We’ve acquired several dozen businesses over the years and each one of them is unique. The consistent factor is that all our businesses sell mission critical technology that is tailored to a specific vertical market. Otherwise, they vary widely in terms of geography, size, technology, and other factors. As a general guideline, we look for the following:
We acquire technology companies that sell a proprietary solution that is highly tailored to fit the needs of one or more vertical markets. Some of our businesses sell software solutions and others sell integrated systems which include hardware.
With offices in 30+ countries around the world and dozens of languages spoken among our people, borders are not a barrier to acquisition.
We are looking to further expand our footprint in our existing vertical markets, while entering into new markets with platform acquisitions.
Smaller businesses with as few as a handful of employees and larger businesses with hundreds of employees have found their home at Volaris. For smaller businesses (approximately 25 employees and below), we typically want to be geographically close or already present in that vertical.