KKR Appoints Jim Rowan as Senior Advisor

KKR

November 10, 2020

SINGAPORE–(BUSINESS WIRE)– Global investment firm KKR today announced the appointment of Jim Rowan, former Chief Executive Officer of Dyson Ltd., as a Senior Advisor to KKR’s Asia Private Equity team.

Mr. Rowan brings more than three decades of global experience in the consumer and technology sectors. He led Dyson as its CEO between 2017 and 2020, during which time he accelerated the company’s e-commerce strategy and significantly grew its market share worldwide. Mr. Rowan joined Dyson in 2012 as its Chief Operating Officer, managing major aspects of its operational functions and research and development activities. Prior to Dyson, he was the COO of BlackBerry and a senior executive at Flextronics.

Mr. Rowan is an Advisory Board Member of Nanyang Technological University’s School of Mechanical & Aerospace Engineering. He also sits on the Board of Nanofilm and PCH International.

Ming Lu, Partner & Head of Asia Pacific at KKR, commented, “There is an increasingly urgent need for companies across sectors and geographies to become more technologically and digitally advanced to stay leaders in their industries. With this in mind, we are excited to welcome Jim as a Senior Advisor to KKR. His appointment reflects our commitment to actively support the entrepreneurs and management teams in whom we invest. Our growing portfolio of consumer and technology businesses will benefit from direct access to Jim’s extensive global experience in implementing successful growth strategies.”

Mr. Rowan said, “I have been impressed by the array of innovative, high-growth companies and the high-caliber management teams that KKR has partnered with in Asia Pacific and worldwide. I am excited by the opportunity to work with the firm and with the management teams of KKR’s portfolio companies to drive profitable growth, innovation and digital transformation.”

Among the ways KKR looks to add value to its portfolio companies is through access to its substantial network and the expertise of industry specialists, including KKR’s senior advisors. Technology is a key area where KKR looks to provide support. KKR’s Private Equity portfolio has more than 100 portfolio companies worldwide which account for over US$ 7 billion in Information Technology spend and over US$ 10 billion in marketing spend annually. KKR additionally has a robust technology business in Asia Pacific which includes investments in companies such as Jio Platforms, Cue & Co., ByteDance, From Scratch, Huohua Logic, Xingsheng Youxuan and Voyager Innovations among others.

About KKR

KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, credit and real assets, with strategic partners that manage hedge funds. KKR aims to generate attractive investment returns for its fund investors by following a patient and disciplined investment approach, employing world-class people, and driving growth and value creation with KKR portfolio companies. KKR invests its own capital alongside the capital it manages for fund investors and provides financing solutions and investment opportunities through its capital markets business. References to KKR’s investments may include the activities of its sponsored funds. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com and on Twitter @KKR_Co.

Media:
KKR Asia Pacific
Anita Davis
+852 3602 7335
Anita.Davis@kkr.com

KKR Americas
Kristi Huller, Cara Major or Miles Radcliffe-Trenner
+1 212.750.8300
Media@KKR.com

Source: KKR

Categories: People

Apollo’s PK AirFinance Names Eelco van de Stadt as President

Apollo Global

Van de Stadt to Assume President Position in January 2021

NEW YORK, Nov. 05, 2020 (GLOBE NEWSWIRE) — PK AirFinance, the aviation lending business managed by affiliates of Apollo Global Management, Inc. (together with its consolidated subsidiaries, “Apollo” or the “Firm”) (NYSE: APO), today announced it has named Eelco van de Stadt as its President, effective January 2021. The appointment follows PK AirFinance President Per Waldelof’s decision to retire at the end of the year.

“Eelco is one of the most experienced aviation finance professionals, having spent the past 15 years in global and regional leadership positions in the sector, and we’re pleased to welcome him as President of PK AirFinance,” said Gary Rothschild, Partner and Head of Aviation at Apollo. “We also want to thank Per for his leadership and his contributions to PK over the last 25 years, including overseeing its successful integration into Apollo’s aviation business. We believe the business is well positioned for growth and long-term success in its continued evolution.”

