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.
15

Committed and experienced employees work at Nalka today

12

Nordic companies from a wide range of industries grow in our portfolio

2.6k

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.

Nalka has been a stable owner with a long-term perspective as well as a dedicated partner to management in the transactions and acquisitions we have made on our Nordic journey.
Joakim Forsell, CEO, Synsam Nordic
The collaboration between Hööks and Nalka works very well. Nalka is represented by a skilled and experienced team of individuals and their competence and network is of great value to Hööks.
Joachim Höök, CEO Hööks
Working together with a strong financial owner is reassuring in many ways. Nalka has a great understanding of family-owned companies. At the same time, they continue challenging us to drive growth.
Christian Forsberg, Forsbergs Fritidscenter
The partnership with Nalka has been a great success in terms of our own development. They are a strong partner that is always committed and ready to support us where needed.
Leif Ryd, Ryds Bilglas
The collaboration with Nalka focussed on long-term value creation, always making sure to uphold and preserve our core values.
John Thomas, CEO EET Europarts
Nalka’s creativity, competence and professionalism was essential for the project to succeed. The end result was highly satisfying for all parties and the partnership was successful in all regards.
Niklas Lindgren, Chairman of Synsam Sweden, Co-Owner of Synsam Nordic As well as former Store Owner

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

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.

Trophy

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.

Heart

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.

 

Investment Criteria

You Let us Play a Part

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

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

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

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.

See our Investments

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 30-100m, that are unable to self-finance an accelerated expansion.
Curious About our Origin?
Discover our Heritage

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

Case:
EET Europarts

Through a focused growth strategy, EET Europarts went from primarily working in the Nordics, to a leading European distributor of IT security.
  • Year of Entry: 2010
  • Turnover (2009): DKK 870m
  • Turnover (2014): DKK 1750m

Case:
Hermods

Nalka acquired Hermods with the ambition of creating a leading company in the Nordic education market.
  • Year of Entry: 2008
  • Revenue (2007): SEK 78m
  • Revenue (2013): SEK 580m