Private Equity Deals with Capital Allocators Berkshire Partners, Kevin Callaghan and Larry Hamelsky – Culture and Compounding at Parts Town (S1, EP.04)
16 snips
Oct 26, 2022 AI Snips
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Culture As An Investment Advantage
- Berkshire's culture centers on long tenure, teamwork, and shared ownership across the firm.
- That internal alignment lets them present a senior, collaborative boardroom to management teams.
Steve Sparked The Digital Turnaround
- Parts Town traces its meaningful transformation to Steve's arrival around 2002 and his push to put parts information online.
- That digital focus produced 198 consecutive months of month‑over‑month growth before the pandemic.
Aftermarket Parts Resist Cyclicality
- Aftermarket parts are less cyclical than equipment sales because existing equipment gets used and breaks in downturns.
- That durability makes parts distribution an attractive private equity sector to hold long term.