“We are proud of our successful partnership with MORSCO,” said Stephen Hoffmeister, a Managing Director at Advent. “Over the past six years, MORSCO has completed 13 acquisitions, expanded into new regional markets and business lines and accelerated growth to become an industry leader.
Big bite. Full multiple. Overseas company. Currently digesting 13 acquisitions in the last six years. Private equity vendor. Top of the cycle.
Good luck with that!
A fantastic company that I would have loved to own but until this goes one way or the other, I'll be sitting on the sidelines.
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