Do you own a business that is facing a growth journey?
Do you need capital and/or an active partner with experience from supporting other growth companies?
Novax invests in small and medium-sized growth companies with sales exceeding SEK 100 million. Companies must be established and profitable with a strong market position and a clear growth potential. There must be a strong businessperson and a management team with a high level of ambition to further develop the company.
Our investment model is flexible meaning that we do both minority and majority investments. Our objective is an initial average investment of SEK 100-300 million and with an ownership stake exceeding 30 percent. Since every opportunity is unique, we have the flexibility to adapt the structure and we can also increase our stake throughout the ownership period.
OUR CONTRIBUTION: EXPERTISE, COMMITMENT AND CONTACTS
Novax provides active support when implementing strategic and value-creating initiatives. Example of long-term value creation initiatives include focus on customer and employee satisfaction, investments in product development, sales and marketing as well as geographic expansion.
Novax has an extensive network of individuals with operational experience from various industries, who offer their expertise, commitment and experience, while actively supporting Novax company leaders.
SUSTAINABILITY AND FUNDAMENTAL VALUES
Novax shares the fundamental values of the Axel Johnson Group. We believe in giving people freedom, which is essential to have the energy for growth. We act long-term, which requires constant focus on business development along with the courage and determination to change when demanded by circumstances.
Growing your business requires trust – we trust you and you trust us. Long-term ownership is the basic premise of each investment; we have a flexible exit strategy.
The basis of our focus on the long term is to create lasting value in the companies rather than maximize the short term profit. However, just because we do not necessarily need to realize short term values, it does not mean that we have a lower yield target. We have clear financial objectives for our businesses and regularly evaluate the value and potential of our investments.
INVESTMENT PROCESS AND PARTNERSHIP
As an investment company, Novax wants to continually invest in and contribute to the development of businesses with clear growth potential in order to create long-term value and profitability.