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Monterro acquires majority stake in Pihr to expand internationally

Jul 03, 2024•about 1 year ago

Acquiring Company

Monterro

Acquired Company

Monterro

StockholmStockholmSoftwareSoftware

Description

Monterro, the Nordic region's leading B2B software growth investor, has acquired a majority stake in the Swedish SaaS company Pihr. This acquisition enables Pihr to accelerate its growth journey in Europe, a market with high growth potential as the implementation of the EU's new pay transparency directive imposes increased requirements on companies to ensure full pay transparency and equity.

Company Information

Company

Monterro

Location

Stockholm, Stockholm County, Sweden

About

Monterro is a hands-on growth investor. Our mission is to turn Nordic B2B software companies into market leaders – by contributing our time, experience, know-how, and networks. And yes, we provide capital too. We are previous founders, entrepreneurs, and executives who now support our portfolio companies in all aspects of growth. And by investing our own capital, we are personally committed to our mutual success. Monterro is headquartered in Stockholm with offices in Oslo, Copenhagen, Munich, and our own software development centre in Hanoi.

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M&A Insights

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Integration timeline
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Tech stack consolidation
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Post-acquisition investment
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