From $20M to $100M+ in 18 Months, Trading at 7.5x EBITDA
Why I just allocated 7% to a fire safety rollup led by a proven CEO
To read our full disclaimer, click here.
Sometimes the best ideas come from watching someone who’s already done it successfully do it again.
A CEO I’ve been studying took his last companies stock up 350% through a simple playbook: roll up fragmented service businesses, add scale, expand margins.
He left in 2023.
Now he’s CEO of of a new company, and he’s running the exact same play in fire safety equipment.
The market hasn’t noticed yet.
Fire Services went from under $20M to a $100M+ run rate in 18 months.
The stock crashed 40% on tariff fears that only hit 8% of revenue. Meanwhile Europe is up 113% and the U.S. grew 78%.
Trading at 7.5x EBITDA while peers trade at 12-15x.
I made it a 7% position last week.
The stock is…