GMT's Investment Team applies a consistent investment strategy focused on the European Communications Industry
GMT focuses on majority and substantial minority stakes in development capital and mid-market buyout deals. Investments are typically up to €500 million in enterprise value, with a sweet spot of €100 million to €250 million. GMT’s investment horizon, from a first infusion of capital in a company to an exit, usually spans three to five years.
Our consistent investment strategy focuses on sectors and companies that are able to build a sustainable, protected market position through one or more of the following characteristics:
Buyer behaviour
- Strong customer relationships, resulting in high level of recurring revenue
- Business-critical offering for customer, with high renewal rates
- Increased willingness to pay for value-added, differentiated content
Barriers to entry
- High entry costs, e.g. capex requirements, database replication, network scale
- High switching costs
- Proprietary, value-added content
Ability to adapt to emerging technologies
- Disintermediation
- Enhanced product offering
- Lower distribution costs