DSGR: A Boring Business With A Chance To 4x

DSGR has transformed itself into a much better business.

Highlights:

• Distribution Solutions Group provides specialty products and mission-critical parts for over 120,000 customers around the world.

• This seemingly ‘boring’ business is highly lucrative and in-demand. After a pair of transformative transactions, the company is set for impressive growth.

• M&A is always dicey, but with incentivized management leading the way, DSGR looks like a long-term winner.

• We believe the stock is undervalued with a reasonable chance to 4x.