Capital Allocators – Inside the Institutional Investment Industry Top 5 of 2024: #5: Alex Behring, Daniel Schwartz - EP.384
30 snips
Dec 30, 2024 
Alex Behring and Daniel Schwartz, co-managing partners of 3G Capital, share insights from their transformative experience with Burger King. They delve into their strategic approach that turned a $1 billion investment into a $28 billion success story. Listen as they discuss zero-based budgeting for enhancing operational efficiency and the owner-operator mindset that drives their investment philosophy. Their reflections on teamwork, personal growth, and navigating acquisitions offer a fascinating glimpse into the world of private equity and the restaurant industry.
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Childhood Burger King
- Alex Behring ate at Burger King every day as a child in Miami.
- This personal connection highlighted the brand's strength and potential, exceeding its business size.
Brand Over Business
- Burger King's brand recognition was much larger than its actual business.
- This gap presented a significant growth opportunity for 3G Capital.
Deep Dive Due Diligence
- Study numerous businesses deeply before making an acquisition.
- Actionability is key; ensure a clear path to completion exists.