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Röko: Building a Leading Serial Acquirer

In Practise Interviews

CHAPTER

How to Optimize Leverage at Lefko

Lefko buys a company for three times E B D A bank debt. The return on equity that you put in should be obviously much higher than the 12.5% on capital. Lefko has delegated M and A down the organisation really well but there are acquired recurrent revenues that they can do that. How do you think about potentially training others, Johan, or do you see more as it's going to be you?

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