Our approach

DevCo is a long-term oriented active owner and development partner dedicated to building and developing world leading companies in selected niche markets

DevCo provides its companies with hands-on operational resources, strategic support and significant financial resources to support step changes in performance

DevCo is currently a significant owner of three global niche leaders: Bluefors, Medix Biochemica and Vexve Armatury Group. Our aim is to become an active owner in a handful of companies with revenues of €50-500 million

Active owner and development partner

DevCo provides additional hands-on operational resources and strategic support for medium-sized companies to achieve significant growth and strategic repositioning.

DevCo focuses on only a handful of companies at a time, enabling in-depth sector understanding and full-time support. Typical areas of focus include strategy, international growth, business development, finance and M&A – with clearly defined roles and governance.

Vexve's former owner asked if I could step in as an interim CEO at the time of the transaction. Accepting the role was one of the best decisions I’ve ever taken. In addition to experiencing a year of great fun, and work around the clock and globe, I developed an understanding of the company and relevant markets that would never have been possible in a non-operational role only.

Otto Kukkonen – DevCo Partners

Long-term tailored ownership solutions

DevCo believes that lasting improvements in companies’ performance can be best achieved with a truly long ownership horizon.

As a result, DevCo structures its investments with a long timeframe (typically 15 years) – always taking into account the specific needs of each company and situation.

DevCo was able to complete the partnership with Minerva Foundation around Medix Biochemica in a swift and flexible manner.

Caj Haglund – Chairman of the Board of Minerva Foundation

Strong team & network

DevCo has a strong team of operational partners and seasoned industrialists, who together have a strong track record of creating sustainable value in global businesses.

DevCo has a unique industrial network of functional and sector experts, which enables best-in-class competencies for the benefit of DevCo companies.

At Vexve, we formed a strong board with experience in building world leading businesses. The board members bring significant industry know-how and broad knowledge of how to develop an even more global and customer-focused company.

Lauri Stadigh – DevCo Partners

Significant capital for growth

DevCo has the ability to invest several hundred million euros in the growth of each target company. The capital enables investments in, for example, international expansion and R&D, as well as add-on acquisitions, while maintaining a strong balance sheet in the platform company.

DevCo works closely with its anchor investors which include leading long-term oriented families and institutions.

We have backed DevCo since its founding in 2014. I trust the team and believe in their active and long-term model.

Antti Herlin – DevCo anchor investor

We care

DevCo believes that, as an owner, profound integration of environmental, social and governance factors into investment decisions and actions is a prerequisite for sustainable long-term value creation. We strive to always take into account the interests of all relevant stakeholders.

We genuinely acknowledge our duty to always act in a responsible manner.

Matti Alahuhta – Chairman of the Board of DevCo Partners

Get in touch

We provide companies with full-time hands-on resources, tailored ownership solutions and significant capital for growth

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