2min chapter

In Practise Interviews cover image

Bergman & Beving: The Original Serial Acquirer

In Practise Interviews

CHAPTER

EBITDA Over Working Capital: A Good Metric for a Product Company

A Bergman and Bevin. 51 acquisitions, probably more now. Let's talk about the mobile heating company. What did you specifically like about that? A product? No, the product term going back again, we are really looking at the financials. The margin is very, very good. We look at capital efficiency. So the profit of working capital is about the 45% that we're looking for. And then they have a niche that they are addressing and they are top free in that niche worldwide. I think that was a very good fit with our acquisition criteria.

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