Not Disclosed | Hypergene (logo), a portfolio company of Monterro (logo), has agreed to be acquired by Thoma Bravo (logo)

William Blair acted as the exclusive financial advisor to Hypergene, a portfolio company of Monterro, on its pending sale to Thoma Bravo for an undisclosed amount. The transaction is expected to close in Q1 2024.

About the Companies

Hypergene is a SaaS company in the North European market for corporate performance management and project and portfolio management. The company helps streamline the customer´s budget and forecasting processes, follow up their operations using advanced analysis and reporting functionality, and work with strategic management in a manner that breaks down overall plans into goals, KPIs and activities throughout the organization. Hypergene is based in Malmö, Sweden, and employs over 200 people across eight offices in Sweden, Norway and Germany.

Monterro was founded in 2012 and is the leading B2B software investor in the Nordics. Its mission is to turn Nordic software companies into market leaders. With operational experience from successfully developing and running companies – such as Pointsec, Episerver, Orc Software, Lime, and Outpost24 – Monterro actively supports its portfolio companies in all aspects of growth. A substantial part (25%) of the fund’s capital comes from Monterro’s founders and employees. Monterro is based in Stockholm with offices in Oslo, Munich, and Hanoi.

Thoma Bravo is one of the largest software investors in the world, with approximately US$134 billion in assets under management as of September 30, 2023. Through its private equity, growth equity and credit strategies, the firm invests in growth-oriented, innovative companies operating in the software and technology sectors. Leveraging Thoma Bravo's deep sector expertise and strategic and operational capabilities, the firm collaborates with its portfolio companies to implement operating best practices and drive growth initiatives. Over the past 20 years, the firm has acquired or invested in more than 455 companies representing over US$255 billion in enterprise value (including control and non-control investments). The firm has offices in Chicago, London, Miami, New York and San Francisco.

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