Independent research on the U.S. markets, Baptista Research

Baptista Research

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. 

We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>Graco has moved to deepen its Industrial segment with a definitive agreement to acquire Valco Melton for $447 million in cash, a price that includes the present value of roughly $40 million in expected tax benefits and represents about 14x Valco Melton’s 2025 EBITDA.</li><li>The transaction, expected to close in Graco’s fiscal third quarter subject to customary conditions, would add a business that generated approximately $145 million of revenue in 2025, employs around 650 people, and serves customers in more than 80 countries.</li><li>The timing is notable because Graco’s first-quarter 2026 results showed uneven organic demand, with total sales up 2% but organic revenue down 6%, while bookings and backlog improved meaningfully in Industrial.</li></ul>

Graco has moved to deepen its Industrial segment with a definitive agreement to acquire Valco Melton for $447 million in cash, a price that includes the present value of roughly $40 million in expected tax benefits and represents about 14x Valco Melton’s 2025 EBITDA.The transaction, expected to close in Graco’s fiscal third quarter subject to customary conditions, would add a business that generated approximately $145 million of revenue in 2025, employs around 650 people, and serves customers in more than 80 countries.The timing is notable because Graco’s first-quarter 2026 results showed uneven organic demand, with total sales up 2% but organic revenue down 6%, while bookings and backlog improved meaningfully in Industrial.

Graco Buyout Move: The $447M Deal That Could Reshape Its Future!

Graco Inc

Graco Buyout Move: The $447M Deal That Could Reshape Its Future!