DSGR: A Boring Business With A Chance To 4x
DSGR has transformed itself into a much better business.
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.