Tenzing, a European mid-market tech investor, announced today that it had hired Magnus Gottås to find and invest in the best tech-enabled businesses in the Nordics.
Magnus has spent 15 years backing growth companies in the region and has a passion for helping businesses reach their full potential. He will play a vital role in shaping Tenzing’s Northern European go-to-market strategy, feeding local knowledge into the firm’s London HQ to build a unique proposition for business owners.
Tenzing is currently investing from its second, €480m fund and will continue its strategy of finding the best UK and Northern European, high-growth, tech-enabled businesses and fuelling their growth with investment and support from the best and most ambitious entrepreneurial minds.
With this step in Tenzing’s Nordic expansion, entrepreneurs will benefit from the expertise of an investor on the ground, as well as being able to opt-in to the full support of Tenzing’s entrepreneur-led Growth Team. The firm’s value creation engine is unique, fuelled by a consultant-free zone of practitioners and specialists. With Tenzing as its investment partner, portfolio companies can call on dedicated Acquisitions Directors, five of the tech world’s top PE-backed entrepreneurs, hands-on domain experts, and Sherpas, who work directly alongside CEOs to implement and execute projects to help accelerate growth.
Magnus commented: “Tenzing’s niche sector focus really stands out in a Nordic context, and its own growth targets inspired me. I share the firm’s view on what to invest in and how to grow our portfolio companies. After many years in the space, I’ve seen first-hand how many Nordic businesses can benefit from an international owner that helps enable international growth and scale. Tenzing offers management teams the perfect tools for this by way of its Entrepreneurs Panel, Acquisitions Directors and Sherpas.”
Christian Hamilton, Co-Founder and Managing Partner of Tenzing, commented: “We’ve seen a lot of potential in the Nordics since supporting The Ticketer Group with the acquisition of Fara. Having someone on the ground, combined with local knowledge of the market, is really going to accelerate how we can support the region’s most ambitious entrepreneurs. We’re excited to use all the resources within our Growth Team to provide a springboard for companies ready for their next stage of growth.”