No two ABRIS transactions are identical and we always try to be flexible and opportunistic in our investment approach. However, a universal requirement is the ability to grow value over the course of our targeted investment period – typically from 3 to 5 years.
We look to invest in enterprises that have an established market position and the clear means to maintain and grow their business in existing or new markets. This could be through expansion, acquisition or through strategic or operational changes.
Our typical equity investment ranges between €30 million and €70 million, although we do consider larger investments in partnership with our institutional investors.
We add value to our portfolio by working in close partnership with the acquired companies’ management teams to continuously refine strategy and operations.
Additionally we combine our own in-house expertise with specialist external advisers to help our businesses define and strengthen their competitive advantage, and so increase their earnings growth potential.
We expect our interaction with management to be constructive and frequent, and to take place both formally through Board representation, and informally as appropriate.
To align our own interests with the management teams’, we typically create equity participation schemes that allow them to share in the financial rewards they help build.