Buy and Build Again: Do Add-ons Dominate Certain Industries?
April 14, 2014
Having written up so many Confie Seguros insurance add-on stories for the PitchBook Newsletter over the last year, we decided to investigate the question of whether add-ons dominate certain industries. At first thought, it seems almost certain that more add-ons should happen in certain industries than others. Fragmented industries that largely offer similar products and services should only benefit from consolidation under an umbrella ownership; mom-and-pop insurance companies in small towns that join Confie Seguros can access far more resources and unify product and service offerings, while still retaining a local identity and flavor.
But, of course, the data could present a different story. To find out what PitchBook’s data show, click here.