BaltCap-backed FCR Media-led consortium acquires Mono Solutions
BaltCap portfolio company FCR Media together with 1881 Group and heise acquire an established SaaS provider Mono Solutions to further develop the leading European website technology provider. The combined acquisition is the first project of three European publishers to meet the growing needs of SMEs in online marketing.
Mono Solutions is an established SaaS provider of highly scalable white-label website building technology for reseller partners. FCR Media, 1881 Group AS, the owner of Hjemmesidehuset AS, in Norway and heise in Germany hold equal shares. The acquisition is the first project by three European publishers to jointly purchase and further develop a European website technology provider. This alliance provides basis for sustainable growth for all partners and is a perfect pre-condition for meeting the growing needs of SMEs in the field of digital marketing.
Jon Martinsen, CEO of FCR Media group comments the deal: “We are convinced that together with 1881 Group and heise we can bring Mono Solutions to the next level and thus create a successful European website-technology provider for the EU market and, of course, also for international resellers from around the world. Especially in times when data protection is becoming more and more important, location and data processing in Europe will be a decisive argument for European companies for choosing a provider”.
Oliver Kullman, Partner at BaltCap says: “We are delighted that FCR Media has joined forces with such esteemed partners in this acquisition. FCR Media,1881 Group and heise combine proven expertise in scalable website-building technology alongside exceptional market reach and resources. I believe this joint venture creates the best conditions to support Mono Solutions in its further growth and to meet the growing needs of SMEs in online marketing”.
Mono Solutions was founded in 2007 in Copenhagen, Denmark. With more than 70 reseller partners and more than 250k subscriptions, the company is now ready for growth. Joining FCR Media, 1881 Group and Heise gives Mono Solution a head-start to further develop its product portfolio to become an ideal partner for SMEs in online-marketing. In return the three publishers will benefit from the smart tools and strategies of Mono Solutions to enhance their own offerings. Combined the three European publishers support 140.000 business clients and 500.000 private customers with a total revenue of €330 Mio with presence in 11 countries in Europe. More information about the company: https://www.monosolutions.com/
Additional Infromation:
Oliver Kullman
Robertas Petrauskas
robertas.petrauskas@baltcap.com