When Ari Sass moved into the portfolio manager role at hedge fund M.D. Sass four years ago, it was a long-expected transition at the company his father had built, but Sass said he embraced it as a new opportunity. "Myself and the team really did a lot of introspection," Sass recalled, in an interview with CNBC. "... This was somewhat of a chance … to disrupt ourselves.
has been investing in acquisitions that have shifted its business from more commodity services to technology that provides greater value to the defense department. That's helping it win more contracts and grow its profit margins. "Our thesis was really more around a company somewhat transforming themselves into more value-added services," he said.
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