In this episode we explore why we've been studying Diploma PLC, the UK-listed value-added distributor, for the last 12 months. DPLM has compounded EBITA at ~20% for over 20 years and has recently hired a new CEO that is accelerated growth. We discuss the following:

DPLM's core business model and history under Bruce

How Johnny is changing the org structure relative to other holdco serial acquirers

Changes in the M&A strategy

How we're approaching our research on DPLM for our Enterprise Tier