[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.] #  @max_katzenstein Max Katzenstein Max Katzenstein posts on X about $hlma, $hlmal, business, ceo the most. They currently have XXX followers and XX posts still getting attention that total XXX engagements in the last XX hours. ### Engagements: XXX [#](/creator/twitter::1524911821538336768/interactions)  - X Week XXXXXX +146% - X Month XXXXXXX +3,565% - X Months XXXXXXX +1,031% ### Mentions: XX [#](/creator/twitter::1524911821538336768/posts_active)  - X Week XX +36% - X Month XX +20% - X Months XX +135% ### Followers: XXX [#](/creator/twitter::1524911821538336768/followers)  - X Week XXX +26% - X Month XXX +40% - X Months XXX +270% ### CreatorRank: XXXXXXXXX [#](/creator/twitter::1524911821538336768/influencer_rank)  ### Social Influence **Social category influence** [cryptocurrencies](/list/cryptocurrencies) XXXXX% [finance](/list/finance) XXXXX% [stocks](/list/stocks) XXXXX% **Social topic influence** [$hlma](/topic/$hlma) #2, [$hlmal](/topic/$hlmal) #3, [business](/topic/business) 26.32%, [ceo](/topic/ceo) 15.79%, [products](/topic/products) 10.53%, [$jdg](/topic/$jdg) #2, [$hei](/topic/$hei) #8, [$lagr](/topic/$lagr) 10.53%, [$vitb](/topic/$vitb) #1, [$vit](/topic/$vit) #3 **Top accounts mentioned or mentioned by** [@berkelkip](/creator/undefined) [@speedwellllcs](/creator/undefined) [@sempiternoinv](/creator/undefined) [@dtmesswithtexas](/creator/undefined) [@sempiterno_inv](/creator/undefined) [@acolner](/creator/undefined) [@philippewilli](/creator/undefined) **Top assets mentioned** [Heima (HEI)](/topic/$hei) [Team Vitality Fan Token (VIT)](/topic/$vit) [Roko (ROKO)](/topic/$roko) [TransDigm Group, Inc. (TDG)](/topic/$tdg) [AME Chain (AME)](/topic/$ame) [Danaher Corporation (DHR)](/topic/$dhr) [IDEX Corporation (IEX)](/topic/$iex) [ENPRO INDUSTRIES (NPO)](/topic/$npo) [Thermo Fisher Scientific Inc. (TMO)](/topic/$tmo) [Veralto Corporation (VLTO)](/topic/$vlto) [Novanta Inc. Common Stock (NOVT)](/topic/$novt) [Illinois Tool Works Inc. (ITW)](/topic/$itw) [Amphenol Corporation (APH)](/topic/$aph) [Teledyne Technologies Incorporated (TDY)](/topic/$tdy) ### Top Social Posts Top posts by engagements in the last XX hours "EBITDA margins for serial acquirers of engineered products. Median = XX% $TDG $AME $DHR $JDG $NORBT $ITW $APH $IEX $HEI $NPO $ATCO $TMO $VLTO $TDY $HLMA $NOVT $DSCV" [X Link](https://x.com/max_katzenstein/status/1968041916328452104) 2025-09-16T19:58Z XXX followers, 4479 engagements "Trailing 15-yr organic growth (mean vs standard deviation) for a selection of high-quality serial acquires. CSU has noticeably slower growth. Judges has noticeably higher variance. $JDG $JDG.L $LAGR.B $LAGR $VIT.B $VIT $HLMA $HLMA.L $LIFCO $LIFCO.B $HEI $CSU $CSU.TO" [X Link](https://x.com/max_katzenstein/status/1917590693444260019) 2025-04-30T14:43Z XXX followers, 6249 engagements "What Halma is looking for are businesses where they can acquire the business invest time money and expertise and have the business grow at a very rapid rate - greater than XX% per year profit growth is their stated aim. - Former Halma Opco Director $HLMA $HLMA.L" [X Link](https://x.com/max_katzenstein/status/1974578403488747590) 2025-10-04T20:52Z XXX followers, XXX engagements "We tend to do more work pre-LOI so by the time we get to LOI we put forward a number that we really feel good about. - Halma Division CEO $HLMA $HLMA.L" [X Link](https://x.com/max_katzenstein/status/1975173939182944460) 2025-10-06T12:18Z XXX followers, XXX engagements "If a company requires huge capital investment it may no longer fit within our business model. Halma VP of M&A $HLMA $HLMA.L" [X Link](https://x.com/max_katzenstein/status/1975177184122663183) 2025-10-06T12:31Z XXX followers, XXX engagements "The biggest risk around M&A is misreading the market. Not so much at the time of acquisition but more about where those markets are