Tech take-over
Altor has heavily increased investments and partnerships in the tech sector. Let Mattias Holmström explain why.
In the last years, Altor has increased the number of partnerships in the tech sector, changing the firm along the way. In Altor’s fifth fund this shift is noticeable. In this fund with an ownership horizon of 15 years, about 40 percent of the money is invested in growth-focused situations. This can be compared with just over 10 percent in the very first Altor fund.
Mattias Holmström, Partner at Altor“It is in tech that a large part of the global value is created right now. And Nordic tech-companies are often in a league of their own.”
PE-ownership has changed over the last 20 years, we are investing in companies at earlier stages of their journeys, and we are broadening the types of companies we are investing in. Today, tech companies are a much larger part of our partnerships than before, says Mattias Holmström, Partner at Altor.
One such example of Altor partnerships is the investment in Raw Fury, a smaller game-developer, founded in 2015 and headquartered in Stockholm, Sweden.
“Indie game publishers are well positioned in an exciting market. Raw Fury has a great brand driven by their artsy niche and strong culture. We are here to support them going forward”, says Mattias Holmström.
The feeling seems to be mutual, when Raw Fury announced the partnership in a press release CEO Jónas Antonsson said of Altor “They are an incredible partner,” noting Altor’s belief in Raw Fury’s “stubbornness”.
Altor has a strong track-record of building world-class companies, companies that can grow fast all around the world, today digitalization is also driving change in almost all other industries as well. This is the reasoning behind Altor’s investment in ARC, a Nordic digital consultancy.
Digital companies are growing faster than ever before, to a size that makes them interesting for a fund like ours. ARC is such an example. “When I first met the founder, four-five years ago, they were too small for us. But we kept in touch and in the spring of 2019, the company had grown rapidly, and at the end of that year we entered a partnership with the founder and the team”, says Mattias Holmström.
Building the digital transformation powerhouse ARC in 2019
Published: Aug 09 2022
Companies
Related
Conversation | Case
Revolutionizing the steel industry
How digitalization will enable completely different ways of working in steelmaking
Conversation | Our team
Celebrating recent promotions
They are ambitious, hardworking but at the same time just amazingly warm colleagues to have around. And they have all delivered some outstanding results in the companies they partner with.
Conversation | Case
An innovative partnership
Transcom enters collaboration with Silo AI to implement the opportunities of AI in the digital customer service industry.
Conversation | Our team
Embracing Curiosity – introducing Julius Höh
It is really about listening. If you want to succeed, you have to nurture your curiosity and look at how you can challenge what is a proven formula – that you do best by 'being out there', seeking new people and territory.
Conversation
It’s time to wrap up the year of 2023
We put together Altor’s wrapped to show what sparked the interest among you the most. Have a look. A hint, we seem to have a lot in common.
Conversation | Spotlight
Peeling off the layers to discover the truth
Ellinor Peters is Altor’s new Head of HR. Only three weeks in – its crystal clear that her role is key for the company’s success.
Conversation | Spotlight
Trust me, you’ll want to move in.
Every year we are looking for curious students to join our team as Investment Interns. Hoping that in a few years’ time, we’ll work side by side again.
News | Press release
10 Aug 2023
MW Investment B.V. completes take-private acquisition of Meltwater
Conversation | Case
Fast internet with a smart footprint
SeenThis has developed technical solutions to help tackle the issue of carbon emissions coming from our data usage.
Conversation | Our team, Spotlight
Welcome Fran Owen
There is no doubt about her passion and dedication to building better businesses that are ready to tackle todays’ and tomorrows’ challenges.
Conversation | Spotlight
Meet Dr. Nicolaus Henke
We have the privilege to welcome Dr. Nicolaus Henke to our community of challengers and change makers as a member on Silo AI's Board of Directors.
News | Press release
18 Jan 2023
The Board of Directors of Meltwater concludes Strategic Review and unanimously recommends an intended voluntary offer from MW Investment B.V. to acquire all shares of Meltwater
Conversation | Our team
A year like no other
Altor has made a number of investments and partnerships with successful brands across the consumer sector. We sat down with our Consumer-sector team to hear their thoughts on 2022 and what they believe 2023 will bring.
