VITEC Software Initiation: Swedish master capital allocator
We initiate coverage of VITEC Software, a high-quality vertical market software serial acquirer boasting exceptional capital allocation and decentralised management skills and offering investors an opportunity to coat-tail on the group’s ongoing success in both its organic and acquisitive endeavour
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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