Target Hospitality (TH): Leader in Vertically Integrated Specialty Accommodations

Target Hospitality is the largest vertically integrated specialty rental and hospitality services company in the United States. The company owns an extensive network of geographically relocatable rental accommodation units comprised of ~13,000 beds across 22 sites serving the country’s highest producing oil and gas basins. Most of the company’s revenues are generated under multi-year “take-or-pay” … Continue reading Target Hospitality (TH): Leader in Vertically Integrated Specialty Accommodations

One Man’s Trash Is Another Man’s Treasure (ESTR/ESTRW)

Estre Ambiental is the largest waste management company in Brazil and Latin America formed via a SPAC offering with Boulevard Acquisition Corp II in December 2017. The company provides collection, transfer, recycling and disposal services to more than 31 million people. Estre (ESTR) is also the sole owner of the largest number of regulated landfills … Continue reading One Man’s Trash Is Another Man’s Treasure (ESTR/ESTRW)

SPAC’s Never Tasted So Good … Hostess Brands, Inc. Analysis

"Know what you own, and know why you own it." - Peter Lynch Most of my job as an investor is to understand the businesses that I own; and if I'm lucky, to understand those businesses better than those selling their shares. Since I spend most of my time in the smaller, illiquid spaces of … Continue reading SPAC’s Never Tasted So Good … Hostess Brands, Inc. Analysis