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>Steris plc is expanding its surgical products portfolio through a $2.1 billion agreement to acquire Xodus Medical, a Pennsylvania-based manufacturer specializing in surgical safety and operating room consumables.</li><li>Announced on October 12, 2026, the transaction would add Xodus' flagship Pink Pad patient-positioning system and other specialty products to Steris' established healthcare platform.</li><li>The acquisition comes as Steris reported 7% revenue growth and 6% constant-currency organic growth in its first quarter of fiscal 2027, supported by strength in healthcare consumables and services.</li></ul>

Steris plc is expanding its surgical products portfolio through a $2.1 billion agreement to acquire Xodus Medical, a Pennsylvania-based manufacturer specializing in surgical safety and operating room consumables.Announced on October 12, 2026, the transaction would add Xodus' flagship Pink Pad patient-positioning system and other specialty products to Steris' established healthcare platform.The acquisition comes as Steris reported 7% revenue growth and 6% constant-currency organic growth in its first quarter of fiscal 2027, supported by strength in healthcare consumables and services.

Steris' $2.1 Billion Xodus Buyout: Four Major Synergies That Could Reshape Its Growth!

STERIS

Steris' $2.1 Billion Xodus Buyout: Four Major Synergies That Could Reshape Its Growth!