He said firms that join the group would not be part of the wider group, but instead Söderberg will hold minority stakes in the businesses - a model it already operates elsewhere.
“It's not like a consolidator, we're actually taking stakes in businesses and backing the management and helping them finance their growth opportunities.
Article continues after advert
“Typically, the firms would be £100mn plus but key to that we're looking at firms that really are ambitious, and want to grow,” he said at the time
jane.matthews@ft.com
Page 2 of 2
