Press release -
SaaS company Hub Planner accelerates its global expansion with software investor Monterro
Leading Nordic B2B software growth investor, Monterro, has acquired a majority share in Hub Planner, a Swedish SaaS company and global player in resource management.
Hub Planner, that offers a platform for resource management, scheduling, vacation planning and time reporting, has been acquired by software investor Monterro. With a solid, worldwide customer base, Hub Planner has been growing steadily with high profitability.
Its mission, with the help of Monterro, is to further scale and accelerate its global expansion.
Hub Planner looks to scale its international footprint further
Hub Planner is used by many well-known brands across the globe, including Pfizer, Mercedes, Publicis and Havas. The company has managed to establish a strong international footprint by offering a user-friendly and innovative product in a market where many businesses still use Excel sheets to manage their resources and schedules. Hub Planner allows businesses to quickly get a birds eye view of their resource management and team, which saves both time and money.
- “Monterro is exactly the type of investor I’ve been looking for.” says Stephen Martin, founder and CEO of Hub Planner. ”They don’t just offer their capital, but also their extensive software business experience. That is what makes Monterro attractive and it gives us the extended platform we need to scale our business. I feel very confident in my choice of Monterro and partnership as we take the next step in our growth journey.”
- “We are very impressed by Hub Planner, its product and what they have achieved over the past 10 years in the global resource management space.” says Erik Syrén, Managing Director at Monterro and future Chairman of the board at Hub Planner. ”Despite limited resources, they have managed to attract many large, global customers. We see a great potential for them to scale up their business and further expand internationally. We look forward to doing this together.”
Monterro brings hands-on approach to growth partnership
Monterro is a hands-on owner that offers both strategic and operation support to its portfolio companies. The people have extensive experience building and developing B2B software companies and are very familiar with the challenges that arise across all phases of a growth process.
- “We help with everything from product development, lead generation, sales efficiency and customer success, to pricing and internationalisation,” says Syrén. “We have a tool box and focus that makes us unique. We also work closely with our portfolio companies - it’s a partnership. Hub Planner fits us perfectly and we’re delighted to support them on their journey ahead.”
Monterro has acquired a majority stake in the company. The founder and CEO of Hub Planner, Stephen Martin, will continue to have a significant stake in the company.
For more information, please contact:
Erik Syrén, Managing Director of Monterro and future Chairman of the board of Hub Planner, mobile: +46 70 738 50 72, mail: erik.syren@monterro.com
Stephen Martin, founder and CEO of Hub Planner, mobile: +46 705 550 961,
mail: stephen.martin@hubplanner.com
About Hub Planner
Hub Planner is a resource management SaaS based solution with a sharp focus on resource scheduling, vacation and time off planning as well as timesheets. We help companies get a clearer picture of their resource allocation as well as utilization making it easier for companies to plan their teams effectively and efficiently. Hubplanner.com
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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, Lime Technologies and Outpost24 – 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 25% of capital coming from our founders and employees.