going. Halma VP of M&A $HLMA $HLMA.L" [X Link](https://x.com/max_katzenstein/status/1975177990083399905) 2025-10-06T12:35Z XXX followers, XXX engagements "Key insight on Constellation Software (and spinoffs) that isnt talked about enough: Constellation is pretty confident that they can acquire just about any software company and take it to around XX% profitability regardless of the shape or size of that business. - Head of M&A in the Volaris Group of Constellation This confidence in margin expansion (from years of data and reps) gives them the ability to underwrite to higher margins (which competitors cannot) and thus pay up to win competitive processes if necessary. This is a true competitive advantage in the increasingly competitive world of" [X Link](https://x.com/max_katzenstein/status/1995513813739688265) 2025-12-01T15:22Z XXX followers, 123K engagements "Rko $ROKO is a nascent Swedish serial acquirer founded by the former CEO of Lifco. The interesting twist is that Rko is XXX% sector agnostic with an underwriting framework heavily driven by financial characteristics like consistent earnings growth" [X Link](https://x.com/max_katzenstein/status/1996076663965450433) 2025-12-03T04:38Z XXX followers, 4361 engagements "Thanks for sharing. Re: business quality for acquisitions I think its about where you choose to draw the line. Even very successful serial acquirers have various levels of business quality (Transdigm Halma Lifco Addtech). Fredrik would argue two things: (1) he can buy better companies because hes so diversified and (2) hes more disciplined about the financial characteristics than other acquirers but I share your skepticism on the B2C businesses" [X Link](https://x.com/max_katzenstein/status/1996221175416946739) 2025-12-03T14:13Z XXX followers, XXX engagements "@Sempiterno_Inv @BerkelKip I just think specd in engineered components/products with IP in regulated/secularly growing markets (Halma) are better businesses in general than niche distribution (Addtech)" [X Link](https://x.com/max_katzenstein/status/1996223126590439528) 2025-12-03T14:20Z XXX followers, XX engagements "Today is the 40th anniversary of the founding of Vitec Software (which makes it XX years older than $CSU) Vitec's story began with founders Olov Sandberg and Lars Stenlund who turned their passion for hobby programming into the company's first software product. $VIT $VIT.B" [X Link](https://x.com/max_katzenstein/status/1918269891876143257) 2025-05-02T11:42Z XXX followers, XXX engagements "Product / sector agnostic serial acquirers can develop an important accumulating advantage: diversification. But acquiring companies across diverse products / markets comes with the risk of making mistakes. One way to reduce potential risk is to only acquire in adjacencies rather than in completely new categories. The less knowledge you have of the target companys market or product area the higher your risk. By definition therefore the highest risk acquisitions are those which lead to diversification. David Barber founder of Halma $HLMA We continue to explore deals in core and adjacent" [X Link](https://x.com/max_katzenstein/status/1967959442101584260) 2025-09-16T14:31Z XXX followers, XXX engagements "EBITDA margins for sector-agnostic Swedish serial acquirers of product companies. Median = XX% $LIFCO $LAGR $ROKO $KARNEL $IDUN $BERG $VOLO" [X Link](https://x.com/max_katzenstein/status/1970861972787773874) 2025-09-24T14:44Z XXX followers, XXX engagements "Proactivity is really highly regarded. If that doesnt happen in a company for a while at the same time that profit is flat then theyre changing the CEO no matter if its the company founder. - Former Manager at Addtech $ADDT $ADDT.ST" [X Link](https://x.com/max_katzenstein/status/1984710538182455628) 2025-11-01T19:54Z XXX followers, XXX engagements "Former Addtech exec on typical component vs OEM dynamics: Component companies