“I am proud to have been a part of the PK AirFinance team since 1995. During this time, PK has extended its product offering across a wide variety of loan types and eligible assets to best serve the needs of airline and investor clients worldwide, across business cycles,” said Per Waldelof. “Following the successful combination with Apollo, it is a natural moment for me to now pass the baton to Eelco and wish the team continued success.”

Eelco van de Stadt said, “I am thrilled to join PK AirFinance as President, leading a global team in an exciting next chapter for the business. As part of Apollo’s broader aviation business and integrated investment platform, PK AirFinance is uniquely positioned to not only manage its significant loan book but also grow the business, with access to technical aircraft support, expanded sourcing and pools of quality-oriented, permanent capital. I look forward to working with my future colleagues to accelerate PK’s trajectory in the marketplace.”

As President, van de Stadt will be based in London. He joins PK AirFinance from MUFG, where he served as Global Head of Origination Aviation Finance for nearly a year following MUFG’s acquisition of DVB Bank’s aviation finance client lending portfolio. Previously, van de Stadt was the Global Head of Aviation for DVB Bank, where he spent approximately 18 years focusing on aviation lending and investment management and in roles of increasing responsibility. He started his career in finance nearly 28 years ago and is a graduate of the University of Groningen in the Netherlands.

More About PK AirFinance

PK AirFinance is a premier specialized aircraft and aircraft engine lending business, with a team of professionals whose experience spans geographies, products and industry cycles. The business serves airlines, aircraft traders, lessors, investors, financial institutions and manufacturers.

In December 2019, Apollo closed on the acquisition of PK AirFinance’s aircraft lending platform. The transaction aligned PK’s leading platform with Apollo’s complementary expertise in loan origination, the aviation sector, and investment management across diversified assets and geographies.

Commenting on the state of the business, Rothschild added, “Over the past 11 months, the team has worked hard to seamlessly integrate PK AirFinance to leverage all of the associated expertise across the Apollo platform.  Our capabilities allow us to originate and underwrite loans based on both credit and asset risk to seek attractive risk-adjusted returns for our insurance and institutional investors. We believe we’re well positioned to grow the business profitably in the current market environment and beyond.”

As of the third quarter of 2020, PK’s total managed portfolio was $4.5 billion across 359 assets, flying with more than 94 operators in over 51 countries.

About Apollo

Apollo is a leading global alternative investment manager with offices in New York, Los Angeles, San Diego, Houston, Bethesda, London, Frankfurt, Madrid, Luxembourg, Mumbai, Delhi, Singapore, Hong Kong, Shanghai and Tokyo. Apollo had assets under management of approximately $433 billion as of September 30, 2020 in credit, private equity and real assets funds invested across a core group of nine industries where Apollo has considerable knowledge and resources. For more information about Apollo, please visit www.apollo.com

Contact Information

For investor inquiries regarding Apollo:

Peter Mintzberg
Head of Investor Relations
Apollo Global Management, Inc.
212-822-0528
pmintzberg@apollo.com

Ann Dai
Investor Relations Manager
Apollo Global Management, Inc.
212-822-0678
adai@apollo.com

For media inquiries regarding Apollo:

Joanna Rose
Global Head of Corporate Communications
Apollo Global Management, Inc.
212-822-0491
jrose@apollo.com

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Source: Apollo Global Management, Inc.

Categories: People

Kinnevik’s Chairman Dame Amelia Fawcett will not make herself available for re-election

Kinnevik

Kinnevik AB (publ) (“Kinnevik”) today announced that the Chairman of the Board of Directors, Dame Amelia Fawcett, has informed the Nomination Committee that she will not make herself available for re-election at the Annual General Meeting in 2021.

Dame Amelia Fawcett joined Kinnevik’s Board of Directors in 2011, was appointed Deputy Chairman in 2013, and was elected Chairman in 2018. Kinnevik’s Nomination Committee has initiated the search for a replacement for Dame Amelia in time for the Annual General Meeting of shareholders in 2021.

