Setterwalls has advised Monterro in connection with AMF and Skandia’s minority investments in Lumera through acquisition of shares

Setterwalls has advised Monterro in connection with AMF and Skandia’s minority investments in Lumera, an insuretech company that develops and provides system solutions for the life- and pension industry.

Lumera is an insuretech company whose business concept is to provide a safe and continuous digital transformation for the life- and pension industry, being one of the most complex and highly regulated industry in the world.

Monterro is the leading B2B software investor in the Nordics, with a mission to turn Nordic software companies into market leaders and global players within their niches.

Monterro has been the majority shareholder of the company since 2017 and remains so after the investments by AMF and Skandia. In connection with the transaction, Monterro reinvested in Lumera through its fund M4.