We look for growth as our main value
creation lever.

Henko invests in high potential companies with strong fundamentals and clear growth prospects. We accompany management teams and support them to help
transform this potential into reality.  

The projects in which we invest usually combine organic growth and buy and build strategies. With this combination we seek to create a compelling strategic positioning over time, not only growing, but growing in the right direction. 

Henko invests in outstanding companies
and teams in the low range of the middle-
market.

We believe that SMEs are most dynamic and interesting segment of the market, while showing the greatest potential for development.

Our team has a genuine interest in the segment and the capabilities to help outstanding SMEs scale their potential.

We work with companies headquartered in Iberia with a special focus on industrial regions and clusters.

As an SME investor, we are convinced that Spain and Portugal represent a great opportunity. We back best-in-class businesses in this wide and fragmented space with capital and operational support.  

Henko works the market proactively, having a special interest in the industrial regions and numerous clusters in this geography.  

Even though we only invest in Iberian companies, we are strong advocates of 
internationalization. A relevant part of ou  team is international and has experience and extensive networks in markets such as Germany, UK, US or Belgium. It allows us as to help companies in their internationalization plans, especially in Central and Northern Europe and North America. 

Henko seeks to provide more than capital from the beginning of the investment. 

A relevant part of our investment process is aimed at developing a clear and attainable joint strategic plan. We provide to our portfolio companies our experience in scaling businesses, assessing competitive landscapes, market trends, international markets, distribution channels and business models.    

Our work is aimed at the creation of substantial value creation, supporting outstanding teams with: 

• Our experience and network in the sectors in which we invest. We are especially active in business services, manufacturing, technology and healthcare; 
• Highly analytical strategic guidance and focus on the key value creation levers; 
• Extensive support on development of organization chart: embracing talent is a key area of focus, especially as we mainly work with family or founder owned businesses in which the owners still hold very relevant roles.

Deep operational involvement to unlock transformational value.

Henko has a proactive approach towards operational transformation. We believe that this is the only way to be a value-added partner for SMEs.  

Our team directly works to identify, address, and monitor specific value-added opportunities. We always start by creating a joint strategic plan together with our partners, what allows us to learn about each other, establish priorities and translate into actionable measures. 

During the investment period we are very active in: 

• Operational improvement: we institute best-in-class business practices, overhauling the corporate governance structure, promoting full KPI transparency and implementing efficiency measures.
• Strategic growth initiatives: we leverage on the strong fundamentals and global competitiveness of our portfolio to define commercial structures, pricing strategies, development of new products / services and internationalization that can drive revenue growth.
• Bolt-on acquisitions: consolidation is often a core investment thesis. We bet on fragmented market in which we can drive scale inorganically while gaining access to new clients, broadening portfolio offering, capitalizing on commercial synergies and increasing the geographical reach.
  

People are at the core of our business, we invest in long-term relationships.

At Henko we are aware that the ultimate factor for value creation is the people we decide to work with. We work in real partnership with vendors who wish to remain invested with us and with management teams, supporting them with a highly collaborative and problem-solving approach. 

Such an approach aligns incentives closely between all parties to ensure the appropriate incentivisation mechanisms are in place to drive a successful and collaborative partnership. 

We are proud to have built a culture of intellectual rigorousness, collaboration, high integrity and creativity.  

The team looks beyond the pure transactional aspects of an investment and put great emphasis on humility and relationship-building when interacting with third parties and key stakeholders. 

Henko has a flat non-hierarchical structure, which rewards performance, and the team treats third parties the same way. Henko is a multicultural firm with team members demonstrating diverse and internationally oriented backgrounds. We believe that a diverse work environment, where different backgrounds are valued and celebrated, is an invaluable contributor to its success.