Group 1 - The company is engaged in a buy and build strategy focused on scientific instrument companies, aiming to create shareholder value [1] - Long-term drivers of shareholder value include the growth in the global university population and the continuous aspiration for improvement in measurement and optimization [2] - The company identifies a large deal pool, noting that there were 2,000 companies in the UK alone when they started 20 years ago, indicating significant opportunities beyond the UK market [3]