Welcome to Episode 23 of the Preferred Shares Podcast.

In this episode of the Preferred Shares podcast, hosts Devin, Doug, and Lawrence delve into the history and significance of Amphenol, a leading manufacturer of connectors. They explore the company’s evolution from its founding in the 1930s, its pivotal role during World War II, and its transition into the consumer electronics market. The discussion covers Amphenol’s IPO journey, acquisitions, and the influence of private equity firm KKR on its growth strategy. The episode concludes with insights into the company’s culture and the legacy of its founder, Arthur J. Schmidt, highlighting the importance of innovation and adaptability.

In This Episode

[01:15] Exploring Amphenol: A Company of Significance

[01:57] The Fascinating History of Amphenol

[03:22] Amphenol’s Role in World War II

[08:00] Post-War Transition and Consumer Electronics

[09:01] The IPO Journey of Amphenol

[16:17] Acquisition by LPL and Challenges Ahead

[20:12] KKR’s Influence and Growth Strategy

[22:56] Amphenol’s Market Position and Strategy

[26:45] Cultural Insights and Leadership at Amphenol

[30:05] Legacy of Arthur J. Schmidt and Future Outlook

Images

Sources

Books

Schaefer, Arthur J. Quest for Leadership: The Arthur J. Schmitt Story. Cathedral Publishing Company: Chicago, IL, 1985.

Videos & Podcasts

Additional Reading & Listening

Curious to see what else we’ve been working on? Check out some of the interesting things we’ve done recently:

* Douglas Ott (Andvari Associates and @yesandnotyes)

* 📖 TransDigm: The Early Years

* Lawrence Hamtil (Fortune Financial and @lhamtil)

* 🎙️ The Future of Defense — The History, Advances, And Outlook

* Devin LaSarre (Invariant and @DevinLaSarre)

* 📖 Foiled: A thesis on a company facing a confluence of headwinds

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Disclaimer

All opinions expressed by Preferred Shares hosts and guests are solely their own opinions and do not reflect the opinions of their respective employers. This podcast is for informational and entertainment purposes only and should not be relied upon as a basis for investment decisions. None of the information contained in the podcast or this web site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person.

Clients of Andvari and Fortune Financial may maintain positions in the securities discussed in this podcast. Furthermore, from time to time, the Hosts may hold positions or other interests in securities mentioned in the Podcast and may trade for their own accounts based on the information presented. The Hosts may also take positions inconsistent with the views expressed in its messages on the Podcast.

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