Anders Oscarsson, Chairman of the Nomination Committee, commented: “On behalf of the Nomination Committee, I would like to extend our gratitude to Dame Amelia for her significant contribution during her ten years on the Board of Kinnevik, and her leadership during her last three years as Chairman. The Nomination Committee looks forward to presenting its proposal for the new Chairman of Kinnevik as the company continues its successful transformation.”

Dame Amelia Fawcett commented: “It has been an honor and a privilege to serve on Kinnevik’s Board for ten years. During this time, Kinnevik has undergone a significant strategic transformation and today Kinnevik is in a strong position in the Nordic and global markets. The company has an exciting portfolio of widely recognized growth companies, delivering significant value to shareholders by building long-term sustainable businesses. I would like to thank all shareholders for their support in giving me the opportunity to be a small part in the great story that is Kinnevik.”

This information is information that Kinnevik AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 12.30 CET on 5 November 2020.

For further information, visit www.kinnevik.com or contact:

Torun Litzén, Director Investor Relations
Phone +46 (0)70 762 00 50
Email press@kinnevik.com

Kinnevik is an industry focused investment company with an entrepreneurial spirit. Our purpose is to make people’s lives better by providing more and better choice. In partnership with talented founders and management teams we build challenger businesses that use disruptive technology to address material, everyday consumer needs. As active owners, we believe in delivering both shareholder and social value by building long-term sustainable businesses that contribute positively to society. We invest in Europe, with a focus on the Nordics, the US, and selectively in other markets. Kinnevik was founded in 1936 by the Stenbeck, Klingspor and von Horn families. Kinnevik’s shares are listed on Nasdaq Stockholm’s list for large cap companies under the ticker codes KINV A and KINV B.

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Fortino Capital Partners appoints Patrick Van Deven as Operating Partner and Wouter van de Bunt becomes partner in The Netherlands.

Fortino Capital

Van Deven has over 20 years of experience in software and hosts an impressive track record, with successful stints at SAS, SAP and C3.ai.

Having risen through the ranks after starting as a developer in a start-up himself, Van Deven wants to put his international experience to use locally, for the benefit of young entrepreneurs and the Benelux’ tech ecosystem.

Brussels, 27 October 2020 – Fortino Capital Partners, one of the leading enterprise software investors, has appointed Belgian Patrick Van Deven as Operating Partner. Van Deven, who holds degrees in IT and Applied Economics and Management, is an experienced executive with an extensive track record in Profit and Loss management at sales organisations of all sizes. His particular expertise lies in ERP, Analytics and AI.

Needless to say that we are delighted to welcome Patrick among us”, states Duco Sickinghe, Managing Partner at Fortino Capital. His track record speaks for itself, with exceptional results both on business level as in terms of employee satisfaction. We are therefore very much looking forward to seeing what he can bring to the table at Fortino Capital.”

Van Deven has built his career selling and delivering applications to large enterprises. After 10 years at software start-up BJL, where he started as developer and ended up General Manager, he spent 15 years at SAS, where he rose to the position of Managing Director for the Belux and Sweden, followed by top executive roles at SAP and C3.ai. Under his management, SAS Belux ranked #1 on Belgium’s ‘Great place to work’ list.

Joining Fortino Capital was an opportunity I could not refuse”, states Patrick Van Deven.Having started as a developer in a software start-up myself, I have great affinity with and great respect for entrepreneurs in the tech space, Fortino is working with. I’m therefore very happy to put all my experience to the benefit of the companies where Fortino is involved with.

My focus will be on strategy, operations and last but not least value creation.

 


 

(Dutch only) Fortino Capital Partners benoemt Wouter van de Bunt als nieuwe partner in Nederland.

Fortino Capital Partners, de toonaangevende Europese investeerder in bedrijfssoftware, benoemt Wouter van de Bunt (59) tot partner in Nederland. Van de Bunt was eerder partner bij KPMG waar hij de afgelopen 20 jaar verschillende functies heeft bekleed, waarvan de laatste Global Head of Mergers & Acquisitions. Zijn focus lag in die functie op M&A binnen de nationale en internationale technologie-, media- en telecomsector. Voorafgaand aan KPMG werkte hij een aantal jaren bij private equity en begon hij zijn carrière als accountant bij Ernst & Young.