are often more profitable than the OEMs. If they have a unique product its really good If they are in a niche where they are the best which is often the case then the margin can be 20-30%. Its very rare for an OEM to have a 20-30% margin" [X Link](https://x.com/max_katzenstein/status/1985395065632456962) 2025-11-03T17:14Z XXX followers, XXX engagements "I think buying small companies that dont have enough similarities to the portfolio you already have is a challenge you should preferably find a cluster. - Addtech" [X Link](https://x.com/max_katzenstein/status/1985396397798260923) 2025-11-03T17:19Z XXX followers, XXX engagements "This 1997 speech by the founder of Halma $HLMA David Barber is a must read for understanding the business and its core philosophy. Summarized the key points in an infographic below" [X Link](https://x.com/max_katzenstein/status/1996415665356566594) 2025-12-04T03:06Z XXX followers, XXX engagements
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
@max_katzenstein Max Katzenstein
Max Katzenstein posts on X about $hlma, $hlmal, business, ceo the most. They currently have XXX followers and XX posts still getting attention that total XXX engagements in the last XX hours.
Engagements: XXX #
- X Week XXXXXX +146%
- X Month XXXXXXX +3,565%
- X Months XXXXXXX +1,031%
Mentions: XX #
- X Week XX +36%
- X Month XX +20%
- X Months XX +135%
Followers: XXX #
- X Week XXX +26%
- X Month XXX +40%
- X Months XXX +270%
CreatorRank: XXXXXXXXX #
Social Influence
Social category influence cryptocurrencies XXXXX% finance XXXXX% stocks XXXXX%
Social topic influence $hlma #2, $hlmal #3, business 26.32%, ceo 15.79%, products 10.53%, $jdg #2, $hei #8, $lagr 10.53%, $vitb #1, $vit #3
Top accounts mentioned or mentioned by @berkelkip @speedwellllcs @sempiternoinv @dtmesswithtexas @sempiterno_inv @acolner @philippewilli
Top assets mentioned Heima (HEI) Team Vitality Fan Token (VIT) Roko (ROKO) TransDigm Group, Inc. (TDG) AME Chain (AME) Danaher Corporation (DHR) IDEX Corporation (IEX) ENPRO INDUSTRIES (NPO) Thermo Fisher Scientific Inc. (TMO) Veralto Corporation (VLTO) Novanta Inc. Common Stock (NOVT) Illinois Tool Works Inc. (ITW) Amphenol Corporation (APH) Teledyne Technologies Incorporated (TDY)
Top Social Posts
Top posts by engagements in the last XX hours
"EBITDA margins for serial acquirers of engineered products. Median = XX% $TDG $AME $DHR $JDG $NORBT $ITW $APH $IEX $HEI $NPO $ATCO $TMO $VLTO $TDY $HLMA $NOVT $DSCV"
X Link 2025-09-16T19:58Z XXX followers, 4479 engagements
"Trailing 15-yr organic growth (mean vs standard deviation) for a selection of high-quality serial acquires. CSU has noticeably slower growth. Judges has noticeably higher variance. $JDG $JDG.L $LAGR.B $LAGR $VIT.B $VIT $HLMA $HLMA.L $LIFCO $LIFCO.B $HEI $CSU $CSU.TO"
X Link 2025-04-30T14:43Z XXX followers, 6249 engagements
"What Halma is looking for are businesses where they can acquire the business invest time money and expertise and have the business grow at a very rapid rate - greater than XX% per year profit growth is their stated aim. - Former Halma Opco Director $HLMA $HLMA.L"
X Link 2025-10-04T20:52Z XXX followers, XXX engagements
"We tend to do more work pre-LOI so by the time we get to LOI we put forward a number that we really feel good about. - Halma Division CEO $HLMA $HLMA.L"
X Link 2025-10-06T12:18Z XXX followers, XXX engagements
"If a company requires huge capital investment it may no longer fit within our business model. Halma VP of M&A $HLMA $HLMA.L"
X Link 2025-10-06T12:31Z XXX followers, XXX engagements
"The biggest risk around M&A is misreading the market. Not so much at the time of acquisition but more about where those markets are going. Halma VP of M&A $HLMA $HLMA.L"
X Link 2025-10-06T12:35Z XXX followers, XXX engagements
