Per Waldemarson

"CEO, Per Waldemarson, often points out that “if we were forced to only buy companies in our dental division, we would not been able to grow as much or profitably as we have done.” Its organizational structure mirrors the intricate root systems found in nature, spreading risk while enabling continuous growth."

"Lifco has nurtured and developed its talent without needing a single HR person. Emphasizing Lifco’s lean structure, the CEO Per Waldemarson once explained to us that: “hiring a HR person looks good for two years, but…"

"Fredrik Karlsson placed significant emphasis on cultivating the next generation of culture carriers within Lifco—a tradition that Per Waldemarson has continued to foster. This focus on internal development has been critical to Lifco’s successful growth. Without nurturing talent from within,…"

"Backed by the prominent industrialist Carl Bennet and led by the talented CEOs Fredrik Karlsson and Per Waldemarson, Lifco has compounded earnings at an astonishing rate of above 14% since 2006, with its stock price appreciating 21× since its IPO in 2014, widely outperforming the overall market which during the same period appreciated 110% (2.1×). This Swedish acquisition-driven compounder operates with a lean, decentralized structure, empowering over 250 portfolio companies to thrive independently while adhering to strict financial discipline."

"While the final capital allocation decisions are made by Lifco’s board of directors, it is the group managers who actively drive the acquisition process. Per Waldemarson, essentially acting as Lifco’s investment committee, oversees the process and ensures consistency and adherence to Lifco’s stringent acquisition criteria."

"Despite Karlsson’s extraordinary capital allocation skills, Lifco’s evolution into the company it is today would not have been possible without the steady support of Carl Bennet, Lifco’s majority shareholder. Together, they shaped a culture that remains strong under Per Waldemarson’s leadership."