TDM Quarterly - bumper holiday edition

 We are always excited to give you a peek under the hood, so to speak. We will be sharing our favourite podcasts and publications, as well as all the news from the companies we’re investing in. Wishing everyone a happy, healthy and safe holiday period.

Portfolio News - Guzman Y Gomez

Magellan Financial Group becomes a substantial shareholder; Australia's elite athletes also invest

Hamish Douglass led Magellan Financial Group Limited has announced that it has entered into an agreement to acquire a 10% shareholding in Guzman y Gomez for $86.7m, resulting in a post-money valuation for GYG of $867 million.

Guzman y Gomez also announced  that Athletic Ventures is to become a new investor. Representing a group of Australia's highest-profile male and female athletes, over 40 current elite athletes will become GYG shareholders through AV on the same commercial terms as Magellan.

Guzman y Gomez is Australia's fastest growing quick service restaurant chain specialising in made to order, clean, authentic and fresh Mexican food, currently with 147 restaurants across Australia, Singapore, Japan and the U.S.

High profile athletes from all of Australia's elite professional sporting codes as well as Olympians, Grand Slam tennis champions and World Champion surfers are now proud GYG shareholders.

2020 Sohn Hearts and Minds

The Sohn Hearts and Mind Conference has raised over $20 million for medical research since 2016, and TDM were again proud to be invited to pitch our best investment idea at this year’s virtual conference.

Below is the video of Hamish ’s full virtual presentation, where he pitches our 10 minute investment thesis in Slack Technologies (WORK:NYSE) with energy and insight.

As many of you know, just weeks after this pitch, Salesforce (NYSE:CRM) entered into a definitive agreement to acquire Slack for cUS$28 billion

TDM blog Series: "What makes great..."

TDM co-founder Ben Gisz provides another installment to our recent 'What Makes Great' blog series, honing in on what makes great investor relations. As Ben explains in his blog, the difference between a good and a poor investor relations effort can mean the difference between a company trading at a chronic discount to fair value or indeed the opposite.  Click on the photo below to read our investor relations 'checklist' in full. 

"Scaling Up" Series 3 all wrapped up

Series 3 of our podcast, "Scaling Up", was jam-packed with insights, learnings and inspiration as we explored the 'Scaling Up' stories of incredible Australian growth companies, from billion dollar tech company, SiteMinder, to bootstrapped social impact phenomenon, Who Gives A Crap. The series was bookended by two epic episodes, kicking off with one of Australia's finest modern entrepreneurs, Luke Anear, CEO and founder of SafetyCulture, and wrapping up with a huge finale from the legendary Hamish Douglass, Co-founder, CIO and Chairman of Magellan Financial Group.

Other highlights of series 3 include:

• Mike Frizell and James Edwards, co-founders of Pet Circle, providing a masterclass on growing an online business in the digital age;
• Paul Bassat, co-founder and former CEO of Seek and founder of Square Peg, shedding light on the broken model of public company boards in Australia;
• Myles Glashier, co-founder and co-CEO of Phocas Software, teaching us how to grow a productive and collaborative culture; and,
• Robbie Cooke, CEO of Tyro Payments,  providing guidance on how to ensure a smooth transition from a private to public company

Equity Mates podcast

As a follow up to Hamish's presentation at the Sohn Hearts and Mind Conference, Equity Mates asked Hamish to unpack his investment thesis in Slack and give some insight into the work he is doing at TDM.

 "Investing in and helping build businesses we are proud of"