Triton
Strategic Concepts & Mechanics
Primary Evidence
"The hottest thing on the financial market in the USA in 1987 was the “LBO,” leveraged buyout, or the acquisition of companies from the stock exchange. That was what Harald Mix wanted to work with, and he felt he should take the opportunity and stay in New York. There, he got to know several Swedes who would later become key players in Swedish venture capital, among them Peder Pråhl and Björn Nilsson, who founded the healthcare company Carema’s owner Triton."
"Triton differs a bit from the Swedish competitors, among other things, they work with lower leverage. The reason is that they often invest in troubled companies and therefore cannot have the same high financial risk. Triton borrows up to three times the operating profit, while competitors are often closer to four to six times the profit."