Case:
Synsam Nordic
During Nalkas management, Synsam grew from a voluntary membership organization to the leading Nordic optic chain.
- Year of Entry: 2007
- Year of Exit: 2014
- Revenue 2013: SEK 2.3 Billion
Our Business
We are a committed investor and develop our companies by supporting them in building permanent value. We focus on small- and medium sized private companies in the Nordic region where we can be an active owner.
16
Committed and experienced employees work at Nalka today
11
Nordic companies from a wide range of industries grow in our portfolio
5k
Employees work together every day to strengthen our portfolio companies
Our Investment Philosophy
As a committed owner, Nalka relies on its ability to support and develop companies and their strategies in order to strengthen their competitiveness and to create permanent value.
A Committed Owner
On paper, we are owners. In practice, we are first and foremost your partner. Together we build independent, competitive and profitable companies in the long-term.
Commitment
Business development is a team sport and we do not only want to be spectators. Our role is shaped by the specific needs of each company, but always active. We support our companies in both operational and strategic issues by providing capital and expertise in order to achieve our common goals.
Competitiveness
The goal is always a stronger company that we build together. We achieve this by implementing initiatives to strengthen the company's profitability and cash flows, as well as by creating a structure and long-term perspective in the company's strategy and vision.
Together
We define and execute initiatives to continuously strengthen the company's competitiveness. Often during a period of 5 to 10 years, but sometimes for shorter or longer periods of time. We work together as long as we are the right partner given the company's situation and future development expectations.
Investment Strategy
We invest to support companies in their development, as opposed to only watching them develop. As the main owner or partner, there should always be a clear opportunity for us to actively contribute to the company’s development.
Our origin, operational understanding and long-term capital make us an attractive owner in many situations – not least in family-owned companies.
Responsibility and long-term perspective
Nalka has a responsibility, not only towards our co-workers and portfolio companies, but also towards customers, suppliers, business partners and society at large. We are convinced that responsibility, long-term perspective and profitability go hand in hand.
Our investments are evaluated on financial and commercial criteria as well as environmental and social factors, governance and business ethical perspectives and values.
The Nalka ESG process covers the full investment cycle, from initial due diligence and acquisition, the ongoing management of portfolio companies and in the end – the divestment of a business.
The most important ESG work is done by our portfolio companies and Nalka’s ambition is to always be an active and demanding partner in all our investments.
Investment Criteria
You Let us Play a Part
Majority owner and minority owner are two titles that we are equally comfortable with. We are satisfied as long as our role gives us the opportunity to contribute as a committed owner.
You Value Financial Security
As a financially strong owner, we look for a balance between equity and external bank financing that is sustainable in the long-term.
You Have a Long-Term Approach
A long-term approach to the development of companies, but the ownership period can always be adapted to each company’s specific situation and needs.
You Share our Values
We are not looking for companies in any specific industries. We look for companies where co-owners, management teams and other stakeholders share our values and ethical guidelines.
We Invest in the Nordic Region
We want to give each of our portfolio companies the resources and expertise it requires. Since our office is located in Stockholm, we mainly invest in Nordic companies. Nevertheless, we like our companies to have an established presence outside of the Nordics or a potential to grow beyond their existing markets.
Investment Strategy: Mid Cap
- Nordic-based companies with an established market position in or outside of the Nordics.
- Strong growth potential in or outside of the Nordics.
- Led by experienced management teams.
- Have an EBITA of SEK 100-300m, strong cashflow generation and dividend yield potential.
Investment Strategy: Small Cap
- Nordic companies with a strong service-/product offering.
- Clearly identified growth opportunities.
- Often dependent on one or a few individuals.
- Profitable companies with an EBITA of SEK 50-100m, that are unable to self-finance an accelerated expansion.
Curious About our Origin?
Discover our Heritage