Every company we invest in was built by people who refused to settle. We share that drive, and we set out with them to build on what they have created, as far as it can go.
What drives us
Relentless ambition
We set the bar high, starting with ourselves.
Intellectual humility
We listen first, and we change our minds when the facts do.
Long-term view
We give companies the time they need to flourish.
Joy
We enjoy the work, and the people we do it with.
What we look for
Owner-led
Shaped by the entrepreneurs who know the business best.
Established and profitable
Proven businesses with room to grow.
Our sectors
Built environment and infrastructure, niche industrials and essential services.
Partners
Owners who want to stay on and build something bigger with us.
Together, our companies become a challenger no one can ignore.
Across the Nordics, outstanding companies compete with players many times their size. We unite them around a shared ambition. Together they win the contracts that used to go to the giants, attract people who once looked elsewhere, and grow into something none of them could have become alone.
Owners and partners
We hold a majority stake and work as partners to the people who run each company.
Decentralised by design
A culture of ownership, with decisions made close to the customer in every company.
Our companies
Arcora
A fast-growing technical services group, keeping industry and infrastructure running across Sweden. Formed in 2026 to bring together strong owner-led companies, Arcora is built to be a challenger to the largest players in its field.
arcora.seYou work with us personally
We have worked side by side for many years and have built and led several groups of companies across Northern Europe. Each of them started with an owner who trusted us. We are curious about every business and the people behind it. You deal directly with those who make the decisions.

Edwin Ashnai
Managing Partner
Board member of Arcora. Previously at Aspira Partners, on the boards of Qflow and WTR Group. Earlier at Morgan Stanley in London and Stockholm. B.Sc. in Business & Economics, Stockholm School of Economics.

Edward Yuran
Managing Partner
Board member of Arcora. Previously at Aspira Partners, on the boards of Generate and PubliX. Earlier at Cevian Capital and J.P. Morgan. M.Sc. in Finance, Stockholm School of Economics.

Maxim Berglund
Senior Advisor
Chairman of Arcora. Previously a partner at Sobro and co-founder of Trouva in London. Earlier at BC Partners and Goldman Sachs. M.Sc. in Finance, Stockholm School of Economics, with an exchange at Wharton. Russian at the Swedish Armed Forces Interpreter School.
Curious to join?
We are growing the team. If you share our drive, we would like to hear from you.
Email us