Portfolio
We like to manage each one of our businesses as if we will hold them indefinitely.
Since 2003, Allegro has been the majority owner of Aiab Energy. This market-leading Swedish firm is a provider of system solutions for power supply, specialising in standby or backup power and mobile power generation. Key customers include the Swedish Emergency Service Agency (MSB), the Stockholm Public Transport Agency (SL) and the Swedish military (FMV) to which Aiab has been an almost exclusive supplier for over 35 years. Aiab Energy is also a qualified supplier of power equipment to the NATO Support and Procurement Agency.
Allegro has been the lead investor in Creston since 2015. Creston delivers advanced electrochlorination technologies for industrial and municipal water treatment. Its Electrichlor systems provide reliable, on-site disinfection and biofouling control for customers in sectors such as oil and gas, mining, power generation and municipal utilities. Creston supports its growth with a strong engineering and sales team, targeted marketing and field-deployed pilot units to demonstrate its solutions.
Allegro has been an investor in The Gadelius Group since 2006. A Japanese company with Swedish roots, Gadelius has been introducing new and innovative products to Japan, and new and innovative Japanese products to Europe for over 130 years. The group comprises of Gadelius Industry, Gadelius Medical and Gadelius Engineering and employs over 230 people throughout Japan.
Since 2013, Allegro has been the lead investor in GovX, the eCommerce platform created for members of the US Military, Law Enforcement, First Responders and selected Healthcare and Education communities as well as government employees. GovX is a closed-channel platform allowing brands to offer favourable pricing and build a deeper relationship with those who serve and protect, without disrupting other retail channels.
Allegro is a co-founder of Harbour and has been actively invested since 2009. Harbour Advisors Cayman and its sub-advisors Harbour Litigation Funding serve as the investment advisor to a number of Harbour investment funds, totalling over £1.3 billion in partner commitments.
Allegro first invested in INQO 2014 and today holds 16%. This social impact investment company operating in sub-Saharan Africa believes that enterprise is the best way to tackle poverty, by creating sustainable employment that empowers the poor and transforms communities. INQO Investments is listed on the London Aquis Stock Exchange.
JTK Finmec is a subcontractor of mid-size welded and machined metal components such as machine frames, masts, booms and parts of exhaust systems for large semi-fuel engines. In 2010 Allegro acquired a majority in the company.
Allegro acquired JTK Power in 2013. Specialising in manufacturing complex steel solutions for the world’s leading companies in the marine and mining industries, the logistics sector, the power plant industry and the building sector, JTK has a solid footprint in Central and Northern Europe, as well as China.
Allegro acquired Koncentra Pistons in 2016. The company designs, manufactures and markets large bore pistons for leading manufacturers of medium speed diesel and gas engines, applying proprietary state-of-the art R&D Technology to design piston structures, cooling systems, surface treatment and manufacturing processes.
In January 2023, Allegro acquired KS Large Bore Pistons Group from Rheinmetall in Germany. The KS group currently have 50% of the large bore pistons world market with plants in Germany, China and the US. This acquisition complements Allegro’s ownership of Koncentra Pistons, giving us over 60% ownership of the large bore pistons global market.
Allegro has been Malmstens Verkstad’s principal owner since 2010. The company is a subcontractor of large and heavy products within the area of CNC-machining, welding, robot-welding and assembly. The company has extensive experience in partnering with large industrial organizations in manufacturing both semi-finished and finished steel components for industrial use.
Allegro first invested in Oxymetal, Europe’s leader in industrial metal cutting, in 2012. In 2020 Oxymetal became a wholly owned subsidiary. With operations in France and Czech Republic, Oxymetal has an extremely diversified customer base, supplying the energy, aerospace, medical, automotive, railroad, construction and industrial machinery industries.
Allegro has a long relationship with Sight Sciences, having supported the company through its Series A and B rounds and led its series C investment round. Headquartered in Menlo Park, California, Sight Sciences is a commercial-stage medical device company dedicated to the development and sale of intelligently designed and engineered products that address the underlying physiology of ophthalmic diseases. Sight Sciences is a public company listed on the NASDAQ New York Stock Exchange under the symbol SGHT.
Zymbit provides secure, resilient edge computing solutions that protect sensitive data credentials and intellectual property in commercial, industrial and financial environments. Its technologies - such as Bootware-enabled Secure Edge Nodes - enable trusted computing at the edge for mission-critical operations. Zymbit works with leading enterprises to integrate its security solutions into next-generation systems and infrastructure.
