Anders Börjesson

Strategic Concepts & Mechanics

Identity & CultureCross-Pollination Without Centralization

Relationship LeveragePermanent Home Pitch to Entrepreneurs

Operating PrincipleIntervention Only at Deviation

Cornerstone MoveLet Sellers Keep Skin in the Game

Signature MoveGroup Managers as Mini-CEOs Chairing 15-20 Companies

Signature MoveWrite Down Receivables to Zero at 30 Days

Strategic PatternSpecialize Deeper Not Broader

Capital StrategyEight-Times-EBITA Ceiling as Deal Discipline

Signature MoveZero HR People for 6,000 Employees

Risk DoctrineFourteen Years Private to Build the Machine

Competitive AdvantageSmall and Mission-Critical Beats Large and Visible

Cornerstone MoveOne Sheet of Paper Into the CEO Chair

Cornerstone MoveFlee the Swedish Bidding War

Cornerstone MoveDental Company to Demolition Robot Empire

Capital StrategySelf-Funded Acquisitions, Zero Share Dilution

Signature MoveShortest Conference Calls in Sweden

Signature MoveNo CEO Job Without Running a Subsidiary First

Primary Evidence

"Tom Hedelius and Anders Börjesson, already major shareholders and key figures in its leadership, formalized their control over the company. They became the largest shareholders in Addtech, today holding 15.2% and 16.5% of the votes, respectively. Having Börjesson as a committed long-term owner—the key person behind Bergman & Beving’s successful acquisition strategy—ensured that there would not be any change of strategy, culture, or philosophy. The architect of decentralization would never centralize."

Source:The Compounders

"When Anders Börjesson introduced the P/WC metric over 40 years ago, he probably didn’t imagine the long-lasting impact it would have. His self-financing approach has ensured that growth does not dilute existing shareholders through equity raises or over-dependence on debt financing."

Source:The Compounders

Appears In Volumes

The Compounders