Duco Sickinghe, managing partner Fortino Capital :

“Met veel genoegen kondigen wij Wouter aan als onze partner met speciale aandacht voor de Nederlandse markt. Wouter brengt een schat aan kennis en inzichten mee in de markt van PaaS, SaaS en IT-diensten. Hij heeft een groot vakmanschap om ondernemers te helpen bij de groei van hun bedrijf en bij het signaleren van mogelijke aanvullende acquisities.

Met zijn aanwezigheid bij Fortino versterken wij onze aanwezigheid in Noordwest-Europa.”

 


 

About Fortino Capital :

Fortino Capital is a European enterprise software investor, managing a €240 million growth private equity fund and two venture capital funds for earlier stage software opportunities. The firm has offices in Antwerp and Amsterdam. Fortino Capital’s investment portfolio includes MobileXpense, Efficy CRM, Odin Groep, Tenzinger, Maxxton, LetsBuild, Teamleader, among others.

Categories: People

Oliver Thym Joins Thoma Bravo to Lead Credit Business

Thomabravo

SAN FRANCISCO – Thoma Bravo, a leading private equity firm focused on the software and technology-enabled services sectors, today announced that Oliver Thym has joined the firm as a partner to lead the Thoma Bravo Credit platform, which is focused on investing in the debt of software and technology companies.

Thym will oversee the firm’s credit funds and strategic debt investments, building upon a strong foundation in place with the goal to grow Thoma Bravo’s credit platform and drive value for investors. He joins the firm amid strong momentum in its credit business, with Thoma Bravo having invested or committed $3.5 billion across 48 issuers since the inception of the firm’s credit platform in 2017.

“Oliver’s deep expertise in credit and strong, long-standing relationships across sponsors and institutional investors will help us grow our credit business,” said Orlando Bravo, a founder and managing partner at Thoma Bravo. “We are thrilled to welcome Oliver to our team as we add scale to our platform to take advantage of the exciting opportunities in the credit markets.”

“Thoma Bravo is a clear leader in software and technology investing, and they have built a highly successful credit platform on the strength of a tested strategy,” said Oliver Thym. “I’m very excited to join the team at this pivotal moment to further grow the platform and continue to drive value for investors.”

Thym joins Thoma Bravo after a more than 23-year career at Goldman Sachs where he was a Partner and Head of the Private Credit Group in the Americas for the Merchant Banking Division. The Private Credit Group managed approximately $45 billion of assets under management and invested across the credit capital structure. Oliver served on various divisional and firmwide committees, including the Merchant Banking Credit and Corporate Investment Committees and Risk Committee. Oliver earned an MBA from the Stanford Graduate School of Business after receiving a BS in Operations Research and Industrial Engineering and a BA in Economics from Cornell University, where he graduated Phi Beta Kappa.

About Thoma Bravo
Thoma Bravo is a leading private equity firm focused on the software and technology-enabled services sectors. With more than $70 billion in assets under management as of June 30, 2020, Thoma Bravo partners with a Company’s management team to implement operating best practices, invest in growth initiatives and make accretive acquisitions intended to accelerate revenue and earnings, with the goal of increasing the value of the business. The firm has offices in San Francisco and Chicago. For more information, visit www.thomabravo.com.

Categories: People

Anthony Diaz to Lead Antares’ Loan Syndicate, Sales and Trading Team

Antares

CHICAGO–(BUSINESS WIRE)–Antares Capital announced today the appointment of Anthony Diaz to head of Loan Syndicate, Sales and Trading. Effective January 1, 2021, Mr. Diaz will succeed Peter Nolan, who will retire after more than 35 years in the industry.

