The Acquirers Podcast · Thursday, August 6, 2026
Focus Compounding was attracted to Park America due to its regional safari parks, particularly the Georgia location, which was described as a 'cash cow'. This park alone achieved return on assets between 50% and 70%. This strong performance in Georgia suggested potential for similar success at Park America's other locations in Missouri and Texas.
“So the Georgia park, which was their cash cow, the company was doing, that park alone on a segment basis was doing upwards of 50%, 60%, 70% return on assets.”
“And for, um, public investors, you can kind of use that as an approximate for return on invested capital. And so this thing was generating so much cash flow.”
“Uh, and they believed that there was a possibility that the management team could do the same thing at those other parks.”