Stockwik is a Swedish serial acquirer operating 16 subsidiaries within four business segments: Healthcare, Industry, Property Services and Business Services. It has an acquisition-driven business model, with an average of two acquisitions made p.a. since its inception, in 2013, with 16 acquisitions in total. Recently, the company has increased its pace of acquisitions and has made 11 out of the 16 acquisitions in the last three years. Stockwik acquires companies with a long history of profitability and with exposure to resilient end-markets. The group structure is decentralized, enabling group management to focus on adding new companies to the group.
Acquisitions are an integral part of the business model. If prices on targets rise, this would hurt the company. If the economy weakens, this could affect the earnings stability of acquisition targets, and thus prolong negotiations. In addition, Stockwik is heavily dependent on key personnel, as group management only consists of CEO David Andreasson, CFO Andreas Säfstrand and COO Rickard Henze. If one were to leave the company, or not be able to pursue their role, the effects would be notable.