“Anthony is a passionate and skilled capital markets professional who has deep relationships with institutional investors”

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Mr. Diaz brings nearly 25 years of experience to his new role. He joined Antares in 2016 after serving 13 years at GE Capital as a member of the Sales Desk and Structuring teams within Capital Markets. Prior to GE, Mr. Diaz held several controllership positions at Cantor Fitzgerald, Nikko Securities and UBS. Mr. Diaz earned a bachelor’s degree in accounting from St. John’s University and an MBA from The Lubin School of Business at Pace University.

“Anthony is a passionate and skilled capital markets professional who has deep relationships with institutional investors,” said David Brackett, CEO of Antares. “Our loan syndicate, sales and trading capabilities are some of the best in the middle market and we look forward to Anthony’s continued leadership as he takes on this new role. We also would like to thank Peter who leaves behind an indelible legacy both within our business and across the entire industry.”

About Antares

With approximately $27 billion of capital under management and administration as of December 31, 2019, Antares is a private debt credit manager and leading provider of financing solutions for middle-market private equity-backed transactions. In 2019, Antares issued approximately $17 billion in financing commitments to borrowers through its robust suite of products including first lien revolvers, term loans and delayed draw term loans, 2nd lien term loans, unitranche facilities and equity investments. Antares’ world-class capital markets experts hold relationships with more than 400 banks and institutional investors allowing the firm to structure, distribute and trade syndicated loans on behalf of its customers. Since its founding in 1996, Antares has been recognized by industry organizations as a leading provider of middle market private debt. The company maintains offices in Atlanta, Chicago, Los Angeles, New York and Toronto. Visit Antares at www.antares.com or follow the company on LinkedIn at http://www.linkedin.com/company/antares-capital-lp. Antares Capital LP is a subsidiary of Antares Holdings LP.

Contacts

Antares Capital
Carol Ann Wharton
475-266-8053
carolann.wharton@antares.com

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EQT launches Growth strategy – Marc Brown joins as Head of EQT Growth

eqt

  • Microsoft Corporate Vice President Marc Brown joins as Partner and Head of EQT Growth
  • EQT Growth – a new and dedicated investment strategy focused on partnering with founders and management teams of market leading companies through growth investments in a range of technology, technology-enabled, and scalable businesses
  • Launch of a Growth strategy positions EQT among the very few private markets firms in the world with investment strategies that address the needs of companies throughout their lifecycle

EQT today announces that Marc Brown, former Microsoft Corporate Vice President of Corporate Development, has joined as Partner and Head of EQT Growth. Having overseen Microsoft’s M&A and strategic investment activities, leading more than 185 acquisitions (including LinkedIn, GitHub and Minecraft) and 80 strategic equity investments (including Flipkart, Databricks and Graphcore), Marc’s experience across the technology industry landscape makes him perfectly suited to lead the EQT Growth strategy.

Earlier this year, Carolina Brochado joined EQT as Partner in London and will join the Growth team. Formerly a partner at both Softbank and Atomico, Carolina has experience across several investment disciplines, including private equity, venture capital and growth. In addition to Carolina Brochado and Marc Brown, the initial EQT Growth team will also include EQT veterans and Partners Victor Englesson, Dominik Stein and Johan Svanström, and Henrik Landgren, Motherbrain Partner, who will work across Ventures and Growth.

EQT Growth is a key pillar in EQT’s overall ambition to be the preferred partner to founders and management teams as they build and grow market leading businesses that have the bold ambition of making the world a better place. More specifically, EQT Growth will explore thematic growth opportunities between venture capital and private equity that are aligned with EQT’s key investment areas such as B2B tech, healthcare tech, impact tech and consumer/prosumer tech. EQT AB will utilize its balance sheet to support investments aligned with the EQT Growth strategy.

EQT Growth will be an extension from a number of successful growth transactions from EQT’s Mid Market, Private Equity and Ventures investment strategies (such as Epidemic Sound, Freepik, Sportradar, Banking Circle, AutoStore, and Wolt). Motherbrain, EQT’s proprietary in-house artificial intelligence (AI) system, will also play a crucial role in the EQT Growth strategy in assisting in identifying trends and sourcing potential investment opportunities.

