TIP713: Why Serial Acquirers Outperform w/ Niklas Sävås
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You're listening to TIP. On today's episode, I'm joined by Nicholas Savas to discuss the business model of serial acquirers. Nicholas is a senior equity analyst at Red Eye AB, where he does extensive research on serial acquirers in the Nordics. A serial acquirer is a company that grows primarily by repeatedly acquiring other businesses as a core part of its strategy. Over the past two decades, many serial acquirers have proven to be profitable investments in the stock market.
Some well-known names that our audience might know includes Berkshire Hathaway, Constellation Software, Lifco, and AdTech. In this episode, we break down the most important factors to understanding the business model as investors. We also cover why serial acquirers are able to buck conventional thinking on making acquisitions, what the return profile is in these acquisitions, best practices used by successful serial acquirers, and why it's important to be the buyer of choice for sellers, the most common challenges that serial acquirers face, the importance of organic growth, as well as an overview of the ROCO IPO led by Frederick Carlson, who's the previous CEO of Lifco, whose value increased by over 100 times under Frederick's leadership. I find this business model very fascinating and serial acquirers play a key part in my own personal portfolio, so with that I hope you enjoyed today's discussion with Nicholas Savas.
Since 2014 and through more than 180 million downloads, we've studied the financial markets and read the books that influence self-made billionaires the most. We keep you informed and prepared for the unexpected. Now for your host, Blay Fink. Welcome to the Investors Podcast. I'm your host, Clay Fink, and today I'm happy to welcome Nicholas Savas to the show.
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