Press release | 7 June 2016
Monterro closes new SEK 1.2 billion fund
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.
“We are grateful for the support we have received from our existing investor base and we also welcome a limited number of new investors. Since the inception of Monterro we have been fortunate to be involved with a number of great Nordics software companies and supported their growth and international expansion. We now look forward to continuing with the same strategy in Monterro 2”, says Thomas Bill, Managing Partner at Monterro.
About Monterro
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, and our own software development centre in Hanoi. Learn more at monterro.com.
