CSW Industrials (CSWI) is a company of which I would be happy to own 100%. The Dallas-based firm is best classified as an "industrial growth" company and embodies many of the characteristics I look for in a business.
CSW provides specialty solutions for sticky and growing industrial markets, earns attractive returns on capital, and is led by an owner-minded management team with skin in the game.
Overview
CSW Industrials was spun out of Capital Southwest in late 2015, and operates under two segments; Industrial Products and Specialty Chemicals.
The Industrial Products segment (~60% of revenue)