Monterro

Monterro is a Sweden-based private equity firm established in 2012, specializing in investments in Nordic software companies. The firm focuses on providing financial support and actively fostering the growth of its portfolio companies. Its team is led by three managing partners—Thomas Bill, Lars Sveder, and Peter Larsson—who bring significant expertise in the software industry. Monterro aims to leverage this experience to enhance the development of technology companies within the Nordic region.

Thomas Bill

Co-Founder and Managing Partner

Pauline Daremark

Operations

Fabian Folcker

Investment Manager and Partner

Per Ivansson

CTO

David Kuritzén

Investment Manager

Gustav Lagercrantz

Managing Partner

Peter Larsson

Co-Founder and Managing Partner

Madelene Magnusson

Team Assistant and Partner

Adam Prinselaar

Investment Associate and Partner

Johan Redtzer

Talent Manager

Krister Skoog

General Counsel, Chief Executive Officer and Partner

Lars Sveder

Co-Founder and Managing Partner

Anja Wik

CFO

20 past transactions

Palette Software

Acquisition in 2015
The AP process affects many roles in an organization. Procedures are complex and unique to every industry. AP software has to be flexible enough to handle all the variables, be intuitive for users, and provide seamless integration. With feedback from over 3,500 clients and over 200,000 users worldwide, we have fine-tuned a solution that delivers flexibility, transparency and accountability to all the roles the AP process touches in an organization.

Umbraco

Acquisition in 2021
Umbraco - the simple, flexible and friendly ASP.NET CMS. For the first time on the Microsoft platform a free user and developer friendly CMS that makes it quick and easy to create websites - or a breeze to build complex web applications. Umbraco has award-winning integration capabilities and supports your ASP.NET User and Custom Controls out of the box. It's a developers dream and your users will love it too. Used by more than 60,000 active websites including Heinz.com, Peugeot.com, NAIAS.com and Microsoft's documentinteropinitiative.org, you can be sure that the technology is proven, stable and scales.

TimeEdit

Acquisition in 2020
TimeEdit AB develops and offers resources planning, scheduling, and managing software. It offers planning and preferences management, publishing and reservations, and analytics and reporting. The company was incorporated in 1999 and is based in Gothenburg, Sweden.

Axiomatics

Venture Round in 2013
Axiomatics is the leading independent supplier of attribute based access control (ABAC) solutions. With a global customer base within healthcare, finance, manufacturing, insurance and the public sector the company offers proven authorization solutions that can be tailored to meet the demands of virtually any organization. The company, which is headquartered in Stockholm, Sweden and has offices in the US, has been a driving force behind standardized access control through its suite of XACML 3.0-based products. These are utilized by everything from Fortune 50 companies, national health authorities to universities, to securely share information across and/or within borders and boundaries, while complying with complex and ever-evolving regulations. By implementing these standardized solutions Axiomatics customers can also reduce IT development costs and time-to-market. The Axiomatics product suite includes the Axiomatics Policy Server, (APS) the Axiomatics Policy Auditor (APA) and the Axiomatics Reverse Query (ARQ) among others. The company also provides professional services within access control and its CTO has editorial responsibilities within the OASIS XACML Technical Committee. Axiomatics also provides security solutions for big data and cloud. Its solutions enable dynamic data masking and dynamic data filtering for a wide range of databases. Axiomatics solutions can be used to implement security controls such as Export Control legislation, privacy, GDPR, toxic combinations, and conflicts of interest policies.

Grade AB and Mashie AB

Merger/Acquisition in 2015
Grade AB and Mashie AB represents the combined operations of Grade AB and Mashie AB in their sale to Monterro 1 AB. Grade AB develops and offers e-learning solutions, training, survey tools, and consulting services. Mashie AB develops and offers a management system for restaurants and companies active within food services. The companies are based in Sweden.

Trapets

Merger/Acquisition in 2020
Trapets AB develops and offers anti money laundering (AML), KYC screening, and trade surveillance solutions. It offers solutions, such as InstantWatch Market for securities trading market surveillance and detection of market abuse and insider trading, InstantWatch CDD for onboarding new clients and ongoing due diligence. Outsourced Trading Surveillance, InstantWatch Real Time Risk for AML/fraud risk calculation in real time of clients and accounts, InstantWatch AML for surveillance against money laundering and terrorist financing, InstantWatch KYC screening, InstantWatch fraud, and InstantWatch business intelligence. Trapets AB was founded in 2000 and is based in Stockholm, Sweden with an additional office in London, United Kingdom.

Outpost24

Acquisition in 2016
Outpost24 is a vulnerability management company providing best-in-class solutions to help users identify and mitigate weaknesses in their network. Outpost24 offers real-time vulnerability alerts and solution-based reports that facilitate the instant recognition of imminent threats. With more than 40 locations worldwide, Outpost24 collectively scans over 400 million IP addresses weekly and detects more than 12 thousand vulnerabilities on a daily basis. More than 2000 companies around the world trust Outpost24 to protect their internal and external network security; from government entities, to financial institutions; and from global retailers to telecommunication providers.

Viedoc

Merger/Acquisition in 2019
Viedoc is an Electronic Data Capture (EDC) application service provider for clinical trials and post-marketing surveillance (PMS). Viedoc changes the way you conduct clinical trials. It is an EDC system that is powerful and easy to learn. It has been used in over 1200 trials in more than 70 countries in all therapeutic areas and clinical phases since 2003.

