Hypergene was acquired by Monterro

Hypergene, a Malmö, Sweden-based software company, announced entering into an agreement for selling 60% of its shares to teh Swedish private investment company Monterro.

The deal, which has the financial details undisclosed, was made with Moterro's fund, Monterro 2.

Hypergene, led by CEO Per Hidenius, develops and delivers a web- based planning, monitoring and analysis product. It includes solutions for three distinctive segments, Performance Management, Budget/Forecast and Analytics and Reporting. Hypergene’s customers are public organizations and private companies mainly in Sweden.

Hypergene’s client base includes Viking Line, Kungsleden, the City of Gothenburg, SSAB, TV4, Stockholm County Council, Sveaskog, Svenska Spel and over 50 of the country’s municipalities.