.

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