SaaS & Technology

Viedoc

November 2019

BUYER

Monterro, founded in 2012, is a Swedish growth investor targeting B2B software companies in the Nordic region. Monterro has completed 12 investments, as well as 13 add-on investments, and is currently managing three funds with a combined value of SEK 4.3 billion.

TARGET

PCG Solutions provides a cloud-based software platform, Viedoc, which is used within the highly regulated clinical trials industry, focusing on electronic data capturing (“EDC”) and electronic patient reported outcome (“ePro”). The company has since foundation 2003 established a global presence with c. 150 customers in over 75 countries. Viedoc has c. 35 employees and operates from the HQ in Uppsala and from two satellite offices in Tokyo and Shanghai.

SELLER

The company's founders and employees, who will remain as shareholders.

TRANSACTION

Structured auction process