Perimeter Solutions Seeks Acquisitions

Published: 2026-05-06 15:05:42 ET PRM

Published on 05/06/2026 at 03:05 pm EDT

Perimeter Solutions, Inc. (NYSE:PRM) is looking for acquisitions. During the Perimeter Solutions First Quarter 2026 Earnings Call, Kyle Sable, Chief Financial Officer, said, "Once CapEx needs are met, our primary focus is M&A. Our M&A framework remains consistent. We target businesses that provide a small but essential component within a broader solution to a critical customer need, operate in niche markets with strong competitive positioning and exhibit characteristics such as recurring revenue, high returns on capital and opportunities for reinvestment in add-on M&A. Importantly, we believe our value creation comes not from the acquisition itself, but from the disciplined application of our operational value drivers post close as we are already demonstrating with MMT.

Our model allows us to repeatedly identify and improve businesses using the same operational value driver playbook, creating a repeatable engine for value creation. From a capital standpoint, we retain significant flexibility. Even after the MMT acquisition, we remain modestly levered and have ample liquidity with meaningful capacity to deploy additional capital into value-creating opportunities.

We remain active in evaluating a robust pipeline of potential acquisitions and are focused on deploying capital into opportunities that meet our returns threshold and strategic criteria".