Through our extensive experience investing in retail companies, we have developed a thorough understanding of the various distribution channels through which products are brought to market and the value-added strategies needed to compete effectively. We have invested in seven distribution companies. Our investments in this area have been concentrated in the following three areas:
We look for value-added distribution businesses with sustainable market positions, diversified supplier and customer bases, broad inventory assortments, high margins and significant free cash flow. A list of our current and previous distribution investments can be found here.