Press release from Bisnode
Bisnode to sell Lundalogik
The business information company Bisnode is selling Lundalogik, a Nordic supplier of CRM systems. Lundalogik’s operations are focused on developing and supporting software for CRM systems and the buyer is the investment organisation Monterro. The sale is part of Bisnode’s effort to streamline its business as a supplier of decision support tools based on credit, market and business information.
Lundalogik was founded in 1990 and currently has about 100 employees who together form one of the Nordic region’s largest suppliers of CRM solutions. The company’s operations are focused on developing and supporting CRM systems in the product portfolio LIME that help companies to manage their customer relationships in an efficient manner. Lundalogik has its head office in Lund and branch offices in Stockholm, Gothenburg, Oslo and Helsinki.
“Lundalogik is a successful company in an expansive phase with an exclusive focus on software development. At Bisnode we want to focus on our core business in high quality decision support information, and the sale is therefore an opportunity for both Lundalogik and Bisnode to concentrate on our core areas and the things we do best,” says Björn-Erik Karlsson, Regional Director Nordic.
Lundalogik has annual revenue of approximately SEK 100 million. The sale is expected to be completed at the beginning of February and will not affect the Bisnode Group’s earnings significantly.