Per Franzén, Partner and co-head of EQT Private Equity said: “We’re pleased to welcome Marc and Carolina to EQT and look forward to a strong collaboration across the entire Private Capital platform. They will bring vast technology and investment experience The Growth strategy will apply EQT’s thematic focus and seek future champions, and will be a critical next step in the development of EQT Private Capital and further manifesting our future-proofing and positive impact approach.”

Christian Sinding, CEO of EQT said: ”Building this strong team is a true milestone in EQT’s desire to become the preferred partner to the best high-growth market leaders across Europe and beyond. Adding a growth-focused strategy fits us perfectly as it complements EQT’s ’ecosystem’. In fact, EQT is now one of the very few private markets firms in the world with investment strategies that cover and support companies from the startup phase all the way until mature, leading businesses. This makes us a smarter investor and an even better partner to management teams. Finally, EQT Growth is a great example of how we can use EQT AB’s balance sheet to accelerate the development of new initiatives where we can generate strong sustainable returns for EQT’s investors.”

Contact
EQT Press Office press@eqtpartners.com

About EQT
EQT is a differentiated global investment organization with a 25-year track-record of consistent investment performance across multiple geographies, sectors, and strategies. EQT has raised more than EUR 62 billion since inception and currently has around EUR 40 billion in assets under management across 20 active funds within three business segments – Private Capital, Real Assets and Credit.

With its roots in the Wallenberg family’s entrepreneurial mindset and philosophy of long-term ownership, EQT is guided by a set of strong values and a distinct corporate culture. EQT manages and advises funds and vehicles that invest across the world with the mission to future-proof companies, generate attractive returns and make a positive impact with everything EQT does.

The EQT AB Group comprises EQT AB (publ) and its direct and indirect subsidiaries, which include general partners and fund managers of EQT funds as well as entities advising EQT funds. EQT has offices in 17 countries across Europe, Asia Pacific and North America with more than 700 employees.

More info: www.eqtgroup.com
Follow EQT on LinkedIn, Twitter, YouTube and Instagram

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Frank Heckes and David Forde to lead Private Equity team in Sydney

eqt

EQT today announced the recruitment of Frank Heckes and David Forde to jointly lead EQT Private Equity’s team in Australia and New Zealand. The team will be based in Sydney and work alongside EQT’s Infrastructure team, led by Ken Wong, and continue to further build EQT’s overall presence in the region.

Frank Heckes and David Forde both have extensive investment experience in the private equity market, in partner and senior executive positions across both Australia and Europe, at firms including Archer Capital, TPG Capital and CCMP Capital.

Ken Wong, who leads EQT’s Infrastructure team in Australia and New Zealand said: “We are excited to welcome Frank and David to EQT and to also add EQT’s Private Equity business line to the Sydney office. Australia and New Zealand are key parts of EQT’s focus to grow in Asia Pacific across business lines, and these new hires demonstrate EQT’s commitment and ambitions for the region.”

“We are delighted to have found two such high calibre individuals to lead our Private Equity team in Australia and New Zealand. Both Frank and David bring strong networks and track records and are ideally qualified to bring EQT’s approach to developing companies. Working alongside Ken, they will help to build on the thematic investments we have already made in the region” states Simon Griffiths, Head of EQT Private Equity APAC.

EQT’s investments in Australia and New Zealand currently includes EQT Infrastructure’s pending acquisition of leading New Zealand retirement village operator Metlifecare, and EQT Mid Market Asia’s investment in IT-services provider Nexon Asia Pacific. EQT previously invested in the Australian diagnostic imaging service provider I-MED between 2014 and 2018.

The announcement supports EQT’s strategy of further expanding its presence in the strategically important Asia Pacific region. In alignment with EQT’s “local-with-locals” approach, the Private Equity team will seek to find thematic investment opportunities in close collaboration with EQT’s global platform and extensive network, including the Wallenberg family network.