"Key insight on Constellation Software (and spinoffs) that isnt talked about enough: Constellation is pretty confident that they can acquire just about any software company and take it to around XX% profitability regardless of the shape or size of that business. - Head of M&A in the Volaris Group of Constellation This confidence in margin expansion (from years of data and reps) gives them the ability to underwrite to higher margins (which competitors cannot) and thus pay up to win competitive processes if necessary. This is a true competitive advantage in the increasingly competitive world of"
X Link 2025-12-01T15:22Z XXX followers, 123K engagements
"Rko $ROKO is a nascent Swedish serial acquirer founded by the former CEO of Lifco. The interesting twist is that Rko is XXX% sector agnostic with an underwriting framework heavily driven by financial characteristics like consistent earnings growth"
X Link 2025-12-03T04:38Z XXX followers, 4361 engagements
"Thanks for sharing. Re: business quality for acquisitions I think its about where you choose to draw the line. Even very successful serial acquirers have various levels of business quality (Transdigm Halma Lifco Addtech). Fredrik would argue two things: (1) he can buy better companies because hes so diversified and (2) hes more disciplined about the financial characteristics than other acquirers but I share your skepticism on the B2C businesses"
X Link 2025-12-03T14:13Z XXX followers, XXX engagements
"@Sempiterno_Inv @BerkelKip I just think specd in engineered components/products with IP in regulated/secularly growing markets (Halma) are better businesses in general than niche distribution (Addtech)"
X Link 2025-12-03T14:20Z XXX followers, XX engagements
"Today is the 40th anniversary of the founding of Vitec Software (which makes it XX years older than $CSU) Vitec's story began with founders Olov Sandberg and Lars Stenlund who turned their passion for hobby programming into the company's first software product. $VIT $VIT.B"
X Link 2025-05-02T11:42Z XXX followers, XXX engagements
"Product / sector agnostic serial acquirers can develop an important accumulating advantage: diversification. But acquiring companies across diverse products / markets comes with the risk of making mistakes. One way to reduce potential risk is to only acquire in adjacencies rather than in completely new categories. The less knowledge you have of the target companys market or product area the higher your risk. By definition therefore the highest risk acquisitions are those which lead to diversification. David Barber founder of Halma $HLMA We continue to explore deals in core and adjacent"
X Link 2025-09-16T14:31Z XXX followers, XXX engagements
"EBITDA margins for sector-agnostic Swedish serial acquirers of product companies. Median = XX% $LIFCO $LAGR $ROKO $KARNEL $IDUN $BERG $VOLO"
X Link 2025-09-24T14:44Z XXX followers, XXX engagements
"Proactivity is really highly regarded. If that doesnt happen in a company for a while at the same time that profit is flat then theyre changing the CEO no matter if its the company founder. - Former Manager at Addtech $ADDT $ADDT.ST"
X Link 2025-11-01T19:54Z XXX followers, XXX engagements
"Former Addtech exec on typical component vs OEM dynamics: Component companies are often more profitable than the OEMs. If they have a unique product its really good If they are in a niche where they are the best which is often the case then the margin can be 20-30%. Its very rare for an OEM to have a 20-30% margin"
X Link 2025-11-03T17:14Z XXX followers, XXX engagements
"I think buying small companies that dont have enough similarities to the portfolio you already have is a challenge you should preferably find a cluster. - Addtech"
X Link 2025-11-03T17:19Z XXX followers, XXX engagements
"This 1997 speech by the founder of Halma $HLMA David Barber is a must read for understanding the business and its core philosophy. Summarized the key points in an infographic below"
X Link 2025-12-04T03:06Z XXX followers, XXX engagements