Monterro opens Munich office

Stefan Lehotkay is to join the team and will head the Munich office, according to a statement.

Monterro hopes the office opening will enable its portfolio companies to accelerate their expansion in Europe, offering operational support on a local level and identifying potential add-on acquisitions.

Monterro is currently deploying equity via Monterro 3, which held a final close in January 2019 on SEK 2.5bn. The fund focuses on Nordic B2B software companies, and its recent investments include computerised maintenance management platform MaintMaster.

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