HOLT CAT posted on January 26, 2021 17:27
HOLT CAT put money into sectors not traditionally identified with its business in 2020
HOLT CAT CEO Peter J. Holt has hardly had time put away his company's checkbook over the past year.
The family-run business, which traditionally deals in construction equipment, has been putting money into businesses that give it a foothold in other industries. In January 2020, for example, HOLT CAT bought a renewable energy company, PCI Solar, and renamed it HOLT Renewables. In October, its venture capital arm, HOLT Ventures, invested an undisclosed sum in a construction technology firm. Finally, the company began the new year with a second purchase in six months — that of a Houston dealer of Sullair air compression systems.
Peter J. Holt at PreK for SAHolt recently spoke with the Business Journal about why the company's investment team has been so busy, what makes a good investment and what 2021 might bring.
CLICK HERE TO READ THE FULL Q&A SESSION ON BIZJOURNALS.COM