- Verdane, the European specialist growth investor, has announced the appointment of new Partner Morten Weicher, a veteran of the software investment industry.
- Morten Weicher will be based in Verdane’s Copenhagen office and will support the firm in its investments in the structural themes of digitalisation and decarbonisation.
The appointment of Morten Weicher as Partner will help Verdane to maintain its position as a leading international software investor, building on its track record of more than 155 software investments since 2003.
Morten joins Verdane as a Partner based in its Copenhagen office after working in the finance and energy industries for more than 19 years. Morten helped create private equity firm GRO Capital from its beginning in 2014 after a previous career at Ørsted and Goldman Sachs. Morten has a Master of Science in Economics from the University of Copenhagen.
Morten will work out of Verdane’s Copenhagen office. This was established in 2017 and has nine professionals working with a current portfolio of 11 ambitious companies that help digitalise and decarbonise the economy.
Verdane has invested in 17 businesses in Denmark since 2003 including Jupiter Bach, NORNORM, Onomondo, and Polytech. Realisations in Denmark include Octoshape to Akamai Technologies (NASDAQ:AKAM) in 2015 and Scanmarket to Unit4 in 2022. Verdane’s portfolio in Denmark has created more than 1,500 jobs during the funds’ ownership and successful exits have created strong returns for Verdane fund investors.
Bjarne Kveim Lie, Co-Founder and Managing Partner at Verdane, commented: “At Verdane, we are on a continuous quest to be the preferred partner to ambitious companies seeking to digitise and decarbonise the European economy. As part of that, we believe it is crucial to combine deep thematic knowledge with on the ground local presence. We continue to see great opportunities in the vibrant Danish innovation economy and are delighted to welcome Morten to the Verdane team. His significant investment experience will allow us to continue partnering with leading software businesses across Europe, and his deep local networks will help ensure we find, execute, and be the best possible partner we can be to the right Danish investments across our focus areas of digitalisation and decarbonisation.”
Morten Weicher, Partner at Verdane, commented: “I’m thrilled to join the Verdane team in Copenhagen. Verdane’s flexible investment mandate, the scale of the platform and the software sub-sector specialisation made it an easy decision to join the team. There is great potential in helping the best software companies across Europe scale to the next level.”
About Verdane
Verdane is a specialist growth investment firm that partners with tech-enabled and sustainable European businesses. Verdane can invest as a minority or majority investor, either in single companies or through portfolios of companies, and looks to deploy inside two core growth themes; digitalisation and decarbonisation.
Verdane funds hold over €6 billion in total commitments and have made over 400 investments in fast-growing businesses since 2003. Verdane’s team of over 140 investment professionals and operating experts, based out of Berlin, Munich, Copenhagen, Helsinki, London, Oslo, and Stockholm, is dedicated to being the preferred growth partner to tech-enabled and sustainable businesses in Europe.
Verdane is also a certified B Corporation, the most ambitious sustainability accreditation globally. The firm only backs businesses that pass its 2040 test, which indicates whether the company can thrive in a more sustainable future economy.
Verdane is partly owned by the Verdane Foundation, which is focused on two areas: climate change and more equitable and inclusive local communities.
More info: www.verdane.com
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