DST’s strategy is to become a long term partner for best in class management teams with a strong vision, values and integrity, operating best in class Internet companies paired with an ambition to build great businesses.
The companies themselves are more important than a set guideline of investment principles and we therefore have a wide range of different ownership positions, from minority stakes to majority positions, across our portfolio of companies.
So far our investments have ranged from $1 million to $200 million, with a typical deal size of between $10 million to $100 million. We prefer our companies to have a proven business model and to be profitable on an EBITDA and Net Income basis or well on a path to achieving such profitability.
DST has a strong track record of supporting its companies in making strategic acquisitions and all major M&A decisions are typically made jointly with the operating companies.