B. Riley FBR, Inc. Acts as Placement Agent in $225 Million Private Placement for Select Interior Concepts, Inc.
- Press Release
#3. Ben Pang
Industry covered: Semiconductor-Equipment Manufacturing
NVLS: Positive thesis delivered on all fronts. The company demonstrated share gain and improved earnings leverage. We identified the company as a likely candidate to be acquired, which did occur late in the year.
LRCX: Our positive thesis was based on their ability to outgrow the industry, but growth was hampered by slower segment growth rate and slower than expected market share gains for the clean segment.
LRCX: Acquisition of NVLS creates the potential for significant share gain in the overall equipment space.
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