Conversation | In the media
Learning from the best
What motivates our decisions and how much of our career path can we control? When listening to Mattias Miksche tell stories from his life, we are reminded that the path to becoming an entrepreneur can take many forms. In Swedish.
Conversation | In the media
From intern to Partner
He started out as Altor's very first intern, today he is Partner and heads our tech sector. Meet Mattias Holmström and listen as he goes into detail about what we look for when we invest in companies in tech. In Swedish.
Conversation | Spotlight
What the world needs now
“This is the decade of action,” says Stephanie Hubold, Head of Sustainability. Watch the interview and learn more about Altor’s commitment.
Conversation | Our team
Above 100 employees!
We are growing and have just reached above 100 employees. And our ambition to attract and hire new talent to our sectors and offices will continue.
Conversation | Our team
Growing in DACH
At inception, Altor was dedicated to the Nordic markets, but we have since expanded to DACH (Germany, Austria, Switzerland). After a number of exciting investments and several new opportunities, our DACH team is growing.
Conversation | Perspective
Building the green transition
We can’t be dependent on fossil fuels in the future. Altor plans to be a part of Europe’s green transition, driving an industrial revolution and helping the whole continent decarbonize.
Conversation | Spotlight
Making batteries greener
Hear Tom Jovik, Principal at Altor, explain how Vianode is changing the synthetic graphite industry and making batteries even greener, in this 2-minute interview.
Conversation | Spotlight
Driving the green energy transition
Watch the interview with Matilda Elfving Hauan, Director, talking about partnering up with Svea Solar and OX2, two companies building new green business within the energy industry.
Conversation | Perspective
Ten years later, still going strong
Helly Hansen was Altor’s first investment in the Consumer sector. A company part of the Norwegian heritage. During our nine years of partnership, the brand reconnected with its roots, the product portfolio improving every season and the operation developed a world class apparel company.
Conversation | Our team
Promotions worth celebrating
Altor continues to grow and with that – the team within Altor grows and we have the chance to celebrate a few promotions.
Conversation | Case
Raw talent
Can, what looks like a traditional PE-fund, be a partner for a young indie-developer producing the most artistically inspired games out there? The owners of Raw Fury thought so and partnered up with Altor for the next step of their journey.
Conversation | Case
Accelerating human-machine collaboration
Looking to build an artificial intelligence powerhouse in the Nordics, Altor found a company already holding the title. And through a new partnership, Silo AI and Altor will take their cutting-edge technologies even further.
Conversation | Case
AI as the engine for growth
Meltwater was the world’s first pure online media monitoring company. But since inception in 2001 the information landscape has changed radically, with social media often having larger impact than the original source.
Conversation | Case
Being smart about data usage
Speeding up the internet with a low carbon footprint in mind.
Conversation | Spotlight
Three questions on digitalization
Meet Mattias Miksche – entrepreneur, board professional, investor and member of the Altor Tech Advisory Board.
News | Press release
14 Jun 2022
Altor and Silo AI Partner to build a leading European AI flagship
Conversation | Perspective
Committing to the 1.5 °C target
At Altor we believe that financial institutions play a critical role in decarbonizing the economy. This is why we have committed to set science-based targets in line with the 1.5°C target set in the Paris Agreement.
Conversation | Spotlight
Value creation thanks to high ESG performance
Stephanie Hubold joined Altor with a mission. “ESG-topics are too often looked at from a pure compliance and risk angle.” she explains. “Actually, high ESG performance can be an important driver of financial value creation.”
What we’re reading
News | Bloomberg
06 Jan 2024 — bloomberg.com
The $200 Billion Video Game Industry Is a Climate Opportunity
News | The Economist
17 Dec 2023 — economist.com
Which economy did best in 2023?
News | Bloomberg
04 Aug 2023 — bloomberg.com
Heat Pumps, Electric Cars, Home Solar:
The Climate Dads Have Arrived
News | Bloomberg
25 May 2023 — bloomberg.com
How Silicon Valley Got Into Investing in Climate Tech