Monterro acquires Grade and Mashie from InXL Innovation AB
We are happy to welcome two new companies to our portfolio! Monterro has reached an agreement to acquire 100% of the shares in Grade and Mashie.
We are happy to welcome two new companies to our portfolio! Monterro has reached an agreement to acquire 100% of the shares in Grade and Mashie.
Monterro has reached an agreement to acquire Lundalogik AB, a leading Nordic supplier in the field of customer relationship management systems (CRM).
Through holding company Monterro 1A AB, Monterro is becoming the largest shareholder in Nasdaq OMX-listed Tradedoubler by acquiring 18.1 percent of the company’s shares.
The company, which is headquartered in Stockholm, Sweden, with offices in the US, has been competing with industry giants such as Oracle and IBM since start-up in 2006. Today, Axiomatics solutions are utilized by everything from Fortune 50 companies to national health authorities and universities.
The funding will be led by Swedish technology investment firm Monterro, a Stockholm based investme