Specops Software

Acquisition in 2019
Specops Software AB develops password management and security software solutions. The company offers software solutions and tools, including Specops uReset and Specops Gpupdate for passwords reset, key recovery, authentication, automation of operation software (OS) deployment, and firewall and freeware deployment. It also offers Specops active directory janitor, a network search and cleanup tool. The company was founded in 2001 and is headquartered in Stockholm, Sweden. It has additional offices in Philadelphia, Pennsylvania; Toronto, Canada, and Nottingham, United Kingdom.

Grade

Acquisition in 2015
Grade AB offers e-learning solutions, training, survey tools, and consulting services. The company is based in Stockholm, Sweden.

Lundalogik

Acquisition in 2014
At Lundalogik we love CRM! Since the beginning of the 90’s we have helped companies to reach better results with the help of easy-to-use CRM solutions. Today Lundalogik are over a hundred colleagues and one of the largest CRM suppliers in the Nordic countries. We are a part of the Bisnode Group. We really are a true Nordic CRM-expert with offices in Sweden, Norway and Finland. Our employees combine more than 380 years of CRM-expertise.

Viedoc

Acquisition in 2019
Viedoc is an Electronic Data Capture (EDC) application service provider for clinical trials and post-marketing surveillance (PMS). Viedoc changes the way you conduct clinical trials. It is an EDC system that is powerful and easy to learn. It has been used in over 1200 trials in more than 70 countries in all therapeutic areas and clinical phases since 2003.

MaintMaster Systems

Acquisition in 2020
MaintMaster Systems AB develops and markets computerized maintenance management system (CMMS) to organize, plan, unify, and streamline the workflow. The system is used to maximize assets, minimize downtime, control costs, and streamline maintenance work. The company also offers mobile CMMS application that allows user to record information on real time. In addition, it offers integration service that integrates existing systems, such as accounts, stockroom, supplier, and purchasing. The company was formerly known as Aretics AB. MaintMaster Systems AB was founded in 1995 and is based in Linköping, Sweden.

Itello

Acquisition in 2017
Itello - specialist within pension, insurance, and fund administration for the Nordic countries. Using our broad industry knowledge and expertise in system development, Itello builds new generation software solutions for the pension, insurance, and fund industry. Itello's solutions for pensions, insurance, and fund administration are modern, platform independent, and standard. Inca - for policy administration Business Logic Integrator for integration of policy schemes from brokers etc EQS for automated health declarations and risk assement.

Trapets

Acquisition in 2020
Trapets AB develops and offers anti money laundering (AML), KYC screening, and trade surveillance solutions. It offers solutions, such as InstantWatch Market for securities trading market surveillance and detection of market abuse and insider trading, InstantWatch CDD for onboarding new clients and ongoing due diligence. Outsourced Trading Surveillance, InstantWatch Real Time Risk for AML/fraud risk calculation in real time of clients and accounts, InstantWatch AML for surveillance against money laundering and terrorist financing, InstantWatch KYC screening, InstantWatch fraud, and InstantWatch business intelligence. Trapets AB was founded in 2000 and is based in Stockholm, Sweden with an additional office in London, United Kingdom.

TimeEdit

Merger/Acquisition in 2020
TimeEdit AB develops and offers resources planning, scheduling, and managing software. It offers planning and preferences management, publishing and reservations, and analytics and reporting. The company was incorporated in 1999 and is based in Gothenburg, Sweden.

Hypergene

Acquisition in 2016
Hypergene provides a web-based performance management solution. With their help, organizations can more effectively work towards defined goals and achieve a new, higher level of performance. The key is a product consisting of three interacting and user-friendly modules: Performance Management, Budgeting & Forecasting and Monitoring & Analysis.

Mashie

Acquisition in 2015
Mashie is an entirely Internet-based business system for professional handling of meal production in restaurants and large-scale households. We take care of operation, maintenance and further development, and you log in easily via the Internet - no matter where you are and with your computer, reading pad or mobile phone. No installations! Mashie always strives to be in the forefront of user friendliness, availability, quality and customer benefit. Always listening to users is a matter of course in product development.

Specops Software

Merger/Acquisition in 2019
Specops Software AB develops password management and security software solutions. The company offers software solutions and tools, including Specops uReset and Specops Gpupdate for passwords reset, key recovery, authentication, automation of operation software (OS) deployment, and firewall and freeware deployment. It also offers Specops active directory janitor, a network search and cleanup tool. The company was founded in 2001 and is headquartered in Stockholm, Sweden. It has additional offices in Philadelphia, Pennsylvania; Toronto, Canada, and Nottingham, United Kingdom.

MaintMaster Systems

Merger/Acquisition in 2020
MaintMaster Systems AB develops and markets computerized maintenance management system (CMMS) to organize, plan, unify, and streamline the workflow. The system is used to maximize assets, minimize downtime, control costs, and streamline maintenance work. The company also offers mobile CMMS application that allows user to record information on real time. In addition, it offers integration service that integrates existing systems, such as accounts, stockroom, supplier, and purchasing. The company was formerly known as Aretics AB. MaintMaster Systems AB was founded in 1995 and is based in Linköping, Sweden.