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
1.54B +53.95%
Industrials
Other Construction & Engineering
47.35B +37.05%
Technology
Other IT Services & Consulting
3.15B -24.30%
Healthcare
Home Healthcare Services
1.9B -3.89%
Technology
Technology Consulting & Outsourcing Services
3.87B -17.65%
Technology
Other IT Services & Consulting
12.06B -5.84%
Technology
Testing Services
1.13B -25.37%
Technology
Other Electronic Equipment & Parts
19.87B +9.16%
Technology
Other Semiconductors
1,576B -4.51%
Healthcare
Other Advanced Medical Equipment & Technology
176B -13.45%
Technology
Application Software
115B -18.96%
Healthcare
Hospitals, Clinics & Primary Care Services
1.25B +3.84%
Technology
Integrated Hardware & Software
1.35B -13.92%
Consumer Non-Cyclical
Supermarkets & Convenience Stores
24.87B +20.24%
Industrials
Industrial Machinery & Equipment Wholesale
10.26B +4.29%
Real Estate
Other Real Estate Services
6.05B -21.85%
Industrials
Testing & Measuring Equipment
8.49B +37.44%
Industrials
Other Environmental Services & Equipment
23.59B -5.46%
Technology
Enterprise Software
6.14B -19.02%
Industrials
Other Aircraft Parts Manufacturing
36.76B -6.14%
Industrials
Other Electrical Components & Equipment
51.94B +8.12%
Industrials
Diversified Industrial Goods Wholesale
6.02B +5.07%
Healthcare
Medical Imaging Systems
104M -11.63%
Consumer Non-Cyclical
Consumer Goods Conglomerates
4.67B -1.88%
Technology
Electronic Component
761M -3.50%
Basic Materials
Wood Products
3.84B +13.12%
Consumer Cyclical
Other Auto Vehicles, Parts & Service Retailers
4B -11.93%
Industrials
Other Business Support Services
5.33B -0.28%
Industrials
Diversified Industrial Goods Wholesale
56.75B +23.66%
Industrials
Other Electrical Components & Equipment
1.89B -4.26%
Technology
Other Electronic Equipment & Parts
30.33B +26.81%
Industrials
Industrial Machinery & Equipment Wholesale
54.28B +10.28%
Industrials
Diversified Industrial Goods Wholesale
9.18B -4.52%
Industrials
Industrial Machinery & Equipment Wholesale
9.56B -0.28%
Industrials
Industrial Machinery & Equipment Wholesale
54.32B +15.77%
Technology
Other Software
15.73B -17.48%
Industrials
Industrial Parts & Components
1.56B -19.66%
Consumer Non-Cyclical
Consumer Goods Conglomerates
14.76B -15.06%
Technology
Enterprise Software
43.22B -10.24%
Technology
Other IT Services & Consulting
163M -25.82%
Energy
Gasoline Stations
56.43B +7.74%
Industrials
Industrial Machinery
15.68B +13.48%
Industrials
Electric Equipment Wholesale
11.62B +0.54%
Industrials
Other Construction & Engineering
2.27B +13.87%
Real Estate
Other Real Estate Services
6.88B -5.21%
Healthcare
Veterinary Drugs
51.6B -3.49%
Industrials
Diversified Industrial Goods Wholesale
45B +8.48%
Technology
Other Semiconductors
180B +11.38%
Industrials
Pump & Pumping Equipment
4.43B -23.69%
Consumer Cyclical
Other Miscellaneous Specialty Retailers
26.59B +0.30%
Industrials
Civil Engineers & Architects
1.26B -12.96%
Industrials
Other Industrial Machinery & Equipment
29.07B +6.75%
Consumer Cyclical
Other Entertainment Production
14.9B -6.76%
Technology
Other Software
6.44B -13.78%
Technology
Other Communications & Networking
2.18B -4.73%
Technology
Application Software
37.67B -17.44%
Healthcare
Other Advanced Medical Equipment & Technology
193B -13.37%
Industrials
Other Construction & Engineering
4.48B -10.66%
Financials
Insurance Brokers
24.89B -7.78%
Industrials
Other Business Support Services
396M -15.30%
Industrials
Other Industrial Machinery & Equipment
679M -15.99%
- - 6.43B -
Healthcare
Other Pharmaceuticals
472M +9.25%
Industrials
Diversified Industrial Goods Wholesale
93.54B +5.80%
Industrials
Diversified Industrial Goods Wholesale
9.58B +6.74%
Industrials
Diversified Industrial Goods Wholesale
106B +27.74%
Healthcare
Other Biotechnology & Medical Research
13.4B +3.49%
Industrials
Waste Management, Disposal & Recycling Services
16.02B +2.73%
Industrials
Other Electrical Components & Equipment
2.12B -2.91%
Healthcare
Medical Software & Technology Services
80.21M -11.06%
Healthcare
Other Medical Equipment, Supplies & Distribution
234M -9.68%
- - 46.65B -
Consumer Cyclical
Construction Supplies & Fixtures Wholesale
46.65B +7.73%
Industrials
Building Contractors
972M +25.73%
Consumer Cyclical
Leisure Products Wholesale
8.02B -6.60%
Consumer Non-Cyclical
Other Personal Services
11.38B +4.59%
Consumer Cyclical
Automotive Parts & Accessories Retailers
62B +7.37%
Industrials
Heating, Ventilation & Air Conditioning Systems
7.31B -11.84%
Consumer Non-Cyclical
Consumer Goods Conglomerates
81.42B +12.53%
Industrials
Building Contractors
11.43B -
Real Estate
Residential Real Estate Development
1.25B +0.46%
Industrials
Other Industrial Machinery & Equipment
8.72B -8.82%
Consumer Cyclical
Other Construction Supplies & Fixtures
43.82B +0.14%
Financials
Investment Management
4.88B -1.25%
Healthcare
Veterinary Drugs
1.43B -16.94%
Consumer Cyclical
Other Apparel & Accessories
290B -22.14%
Financials
Private Equity
794M -10.66%
Healthcare
Other Advanced Medical Equipment & Technology
143B -14.60%
Industrials
Legal & Tax Information Providers
860M -25.35%
Technology
Other Internet Services
20.53B -28.05%
Industrials
Other Electrical Components & Equipment
669M +30.90%
Industrials
Civil Engineers & Architects
256M -7.22%
Industrials
Industrial Machinery & Equipment Wholesale
9.89B -4.14%
Industrials
Diversified Industrial Goods Wholesale
119B +41.47%
Real Estate
Other Specialized REITs
31.74B +26.80%
Industrials
Other Business Support Services
1.64B -11.93%
Financials
Insurance Brokers
59.04B -11.85%
Industrials
Industrial Machinery & Equipment Wholesale
685M -0.78%
Industrials
Other Industrial Machinery & Equipment
7.37B +1.42%
Industrials
Other Aircraft Parts Manufacturing
73.13B -2.66%

News of the components

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Heatmap

Sector allocation

Ratings chart - Surperformance

Ratings ESG MSCI