Polen Capital
Polen Global SMID Company Growth
Global Mid-cap Growth
Dec 2024 → Jun 2025
Our archive holds 4 letters from this strategy, behind 8 investment theses and positions in 6 companies. Every quote below is copied verbatim from the letter it came from.
4 letters in 2 years — follow all of Polen Capital for every strategy.
Its investment theses
- SaiaJun 2025Saia is a leading U.S. trucking company positioned for growth in the consolidating less-than-truckload segment, with attractive earnings potential and a favorable valuation.
- LottomaticaJun 2025Lottomatica is well-positioned to capitalize on the shift from offline to online gambling, driving significant revenue growth and attractive valuation compared to peers.
- LottomaticaMar 2025Lottomatica is well-positioned to capitalize on the shift from offline to online gambling, driving strong revenue and EBITDA growth at an attractive valuation of 6x FY25 EBITDA.
- SaiaMar 2025Saia is a leading U.S. trucking company that aims to consolidate in a complex industry, poised for mid-teens earnings growth despite recent cyclical challenges, purchased at a discount to peers.
- AsicsDec 2024Asics is a leading Japanese footwear manufacturer experiencing a strong turnaround and revenue growth due to a strategic focus on high-margin products, mainly in the U.S. and China.
- CellebriteDec 2024Cellebrite is a leading Israeli company in digital forensics software, experiencing strong demand for its services to help law enforcement and poised for significant revenue growth while trading at a discount compared to global peers.
- RambusDec 2024Rambus is well-positioned to deliver high-teens compound growth in earnings and free cash flow through its innovative memory solutions and strong free cash flow generation.
- SanwaDec 2024Sanwa is a Japanese building materials company expected to achieve steady growth in Japan and strong U.S. expansion, with a projected low-teens IRR and shares trading at 10x EBITDA.