Investment Themes

Serial buyers

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Investment Themes

While most M&A transactions destroy shareholder value, some companies led by brilliant leaders stand out by making accretive acquisitions.

These companies are particularly rare on the stock market, but once you've found them, it's usually in your interest to hold on to them for the long term. Executives who excel in capital allocation and accretive financial transactions are able to generate high returns on investment while boosting their company's growth.

This thematic list aims to identify the leading serial acquirers, those with a track record of successful acquisitions, mergers and integrations.

Our selection

Basic Materials
Specialty Mining & Metals Wholesale
1.24B +24.05%
Industrials
Other Construction & Engineering
67.89B +111.77%
Technology
Other IT Services & Consulting
8.83B -32.34%
Technology
Enterprise Software
6.07B -20.40%
Industrials
Testing & Measuring Equipment
10.78B +84.74%
Healthcare
Other Advanced Medical Equipment & Technology
142B -28.62%
Technology
Application Software
78.02B -44.61%
Technology
Other Semiconductors
1,869B +17.85%
Technology
Other Electronic Equipment & Parts
19.6B +11.87%
Financials
Investment Management
4.14B -18.02%
Consumer Non-Cyclical
Supermarkets & Convenience Stores
31.45B +51.75%
Technology
Integrated Hardware & Software
1.76B +8.02%
Healthcare
Medical Imaging Systems
116M -3.26%
Technology
Technology Consulting & Outsourcing Services
4.34B -14.25%
Industrials
Industrial Machinery & Equipment Wholesale
12.19B +31.65%
Healthcare
Home Healthcare Services
1.72B -12.21%
Industrials
Other Aircraft Parts Manufacturing
39.58B +4.31%
Technology
Other Semiconductors
275B +84.54%
Industrials
Industrial Machinery & Equipment Wholesale
12.65B +34.75%
Technology
Testing Services
1.03B -34.30%
Technology
Other Software
5.98B -23.36%
Technology
Other IT Services & Consulting
148M -31.70%
Industrials
Other Electrical Components & Equipment
53.01B +15.43%
Industrials
Other Environmental Services & Equipment
20.33B -16.51%
Industrials
Building Contractors
1.16B +57.19%
Real Estate
Other Real Estate Services
6.39B -8.88%
Industrials
Other Business Support Services
6.4B +21.55%
Energy
Gasoline Stations
54.73B +9.77%
Technology
Other Software
212M -27.39%
Technology
Other Communications & Networking
2.73B +22.91%
Industrials
Industrial Machinery & Equipment Wholesale
61.9B +33.48%
Technology
Other IT Services & Consulting
4.03B -23.97%
- - 44.53B -
Consumer Cyclical
Construction Supplies & Fixtures Wholesale
44.53B +3.14%
Technology
Enterprise Software
43.52B -17.31%
Industrials
Other Electrical Components & Equipment
2.25B +17.65%
Technology
Other Electronic Equipment & Parts
28.51B +20.77%
Technology
Other Software
12.13B -39.36%
Consumer Non-Cyclical
Consumer Goods Conglomerates
5.58B +19.55%
Industrials
Industrial Machinery & Equipment Wholesale
51.52B +14.17%
Industrials
Diversified Industrial Goods Wholesale
9.32B +0.49%
Healthcare
Hospitals, Clinics & Primary Care Services
956M -19.16%
Industrials
Electric Equipment Wholesale
12.88B +14.83%
Consumer Cyclical
Other Auto Vehicles, Parts & Service Retailers
3.54B -15.90%
Industrials
Other Construction & Engineering
2.68B +39.16%
Industrials
Diversified Industrial Goods Wholesale
105B +27.44%
- - 5.11B -
Consumer Cyclical
Beauty Supply Shop
33.75B +31.16%
Technology
Integrated Circuits
1.59B +67.57%
Consumer Cyclical
Automotive Parts & Accessories Retailers
49.95B -9.07%
Industrials
Industrial Parts & Components
1.88B -1.01%
Industrials
Diversified Industrial Goods Wholesale
81.16B -5.27%
Industrials
Diversified Industrial Goods Wholesale
83.47B +1.64%
Industrials
Diversified Industrial Goods Wholesale
50.59B +12.77%
Industrials
Diversified Industrial Goods Wholesale
48.07B +20.23%
Industrials
Diversified Industrial Goods Wholesale
10.89B +20.13%
Technology
Application Software
33.3B -25.91%
Consumer Cyclical
Other Miscellaneous Specialty Retailers
15.6B -39.40%
Industrials
Diversified Industrial Goods Wholesale
4.68B -9.67%
Consumer Non-Cyclical
Consumer Goods Conglomerates
14.79B -12.78%
Healthcare
Other Advanced Medical Equipment & Technology
172B -19.83%
Basic Materials
Wood Products
3.19B -2.54%
Technology
Other Internet Services
12.44B -55.65%
Technology
Electronic Component
913M +19.33%
Industrials
Other Industrial Machinery & Equipment
7.4B -21.34%
Industrials
Industrial Machinery
16.17B +22.37%
Industrials
Other Industrial Machinery & Equipment
29.73B +14.82%
Industrials
Air & Gas Compressors
96.62B +17.95%
Industrials
Other Electrical Components & Equipment
966M +78.43%
Industrials
Industrial Machinery & Equipment Wholesale
8.69B -4.65%
Consumer Cyclical
Leisure Products Wholesale
7.08B -10.94%
Industrials
Industrial Machinery & Equipment Wholesale
720M +4.68%
Industrials
Heating, Ventilation & Air Conditioning Systems
15.43B +17.99%
Healthcare
Other Medical Equipment, Supplies & Distribution
223M -9.65%
Energy
Other Oil Related Services and Equipment
1.79B -28.41%
Industrials
Other Aircraft Parts Manufacturing
73.65B -0.56%
Healthcare
Other Advanced Medical Equipment & Technology
120M -20.70%
Industrials
Pest Control Services
14.91B -4.09%
Industrials
Pump & Pumping Equipment
4.36B -24.67%
Consumer Non-Cyclical
Consumer Goods Conglomerates
75.41B +8.34%
Technology
Other Electronic Equipment & Parts
23.77B -25.52%
Basic Materials
Other Specialty Chemicals
5.81B +34.98%
Financials
Other Holding Companies
414M -2.82%
Industrials
Other Industrial Machinery & Equipment
7.45B +14.17%
Consumer Cyclical
Other Construction Supplies & Fixtures
40.19B -4.29%
Technology
Enterprise Software
980M -27.84%
Consumer Non-Cyclical
Consumer Repair Services
2.56B -41.03%
Real Estate
Other Real Estate Services
4.78B -36.02%
Financials
Insurance Brokers
20.01B -26.81%
Industrials
Heating, Ventilation & Air Conditioning Systems
7.68B -1.26%
Technology
Computer Programming
609M -57.17%
Healthcare
Veterinary Drugs
32.39B -37.97%
Healthcare
Veterinary Drugs
1.72B -2.44%
Industrials
Other Business Support Services
369M -21.31%
Technology
Application Software
1.43B -2.41%
Real Estate
Residential Real Estate Development
1.1B -7.18%
Consumer Non-Cyclical
Consumer Goods Conglomerates
7.06B +32.94%
Consumer Cyclical
Copyright Management
377M +5.20%
Consumer Non-Cyclical
Other Food Processing
13.71B -5.26%
Industrials
Commercial Equipment Rental
65.71B +33.94%

News of the components

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Sector allocation

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