In "Stock Market Wizards," Jack Schwager
speaks with Zanett's president Claudio Guazzoni, about his history
managing the Zanett Lombardier Fund, and his strategy behind a return of 37%
annualized over 5 years. Key to this remarkable record was the ability to search out
companies of value and "eliminating the downside". This
very same philosophy guides us at Zanett Inc today, in our search
for future acquisitions......
A Brand New Perspective for the IT Industry
Zanett is a focused effort that leverages the
explosive growth in information technology. We acquire successful
IT Service companies that target Government and Commercial
initiatives, and multiply their effectiveness under our unique
IT Commonwealth business model.
In the Commonwealth companies are aligned to be complementary
to each other. This not only increases their competitive advantage
but also enhances the financial and operating performance
of Zanett, Inc. as a whole.
Unlike traditional consolidation efforts, The Commonwealth offers an exclusive platform that
preserves key elements like brand, management, and operating practices
of each acquired consultancy. The companies remain intact, possessing the
same characteristics that have contributed to their successes and high margins.
A key aspect of our company's overall strategy is to minimize
the element of risk, while realizing a controlled pattern
of growth. The unusual ability to accomplish this lies in
the unique skills and experiences of our highly successful
management group.
Our uncommon approach attracts superior IT companies to the platform, and is what
differentiates us from other companies within the industry.
Our proprietary structure presents a winning
situation for both our member companies
and our shareholders.
IT services is rapidly becoming one of the fastest growing
sectors of the American economy, with
revenues projected to reach
$682 billion by 2006. Industries greatly utilizing IT Services
are financial services,
manufacturing and government. The 20 largest players, ie. IBM, Accenture, EDS and Computer Associates, control approximately
40% of the market. The remainder is serviced by thousands
of small and medium sized companies, many of which are successful,
profitable and growing rapidly.
We formed the IT Commonwealth to leverage this technological
revolution and offer these smaller companies a greater opportunity
for growth.
We acquire specialized
niche companies -- buttressed by excellent management,
fortified by strong financials and driven by the goal to succeed,
-- and unite them under a cohesive platform upon which we
are building our future. Our companies maintain their structure,
culture and management, but become strategically aligned to
compliment each other. This not only increases their
competitve advantage but also enhances the financial and operating
performance of Zanett Inc. as a whole.