Monterro sells 10% of Lime Technologies to Swedbank Robur and Martin Gren.

CRM
Sweden 16 March 2018
Share:

Lime Technologies, a Lund, Sweden-based provider of a Customer Relationship Management (CRM) solution, announced that it added two more investors in the company - Swedbank Robur and angel investor Martin Gren (through Grenspecialisten)

The deal was made for 10% of the company purchased from majority owner, Monterro, which had acquired 70% of the company from Bisnode in 2014. Lime announced its intentions of floating its shares publicly on Sweden's Nasdaq later in 2018.

Lime Technologies, founded in 1990 as Lundalogik and led by CEO Erik Syrén, developed CRM solutions used by over 50,000 users throughout the Nordic region. The company, headquartered in Lund and with offices in Stockholm, Gothenburg, Oslo and Helsinki, offers four products: Lime CRM, Lime Easy, Lime Go and Lime Fields.

In 2017, Lime Technologies expects a 20% yoy revenue increase, from SEK 160M ($19.5M) in 2016.

Total investments received (USD): N/A

Related deals

Top