Press release -
Monterro divests minority in Lime
– 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 of 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.
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.
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.
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Monterro is the leading B2B software investor in the Nordics, with a mission to turn Nordic software companies into market leaders and global players within their niches. Our team has successfully developed and led companies such as Pointsec, Episerver and Orc Software – and we bring this operational experience to the Monterro portfolio, supporting the companies in all aspects of growth. We also bring significant financial commitment to our partnerships, with 30% of capital coming from our partners and employees.
