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>Vertiv Holdings has moved deeper into AI infrastructure with its acquisition of Strategic Thermal Labs, a specialist in advanced liquid-cooling technologies, at a time when demand for high-density data center systems is accelerating sharply.</li><li>The deal terms were not disclosed, but the strategic logic is clear: Vertiv is trying to strengthen its thermal-chain capabilities from the chip level through the rack, data hall, and supporting infrastructure.</li><li>This comes shortly after Vertiv reported a strong Q1 2026, with organic sales up 23%, adjusted operating profit up 64%, and full-year guidance raised on robust AI data center demand.</li></ul>

Vertiv Holdings has moved deeper into AI infrastructure with its acquisition of Strategic Thermal Labs, a specialist in advanced liquid-cooling technologies, at a time when demand for high-density data center systems is accelerating sharply.The deal terms were not disclosed, but the strategic logic is clear: Vertiv is trying to strengthen its thermal-chain capabilities from the chip level through the rack, data hall, and supporting infrastructure.This comes shortly after Vertiv reported a strong Q1 2026, with organic sales up 23%, adjusted operating profit up 64%, and full-year guidance raised on robust AI data center demand.

Vertiv Acquisition Of Thermal Labs Could Redefine Data Center Cooling!

Vertiv Holdings Co

Vertiv Acquisition Of Thermal Labs Could Redefine Data Center Cooling!