Verdict first
Our answer and why, up front.
Market maps and thesis reports
We map your industry, test your plan, and hand you a short list of potential targets.
Any industry, any country. For private equity sponsors, corporate development teams, fund managers, companies and family offices.
How we map an industry
Your plan
A thesis to test, an industry to enter, or a company to grow by buying others.
Our data
Our own data, then government registers, licenses and regulator filings.
The industry, mapped
We split the industry into segments and find every owner.
Where to look
We pick the best segments and the companies that fit.
The case against
We look hard for reasons your plan could fail.
Verdict and potential targets
Whether your plan holds up, and who to approach.
What a market map gives you
The industry map
Every company in your sector, who owns it, and which are still independent.
The case against
What most people miss, and what could sink your plan.
Companies to approach
A short list of companies that fit your criteria.
Ways into the industry
Whether to go in, where, and how to start.
Who is buying
Groups buying up your sector, and what they bought.
What you take away
A written report
Figures show where they came from.
An interactive map
Sort and filter it yourself.
A spreadsheet
Check the numbers behind our answer.
Three industries we mapped
Top targets
Watch list
Ruled out
Buyers
In services that help drug makers sell, we mapped 817 firms and 149 acquisitions by 12 groups buying them up, ranked the 32 best targets, with a reason for each one ruled out.
Not the owner
The owner
In one US power grid, the owner does not decide when 51% of battery storage runs. Most often a trading arm in its own group does, so the person to call is often not the owner.
Registered
Fasteners
Distributors
In fastener distribution, we read all 893,256 businesses registered to sell to the US government: 7,411 for fasteners and hardware, 3,212 of those as distributors.
Real work, names withheld.
Sources and dates
| Figure | Where it comes from | As of |
|---|---|---|
| 817, 149, 12 and 32 | Praxis Rock map of the firms that help drug makers sell their medicines, with the 149 acquisitions made from 2018 to 2026 by the 12 groups buying the sector up, built for one healthcare investor. | April 2026 |
| 51% | Public grid and regulator records for one US power market, with each battery traced by Praxis Rock to its owner and to who decides when it runs. The share is of operating battery capacity. | September 2026 |
| 893,256, 7,411 and 3,212 | The US government's public register of the businesses it works with (SAM.gov, July 2026 extract), filtered by Praxis Rock on fastener and hardware product codes, then on distribution industry codes, for one buyer. | August 2026 |