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>RPM International has recently announced that its Tremco Construction Products Group (CPG) has entered into a definitive agreement to acquire Kalzip GmbH, a leading German provider of aluminum building envelope solutions.</li><li>This move, set to close in the fourth quarter of RPM’s fiscal 2026 pending customary closing conditions, signals a deeper push into global infrastructure markets by the coatings and construction chemicals manufacturer.</li><li>With Kalzip’s strong presence in Europe and India and capabilities in advanced roofing and façade systems, RPM appears to be leveraging M&A to broaden its system-based solutions and turnkey offerings, core pillars that have underpinned recent segment growth.</li></ul>

RPM International has recently announced that its Tremco Construction Products Group (CPG) has entered into a definitive agreement to acquire Kalzip GmbH, a leading German provider of aluminum building envelope solutions.This move, set to close in the fourth quarter of RPM’s fiscal 2026 pending customary closing conditions, signals a deeper push into global infrastructure markets by the coatings and construction chemicals manufacturer.With Kalzip’s strong presence in Europe and India and capabilities in advanced roofing and façade systems, RPM appears to be leveraging M&A to broaden its system-based solutions and turnkey offerings, core pillars that have underpinned recent segment growth.

RPM International’s Kalzip Buyout: A Hidden Growth Engine or a Risky Expansion?

Rpm International

RPM International’s Kalzip Buyout: A Hidden Growth Engine or a Risky Expansion?