RollUpEurope

Upgrade your fundraising game with our rollup investor database. Don't waste time explaining what a "rollup" or a "buy & build" is -> pitch to the people who get it! 🪄 36 rollups from Europe and North America 🫰 430+ investor names: family offices, VCs, private equity bigwigs 🌎 Industries represented: software, vet clinics, industrials, handymen, ecommerce, YouTube, mobile apps, web hosting... you name it! Get your annual subscription to RollUpEurope today: https://lnkd.in/dgiWhUrz

🚀 I'm sure you've all seen the news that Wiz is being acquired by Google's parent for a whopping $32 billion. But for every Wiz, there are dozens of VC-backed SaaS companies selling for 1x revenue. 📉 We've seen cases where companies: • Raised $200M+ in VC funding 💰 • Built to $85M in revenue 📈 • Were once valued at $500M 🌟 • Sold for just $80M 💸 This is what we call "stranded software" - companies where funding needs have outstripped growth potential. ⚠️ Want to spot these potential bargains (or avoid investing in them)? Look for these warning signs: • R&D costs growing faster than ARR 👨💻 • Enterprise sales cycles longer than 12 months ⏳ • Technical debt consuming >70% of engineering time 🔧 • Cost structures that make profitability mathematically impossible 🧮 • CTOs who think Kubernetes is the answer to everything 🤦♂️ If you're wondering whether distressed SaaS might be a good opportunity, check out our article "Stranded Software: Great Opportunity or a Fool's Bargain?" 🔍 We've created a detailed checklist to determine which ones might actually be worth salvaging. Link in comments 👇 #SaaS #VentureCapital #MergersAndAcquisitions #Rollups

🌱 Spring is in the air! Notice all those landscaping crews suddenly appearing? As you watch them mow lawns, trim trees, and plant flowers, a question might pop into your head: "Could landscaping be the next big roll-up opportunity?" Great minds think alike! We asked ourselves the same question and discovered: • A $153B market in the US alone (larger than HVAC!) • KKR, Comvest, and other PE heavyweights quietly building platforms • Targets selling for 3-4x EBITDA vs. 11-14x for scaled platforms • Green Landscaping Group's 40 acquisitions since going public in 2018 • Idverde growing to €1B+ in sales under PE ownership Curious if landscaping is the next frontier or just a "thorny" proposition? We've got you covered with our deep dive from last month. Link in the comments 👇 #PrivateEquity #MergersAndAcquisitions #Landscaping #Rollups

We're now back from Sweden where we gathered insights from CEOs representing $60B in market cap! 🇸🇪 Thank you Redeye AB for having us - it was amazing!! Here's our Day 2 update from the Conference (check yesterday's post for Day 1): • 80% of Sweden's best performing large-caps are serial acquirers (not a coincidence!) • Röko: "We can do another 28 acquisitions without hiring anyone" into their 8-person HQ team • Vitec Software Group's secret to deal flow in a new market? Educating the top 30 sell-side advisors • One acquirer's tip to maximise credibility with sellers: Bring your platform CEOs to the first meeting • Addnode Group AB (Autodesk's #1 partner) has made 84 acquisitions since 2003 - with "90%+" success rate We captured these nuggets and many more in the writeup from Day 2 - make sure you read it! Link in comments 👇 #SerialAcquisition #PrivateEquity #MergersAndAcquisitions #Rollups

Day 2 at the Redeye AB Serial Acquirers Conference. Röko CEO Fredrik Karlsson just finished presenting to a packed room. Astonishingly, 80% of best performing Swedish large caps are serial acquirers. This is on a 20 year horizon. As Chris Mayer from Woodlock joked, “I thought Röko was Swedish for making a lot of money quickly” 💰 It is not! Check tomorrow’s newsletter for answers to this - and other questions: ✅ Why buying “random” businesses like beauty salons and breweries is a viable investment strategy ✅ Why Röko can outperform peers like LIFCO AB (PUBL) and Indutrade AB ✅ How Röko can double in size without expanding the 8-person central team Links to our deep dives on Röko and LIFCO AB (PUBL) in comments 👇

📊 Still buzzing from Day 1 of Redeye AB's Serial Acquirers Conference in Stockholm! These businesses are too good not to share: • NGTG (Japan): Acquiring manufacturing businesses at 2-4x EBITDA with 85-99% leverage at 1% fixed rate. Shares tripled since February 2025 IPO! • Hasko (Sweden): 0 to $90M sales in 4 years with 19% EBITA margins. 11 acquisitions in 3 years and targeting IPO in late 2026. • Cicor Group (Switzerland): Playing the European rearmament theme through electronics manufacturing. Since 2020, revenue up >2x and EBITDA >3x. Also, the serial acquirer ecosystem is thriving - at least 3 more Swedish serial acquirers plan IPOs next year. Link to more detailed notes from Day 1 in comments 👇 Stay tuned for Day 2! #Rollups #MnA #NordicInvesting

🔊 We will soon open registration for our next event! So, for now: 1️⃣ Mark your calendar 2️⃣ Go click "Attend" to be the first to know when registration opens 3️⃣ Act fast when it does, to get those coveted early bird tickets Can't wait!

Can you guess the world's best performing listed serial acquirer? Meet Next Generation Technology Group - a Japanese 🇯🇵 holdco of profitable manufacturing companies (ticker: 319A). Since going public this February, NGTG's share price has nearly TRIPLED. NGTG's CEO Eiichi Arai has just presented at Redeye AB Serial Acquirers Conference. His investment case goes like this: ✅ Buying for 2-4x EBITDA with 85-99% leverage. Local banks happy to lend at 1% (10 year fixed!) ✅ Screen 400 targets / year -> submit 10-20 LOIs -> close 3-4 deals. c.$80M revenue with 20% margin ✅ Japan has 120,000 profitable manufacturing companies ✅ USP? According to Eiichi, Japanese business owners are "very shy" and would rather respond to outreach from other entrepreneurs, than from investors or brokers

RollUpEurope is back to Stockholm for the annual Redeye AB conference. A busy and packed schedule to: - Eat as many meatballs as possible - Stock up our liquorice reserves - Enjoy a welcoming Nordic late winter weather - ...and of course meet as many serial acquirers as possible while learning various playbooks if you are attending the conference and want to chat, DM Alex Prokofjev and Pavel Prokofiev, ACA

Shortly we’ll be heading to the beautiful (but freezing) Stockholm, where we hope to see many of you at the Redeye AB Serial Acquirers Conference. This year’s lineup in comments👇 Many thanks to Eddie Palmgren Niklas Sävås Christian Binder for hosting this powerhouse of an event, and of course for inviting RollUpEurope If you are in Stockholm on 17-18 March, and want to talk all things HoldCos / rollups, DM Pavel Prokofiev, ACA or Alex Prokofjev