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Laughing Water Capital's investment thesis on Thryv Holdings Inc ($THRY) — Q2 2025 | Buyside Digest

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$THRYThryv Holdings Inc

BULL

Laughing Water Capital

Fund Letter

Q2 2025

Published July 1, 2025

View Fund Profile

$1.41USD

Current Market Price

Market Cap$109.3M

Pitch Price$12.89

Technical Chart

From the Fund Letter

The small/medium business software stock suffered a 40% decline due to tariff and recessionary fears, yet trades at a deeply discounted multiple of under 2x SaaS revenue. Hiring of former...

— Matthew Sweeney

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Far View Capital ManagementBEAR

Pitched Jan 28, 2026

Finally, we realized a meaningful loss in Thryv Holdings Inc. (THRY).

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