Monterro invests in Hypergene

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.

”Hypergene is changing the performance management market. The key is our web based products which are giving our customers completely new options. After 15 years of strong growth we are seeing tremendous opportunity looking forward. We will continue to develop our products together with our customers, enter into new markets, look at new partnerships and business models. To work with a partner like Monterro with the right experience and knowledge will increase the speed and momentum of our initiatives. We see great value in working with Monterro”, says Per Hidenius, CEO Hypergene.

”We have for a long time been impressed by Hypergene and all its employees. Hypergene has been very successful and taken a leading position in its niche. With strong products and services, the company fits very well with Monterro’s investment strategy. We are happy and proud over the opportunity to become main shareholder in a company with such exciting prospects. We are looking forward to contributing with our experience and knowledge on the journey ahead”, says Thomas Bill, Managing Partner, Monterro