Essays about: "Leverage Buyout"

Showing result 1 - 5 of 19 essays containing the words Leverage Buyout.

  1. 1. What drives leverage in Swedish LBOs?

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Felicia Berglund; Billy Mähler; [2023]
    Keywords : Leveraged Buyout; LBO; Private Equity; PE; Leverage;

    Abstract : The capital structure of leveraged buyout (LBO) companies often differs dramatically from that of other companies. What factors drive the amount of leverage in LBO transactions are often contrasted by two different views in previous research. READ MORE

  2. 2. Financing the Nordic Energy Transition: An Empirical Analysis of Leverage, Pricing and Return Expectations in Renewable Energy Transactions

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Franziska Grünthaner; [2023]
    Keywords : Buyouts; Leverage; Valuation; Renewable Energy; Infrastructure Investment;

    Abstract : This study examines whether leverage and pricing in transactions of renewable energy infrastructure assets are impacted by the same factors that have been found to determine financial structures in buyout transactions. It primarily draws on a proprietary data set of 261 wind and solar photovoltaic (PV) transactions in the Nordics between 2011 and 2023 and explores the effect of acquirer-, asset-, and industry-specific characteristics as well as time-varying variables on leverage, pricing and return expectations. READ MORE

  3. 3. Decoding the Winning Strategy - An in-depth study of Swedish closed-end funds

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Fredrik Stenberg; Markus Albert; [2023]
    Keywords : Closed-end funds; predictability of stock returns; predicting investor targets; active ownership; Business and Economics;

    Abstract : The predictability of stock returns, prediction of buyout targets and value creation by activist owners are well-researched areas. However, Swedish closed-end funds' outstanding performance has received little attention. READ MORE

  4. 4. The Evolution of Swedish Private Equity Portfolio Companies: An Accounting-Based Performance and Valuation Approach

    University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Author : Markus Bauer; Timo Bosselmann; [2021]
    Keywords : Private Equity; Portfolio Company; Residual Income Valuation; Performance; Accounting Conservatism;

    Abstract : This study provides a comprehensive overview of operating and financial performance, bankruptcy risk, and accounting conservatism in 95 Swedish portfolio companies acquired by Private Equity (PE) firms between 2001 and 2015. It further investigates whether equity value is created on a Swedish portfolio company level. READ MORE

  5. 5. What does private equity buy? – A comparison between financial and strategic buyers in European PTP transactions 2005-2019

    University essay from Göteborgs universitet/Graduate School

    Author : Simon Möller; Angelica Yngvesson; [2020-07-08]
    Keywords : Acquisition; Leverage Buyouts; LBO; Private Equity; Public-to-Private; Takeover; Target firm;

    Abstract : This paper outlines a new approach to the takeover literature by comparing target characteristics between financial and strategic buyers in announced European Public-to-Private transactions from 2005 to 2019. We compare PE targets to non-PE targets by conducting a multivariate logistic regression model with a maximum likelihood approach. READ MORE