Q: If I am correct in my thinking, CSU grows primarily through acquisition. I remember hearing that their pipeline was huge with respect as to the number of opportunities. Perhaps those opportunities are now way cheaper and they can acquire good companies at much lower valuations.
Trying to find something positive here.....
Trying to find something positive here.....
5i Research Answer:
The thesis makes sense; Private valuations do respond to public valuations. CSU has announced two acquisitions this week (comments posted) so hopefully it is business as usual despite the market backdrop.