Contact
EQT Press Office, press@eqtpartners.com

About EQT
EQT is a differentiated global investment organization with more than EUR 62 billion in raised capital and around EUR 40 billion in assets under management across 19 active funds. EQT funds have portfolio companies in Europe, Asia-Pacific and North America with total sales of more than EUR 27 billion and approximately 159,000 employees. EQT works with portfolio companies to achieve sustainable growth, operational excellence and market leadership.

More info: www.eqtgroup.com
Follow EQT on
LinkedIn, Twitter, YouTube and Instagram

Categories: People

Boyne Capital Partners announces the promotion of Alex Villanueva to Vice President

Boyne Capital

MIAMI, FL – (October 6th, 2020) Boyne Capital Partners (“Boyne”) is pleased to announce that Alex Villanueva has been promoted to Vice President.

Alex joined Boyne in 2018 as part of the portfolio management team where he focuses on post-acquisition strategy, operational support and infrastructure building for the investment portfolio.

Adam Herman, Boyne’s Chief Operating Officer, said, “Alex is a great example of our strategy to find talented professionals with varying business backgrounds that can bring different perspectives to our portfolio companies and management teams. Equally important to us is providing the team the opportunity to grow their careers as our firm continues grow. Alex has done a great job and earned this promotion.  Congrats!”

Prior to joining Boyne, Alex founded a transportation company which provided innovative eco-friendly transit solutions to local communities in the Washington D.C. metro area. Prior to his entrepreneurial venture, Alex was Senior M&A Analyst at Global Imaging Systems, a subsidiary of Xerox Corporation specializing in business technology solutions, where he supervised the execution of the acquisition process for platform investments. He began his career at Ernst & Young’s Audit & Assurance practice.

Alex received his BS in Finance and MS in Accounting from the College of William and Mary. He is a Certified Public Accountant in the Commonwealth of Virginia.

About Boyne: Boyne Capital is a Florida-based private equity firm focused on investments in lower middle market companies.  Founded in 2006, Boyne has successfully invested in a broad range of industries, including healthcare services, consumer products, niche manufacturing, and business & financial services among others.  Beyond financial resources, Boyne provides industry and operational expertise to its portfolio companies and partners with management to drive both company performance and growth.  Boyne specializes in providing the capital necessary to fund corporate growth and facilitate owners and shareholders’ partial or full exit.  For additional information, please visit www.boynecapital.com.

Categories: People

Jonas Ågrup appointed CFO of Ratos

Ratos

Jonas Ågrup, who was the acting CFO of Ratos since February 2020, will take over the position on a permanent basis on 1 October. Peter Wallin will thus step down from his position as CFO but will remain as Executive Chairman of the Ratos company HENT.

Before Jonas Ågrup assumed the position of acting CFO of Ratos, he was CFO of Munters. Previous positions also include CFO of ÅF/AFRY. Peter Wallin will resign as CFO of Ratos but will remain as the Executive Chairman of HENT.

“I would like to thank Peter Wallin, who as CFO contributed to Ratos’s development through a new governance model and by creating the Ratos Business Areas. Peter also contributed to the positive development of the Construction & Services Business Area during his time as Head of the Business Area. Peter is now withdrawing from all assignments at Ratos but will continue as Executive Chairman of HENT,” says Jonas Wiström, CEO of Ratos.

 

For further information, please contact:
Jonas Wiström, CEO, Ratos, +46 8 700 17 00
Helene Gustafsson, Head of IR and Press, Ratos, +46 8 700 17 98, helene.gustafsson@ratos.se

About Ratos:
Ratos is a business group consisting of 12 companies divided into three business areas: Construction & Services, Consumer & Technology and Industry. In total, the companies have SEK 38 billion in sales and EBITA of SEK 1.8 billion. Our business concept is to develop mid-sized companies headquartered in the Nordics that are or can become market leaders. We enable independent mid-sized companies to excel by being part of something larger. People, leadership, culture and values are key focus areas for Ratos. Everything we do is based on Ratos’s core values: Simplicity, Speed in Execution and It’s All About People.

 

 


Categories: People