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 +29.10%
Industrials
Other Construction & Engineering
55.95B +74.42%
Industrials
Testing & Measuring Equipment
8.92B +51.17%
Technology
Technology Consulting & Outsourcing Services
3.66B -26.42%
Healthcare
Home Healthcare Services
1.67B -11.45%
Technology
Other IT Services & Consulting
10.62B -17.03%
Technology
Enterprise Software
5.43B -23.85%
Technology
Other Semiconductors
1,759B +9.72%
Technology
Testing Services
1.01B -36.05%
Technology
Other Electronic Equipment & Parts
21.18B +16.73%
Technology
Application Software
91.09B -31.40%
Healthcare
Other Advanced Medical Equipment & Technology
160B -18.96%
Healthcare
Hospitals, Clinics & Primary Care Services
1.16B +0.32%
Technology
Integrated Hardware & Software
1.41B -9.30%
Consumer Non-Cyclical
Supermarkets & Convenience Stores
27.28B +32.98%
Industrials
Industrial Machinery & Equipment Wholesale
12.1B +26.06%
Industrials
Industrial Machinery & Equipment Wholesale
10.78B +14.21%
Industrials
Other Aircraft Parts Manufacturing
34.49B -9.21%
Technology
Other IT Services & Consulting
3.96B -22.53%
Industrials
Other Environmental Services & Equipment
21.98B -8.95%
Industrials
Other Electrical Components & Equipment
53.81B +14.20%
Real Estate
Other Real Estate Services
5.68B -22.18%
Technology
Enterprise Software
35.18B -26.05%
Energy
Gasoline Stations
51.68B +1.96%
Healthcare
Medical Imaging Systems
110M -8.14%
- - 49.88B -
Consumer Cyclical
Construction Supplies & Fixtures Wholesale
49.88B +15.26%
Basic Materials
Wood Products
3.39B +0.81%
Industrials
Industrial Machinery
15.36B +15.66%
Industrials
Other Business Support Services
6.08B +10.50%
Consumer Cyclical
Other Auto Vehicles, Parts & Service Retailers
3.94B -11.53%
Consumer Non-Cyclical
Consumer Goods Conglomerates
4.82B +2.54%
Industrials
Other Electrical Components & Equipment
2.07B +5.88%
Technology
Electronic Component
748M -2.83%
Industrials
Industrial Machinery & Equipment Wholesale
55.47B +15.12%
Industrials
Industrial Machinery & Equipment Wholesale
56.46B +14.13%
Industrials
Diversified Industrial Goods Wholesale
9.48B -0.55%
Technology
Other Electronic Equipment & Parts
29.91B +28.44%
Industrials
Industrial Parts & Components
1.72B -11.43%
Technology
Other Software
13.47B -29.32%
Technology
Other IT Services & Consulting
158M -27.45%
Industrials
Building Contractors
1.01B +34.93%
Healthcare
Other Medical Equipment, Supplies & Distribution
224M -5.31%
Industrials
Electric Equipment Wholesale
13.07B +10.39%
Industrials
Diversified Industrial Goods Wholesale
6B +10.60%
Industrials
Diversified Industrial Goods Wholesale
61.41B +36.27%
Real Estate
Other Real Estate Services
6.71B -3.94%
Technology
Other Electronic Equipment & Parts
27.43B -13.19%
Healthcare
Veterinary Drugs
49.56B -4.56%
Financials
Investment Management
4.01B -14.04%
Consumer Cyclical
Other Miscellaneous Specialty Retailers
23.69B -9.14%
Technology
Other Semiconductors
196B +24.91%
Industrials
Other Industrial Machinery & Equipment
29.27B +12.29%
Technology
Other Software
5.52B -24.44%
Technology
Other Communications & Networking
2.49B +11.03%
Industrials
Other Industrial Machinery & Equipment
8.71B -7.65%
Healthcare
Other Advanced Medical Equipment & Technology
184B -11.26%
Industrials
Civil Engineers & Architects
1.35B -11.00%
Industrials
Pump & Pumping Equipment
4.7B -20.09%
Industrials
Air & Gas Compressors
90.95B +7.98%
Consumer Non-Cyclical
Consumer Goods Conglomerates
14.34B -16.82%
Technology
Application Software
35.13B -19.94%
Technology
Computer Programming
931M -33.13%
Financials
Private Equity
790M -12.06%
Industrials
Other Construction & Engineering
4.79B +1.64%
Financials
Insurance Brokers
22.1B -15.36%
Industrials
Other Business Support Services
407M -16.67%
Energy
Other Oil Related Services and Equipment
1.96B -21.68%
Consumer Non-Cyclical
Consumer Repair Services
3.27B -23.73%
Industrials
Other Electrical Components & Equipment
54.13M +22.86%
Industrials
Diversified Industrial Goods Wholesale
10.17B +13.25%
Industrials
Diversified Industrial Goods Wholesale
89.03B +1.44%
Consumer Cyclical
Beauty Supply Shop
31.35B +19.74%
Industrials
Other Construction & Engineering
2.31B +16.32%
Industrials
Diversified Industrial Goods Wholesale
110B +34.25%
- - 5.19B -
Consumer Cyclical
Automotive Parts & Accessories Retailers
56.52B +3.63%
Financials
Other Holding Companies
393M -11.27%
Industrials
Other Business Support Services
1.56B -15.73%
Industrials
Other Electrical Components & Equipment
2.29B +8.62%
Industrials
Diversified Industrial Goods Wholesale
44.96B +11.51%
Consumer Cyclical
Leisure Products Wholesale
7.89B -4.99%
Consumer Non-Cyclical
Consumer Goods Conglomerates
77.93B +11.45%
Industrials
Other Industrial Machinery & Equipment
681M -18.47%
Industrials
Commercial Equipment Rental
48.54B -3.68%
Industrials
Heating, Ventilation & Air Conditioning Systems
7.72B -5.03%
Consumer Cyclical
Other Construction Supplies & Fixtures
43.94B +1.17%
Technology
Enterprise Software
1.06B -24.29%
Real Estate
Residential Real Estate Development
1.22B +0.28%
Industrials
Building Contractors
11.1B -
Industrials
Waste Management, Disposal & Recycling Services
15.56B -9.04%
Consumer Cyclical
Other Apparel & Accessories
282B -25.31%
Industrials
Pest Control Services
16.8B +9.45%
Healthcare
Veterinary Drugs
1.75B +1.35%
Industrials
Legal & Tax Information Providers
749M -30.22%
Healthcare
Medical Software & Technology Services
86.35M -16.27%
Consumer Cyclical
Other Entertainment Production
16.12B +1.88%
Technology
Other Internet Services
15.31B -44.88%
Industrials
Other Electrical Components & Equipment
780M +52.99%
Industrials
Diversified Industrial Goods Wholesale
122B +47.10%

News of the components

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Heatmap

Sector allocation

Ratings chart - Surperformance

Ratings ESG MSCI