Essays about: "LBO transaction"

Showing result 1 - 5 of 11 essays containing the words LBO transaction.

  1. 1. LBO Determinants & The Financial Crisis: Evidence from Nordic Public to Private Transactions

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Jacob Hesslevik; Arjun Iyer; [2020]
    Keywords : Financial Sponsors; Leveraged Buyouts; Private Equity; Financial Characteristics; Global Financial Crisis;

    Abstract : The determinants of leveraged buyouts (LBOs) have received a lot of attention in past research after the 1980s LBO boom and mid-2000s takeover wave. This thesis aims to examine the effect of the Great Financial Crisis on the explanatory power of LBO determinants, using 62 Nordic public-to-private transactions from the last two decades. READ MORE

  3. 2. Private Equity and Innovation: Evidence from Sweden

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Dennis Mohammad; Lucas Mattsson; [2020]
    Keywords : private equity; LBO; innovation; patent;

    Abstract : Whether private equity owners create long-term value or if these investors neglect investing for the longer run in order to boost short-term returns has for long been a widely debated topic. This paper aims to investigate how long-run investments in innovation are impacted by LBO transactions on the Swedish market. READ MORE

  4. 3. Does Private Equity Affect Firm and Inventor Performance in Pursuing Innovation?

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Linnea Ekroth; Gustav Magnusson; [2016]
    Keywords : Innovation; Private Equity; Leveraged Buyout; Patent; Corporate Governance;

    Abstract : This thesis investigates the effect of leveraged buyouts on target firms' innovation performance with the purpose of providing insights into the debate on whether private equity contributes with long-term value to portfolio companies. We construct a sample of 1,186 U.S. READ MORE

  5. 4. The Determinants of Bankruptcies post LBO, - A study of North American post LBO bankruptcies 1980-2006

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi; Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : Pär Warnström; Jonas Granström; [2011]
    Keywords : Bankruptcy; Private Equity; Financial Distress;

    Abstract : This thesis aims to shed light upon the determinants of default amongst leveraged buy out targets. We study 519 North American bankruptcies of leveraged buyout transactions and examine specific characteristics of the private equity sponsor, the target firms and the economic climate at the time of the transaction. READ MORE

  6. 5. Private Equity Valuation - Beauty is in the eye of the beholder

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Fredrik Gardefors; Henrik Videberger; [2011]
    Keywords : Private equity; LBO; APV; Multiples;

    Abstract : This study compares the transaction value of 24 private equity buyouts to the calculated value using discounted cash flow valuation based on adjusted present value (APV), leverage buyout valuation (LBO) and valuation using multiples. It provides results contradicting the results of Kaplan & Ruback (1995). READ MORE