Catapult takes the next step to become global leader
Shane Fitzgerald, Principal at Monash Investors, says that Catapult has only just “scraped the surface” so far in penetrating the market of elite sportspeople. Catapult currently has around 5-8% market share currently, but he think it’s possible they could achieve up to 50% in the future. Catapult recently acquired US-based sports video analytics company XOS Technologies for $US60 million ($80.1 million). The acquisition offers significant strategic value as it allows Catapult to leverage XOS’s sales team, who already have “very deep relationships” with ~168 elite teams that Catapult doesn’t currently service. “One thing we’re confident about is that where they are today is just the tip of the iceberg of where they’re going to get to. We think the stock is worth many times where it’s trading at today.” Watch the video below his thoughts on the company and its recent acquisitions.
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In 2012, Monash Investors was established by one of Australia’s most experienced fund managers in Simon Shields, the previous head of equities at both UBS and CFS, and Shane Fitzgerald a senior equity analyst from UBS and JPMorgan.
The firm was set up to manage money in a way that both Simon and Shane felt was simply smarter than riding the share market up and down, instead, attempting to achieve targeted positive returns of double digits p.a. after fees, over a full market cycle while seeking to avoid loss of capital over the medium term.
Importantly, it was the experience gained across multiple investment styles and in seeing the pitfalls in managing very large pools of capital that shaped the way the Fund is managed today.
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Monash Investors
In 2012, Monash Investors was established by one of Australia’s most experienced fund managers in Simon Shields, the previous head of equities at both UBS and CFS, and Shane Fitzgerald a senior equity analyst from UBS and JPMorgan. The firm was...
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