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Preserving SME legacies through technology and a Nordic-inspired acquisition model
June 23, 2025
“Our benchmark has always been Danaher and other leading serial acquirers in the U.S. and Europe, such as Lifco, Indutrade, and Halma.”
February 5, 2025
"we designed our own value-creation playbook called NGTG Growth Program or “NGP” after the renowned Danaher Business System"
“The Swedish model addresses the shortcomings of the conventional private equity model in Japan”
January 9, 2025
“I really liked the serial acquirer model and quickly realised there weren’t any Australian-based serial acquirers. So, I set up ‘The PieLAB Council Capital Fund’ as an Australian focussed serial acquirer."
“A lean, mean, focused machine!”
"we had a German firm where the CEO was 65 years old. He had always had a 10% profit margin. And then suddenly, his margin began to rise. I got suspicious..."
“The compounder model we are running is that neither organic growth nor our acquisitions should dilute our current shareholders. We have never diluted our shareholders in our 115 years of operations.”
“We are the only Swedish-style serial acquirer on the Helsinki stock exchange.”
”Having permanent capital changes your mindset from the classic PE five to seven-year holding period. We strive to fix things on a fundamental level.”
"We created a lot of economic value from our programmatic acquisitions, and I could have spent even more time on that function since that was a high-leverage and high-impact activity."
Will Thorndike, author of The Outsiders and very much one in his own right, has launched a podcast. Anyone remotely interested in investing should check it out.
Fredrik Karlsson, of Lifco fame, shares business lessons and Röko's story. And his partner Tomas Billing, former CEO of Nordstjernan, makes an appearance.
"That gets us to a place where we acquire firms without putting down equity or very little."
Weathering the financial crisis, building a robust acquisition platform, ultra-running & more! "Selling entrepreneurs stay on because it is fun, not because they must."