Monstar Lab buys and further invests in Nodes, a Danish development company of mobile apps.

Monstar Lab, an Asian leader within digital product development, announecd the acquisition of the majority of the shares and a follow up with a significant investment for immediate growth in leading app agency Nodes.

The aim of the acquisition is to utilise lead positions in their home markets to move further into Europe on an ambitious growth journey. Nodes have clients such as Abellio, Hiscox and Weatherbys and a range of international clients primarily in Scandinavia.

The investment is part of the overall vision of Monstar Lab to build a leading global digital product development agency.

Nodes was founded in 2008 by Daniel Højris Bæk and Andreas Green Rasmussen and has since then been in the lead within the British app industry. The company has grown into 80 people with offices in London, Copenhagen and Aarhus and now the plan is to use Nodes as a vessel to grow into more European countries. The ambition of entering new markets is not new to the management team at Nodes. As one of few european agencies, Nodes has managed to successfully enter and develop a leading position in highly competitive markets.

The acquisition of Nodes by Monstar Lab officially took place on the 7th of August. The existing management group at Nodes will all stay in the same positions in the new ownership.