Acquisition Criteria

What We Acquire

LXN is the Lexén family's privately held investment group. We acquire, own, and develop companies for the long term, and we are open about what fits and what does not.

If your company or mandate is close to the profile below, an introduction is worth making. If it is not, we will say so quickly rather than run a process that leads nowhere.

01

Ownership situation

Succession, a founder stepping back, a partner buyout, a corporate carve-out, or an owner looking for a long-term home rather than the highest short-term bid.

02

Company profile

Established demand, sound underlying economics, and a real product or service. We are comfortable where the operating and commercial structure has not kept pace with the opportunity.

03

Position we take

Control acquisitions and majority positions, selected minority investments where our involvement is genuinely useful, and long-term holdings without a fixed exit date.

04

Geography

Europe and North America. LXN is led from Switzerland, and transactions may be completed through dedicated legal entities in the relevant jurisdiction.

05

Sector

Sector-agnostic. We look at the business, its economics, and whether our direct involvement can make a measurable difference, not at a thematic mandate.

06

Involvement

Direct and hands-on. We work through the board, alongside management, or in a clearly defined operating role, depending on what the business actually needs.

Usually not a fit

Where we are not the right owner

  • 01Pre-revenue concepts and companies without demonstrated demand
  • 02Situations where the seller requires a purely passive shareholder
  • 03Regulated activities or structures we cannot own transparently
  • 04Broad auction processes where no owner relationship is possible

Initial conversations are handled discreetly and are non-binding.

Discuss a Company