Monterro buys RegTech company Trapets

According to Swedish business daily Dagens Industri, the GP has reportedly acquired a 70% stake in the company, which has been valued at SEK 320m (€30.5m).

The report also noted that in 2019, Trapets generated turnover of SEK 56m (€5.3m).

Monterro, a Nordic PE house founded in 2012, has so far invested in 13 investments and 14 add-on investments.

The GP's most recent fund is Monterro 3, which held a final close in January 2019 on SEK 2.5bn, (€240m). The vehicle invests in Nordic B2B companies with turnover of SEK 25-250m. 

The deal will help Trapets expand faster and invest further in its product platform.

Company
Founded in 2000 and headquartered in Stockholm, Trapets provides regulatory tech solutions to the finance industry. Trapets is a provider of market surveillance, and money laundering detection services. Professional services range from assistance in implementing compliance monitoring and advanced analytics programs to fully outsourced trading surveillance. According to its LinkedIn profile, the company employs 11-50 staff. In 2019, it reported a turnover of €5.3m.

People
Monterro – Thomas Bill (managing partner).
Trapets – Dan Sjöholm (CEO).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Buyouts
• Nordics
• Technology
• Sweden
• Small-cap buyout