Management Buy-Out in Railmonitor ApS

Railmonitor’s CEO acknowledges that “the very early investment by Borean Innovation in 2015 has provided the necessary means of growing Railmonitor into a business ready to scale. Also, the business development and legal advice from Borean has been a great advantage.” Portfolio Manager Peter Ladefoged has enjoyed collaborating with Thorvald and the team: “Thorvald is a seasoned CEO and has been building business for himself and his customers for decades. The Railmonitor team is very self-contained, now leaving Borean with a limited role in growing the business. Hence, the timing for Borean to exit is optimal. It has been a pleasure to collaborate with the team and I am looking forward to watch them scale the business of making rail-based travelling more secure and reliable”.

About Railmonitor ApS

Founded in 2015 with the ambition to enable operators to increase operational efficiency with strategic use of sensor technology. Unplanned downtime in vital railway sections can cause extensive economic damage, and this is the basis for all of our solutions. Our mission is to increase railroad uptime by supporting smarter decisions. Our solutions have the ability to automatically identify patterns and detect anomalies in the data that smart sensors and devices generate. By using analytics to predict infrastructural failure ahead of time can mitigate the damaging economics of unplanned downtime. The Railmonitor team are experts in IoT technology and with our in-house software development team, we are dedicated to supporting our clients in the process of increasing operational efficiency with the help of advanced technology transformed into a user-friendly decision tool.