“I really liked the serial acquirer model and quickly realised there weren’t any Australian-based serial acquirers. So, I set up ‘The PieLAB Council Capital Fund’ as an Australian focussed serial acquirer."
"we had a German firm where the CEO was 65 years old. He had always had a 10% profit margin. And then suddenly, his margin began to rise. I got suspicious..."
“The compounder model we are running is that neither organic growth nor our acquisitions should dilute our current shareholders. We have never diluted our shareholders in our 115 years of operations.”
