Monterro purchases the software company Lundalogik AB. Lundalogik is one of the leading suppliers of CRM and sales support in the Nordic’s. The company is acquired from Bisnode. The investment is made in partnership with the management team at Lundalogik.
Lundalogik has shown high growth since the beginning. The 2013 turnover is approx. SEK 100 million with a profit of around SEK 20 million.
– As a leading CRM supplier in the Nordic region, we have the opportunity to grow on an expanding market. Monterro has the ability to help us expand further thanks to their experience from software companies, says Erik Syrén, CEO at Lundalogik.
Monterro is the majority shareholder in this new constellation where the management of Lundalogik also have a significant ownership.
– We strongly believe in our business model and our future. It was not a difficult decision to invest in Lundalogik when the opportunity was given. We are very excited to become partners with Monterro, says Erik Syrén.
– We look forward to an exciting journey together with Lundalogik. The company is very well-managed, profitable and has great potential. We are impressed by the co-workers and the corporate culture, says Thomas Bill, Managing Partner of Monterro.
For more information, please contact:
Thomas Bill, Managing Partner, Monterro
Tel: +46 8 20 05 56
Erik Syrén, Managing Director, Lundalogik
Tel: +46 46 270 48 23
Press photos: https://www.lundalogik.com/about-us/press/photos/
Monterro 1 invests in Nordic software companies by providing financing and active support in the development of the companies. The three managing partners at Monterro – Thomas Bill, Lars Sveder and Peter Larsson – all have extensive experience from developing software companies. Monterro 1, which consists of capital from the founders and private individuals, was founded in 2012. Read more at www.monterro.se
Lundalogik was founded in 1990 in Lund, Sweden, and is one of the leading CRM vendors in the Nordics, with a focus on customer care and sales support. Today, Lundalogik has 120 employees located in Gothenburg, Stockholm, Helsinki, Oslo with the headquarters in Lund. Over the last 10 years, Lundalogik has yearly had an average growth of 18 percent year. Read more at www.lundalogik.com