Portfolio Insights - Alytic
Strategy Days with Alytic
On the 3rd and 4th of June, the portfolio companies of Alytic gathered for their annual seminar. Internally referred to as Strategy Days, the two-day event was held at Arendals Fossekompani’s headquaters in Arendal, Norway.
Est. reading time: 2 min
In 2020, Alytic was established by Arendals Fossekompani to acquire and develop sustainable companies with strong domain competence and data at the core. Alytic aims to realise the full potential of their partners through competence, culture, and capital. They provide hands-on support in strategy, leadership, sales, recruitment, HR, data science and technology and build arenas like strategy days for their portfolio companies to gain from each other’s expertise.
This year’s attendees
The entire team of Alytic welcomed their four CEOs from all portfolio companies including:
-Kontalli’s, Kjetil Angell Kjerstad,
-Veyt’s, Marie Thuestad,
-Utel’s, Frode Gorseth
-Factlines’, Henrik Halvorsen
Chair of Alytic and CFO of Arendals Fossekompani, Lars Peder Fensli, Arendals Fossekompani's Executive Vice President, Håkon Tanem were also in attendance. Joining them was Arendals Fossekompani's CEO, Benjamin Golding and Executive Vice President, Ann-Kari Heier to listen to the presentations and partake in the key discussions that followed.
“In Alytic, Arendals Fossekompani has created a platform for investments and development of early-phase companies, which in various ways transform data to meaningful insights. The executive group appreciated Alytic’s extended invitation to take part in strategic discussions and used the opportunity to strengthen relationships within the team,” says Golding.
“Close to the entire executive group at Arendals Fossekompani showed up for strategy days. It’s a great benefit to have supportive owners in addition to an active board with unique backgrounds and a variety of expertise,” says Espen Zachariassen, CEO pf Alytic.
The program
Each leader from Alytic’s portfolio companies had the opportunity to share the status of their company. Their presentations touched on key points that led to two days of in-depth discussions around strategy and reflections about the future.
The groups engagement stayed strong throughout the evening on which concluded with some fresh air on Arendals Fossekompani’s and Alytic’s rooftop terrace followed by dinner.
Key take aways
“I can already see that these two days have ramped up the momentum within the group. The energy, undisputed competence, and experience of key employees in the Alytic group form a strong foundation for driving future growth. I am truly enthusiastic about the prospects of all companies within the Alytic portfolio,” says Alytic chair and CFO of Arendals Fossekompani, Lars Peder Fensli.
“AFK’s genuine interest and contributions to this year’s gathering made a lasting impression for Alytic and our portfolio,” says Espen.