Essays about: "Leverage Buyouts"
Showing result 1 - 5 of 16 essays containing the words Leverage Buyouts.
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1. 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 ekonomiAbstract : 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
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2. What does private equity buy? – A comparison between financial and strategic buyers in European PTP transactions 2005-2019
University essay from Göteborgs universitet/Graduate SchoolAbstract : 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
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3. Comparing Apples and Apples: The Impact of Operational Changes on Operational Performance Post LBO
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : This paper aims to determine whether operational changes in pursuit of increased efficiency, are the mechanisms through which PE firms increase target firm performance, post leverage buyouts. This is done using a dataset of 56 Swedish firms which have been targets of leveraged buyouts. READ MORE
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4. What determines leverage in leveraged buyouts? : A study of debt levels in European LBOs
University essay from Uppsala universitet/Företagsekonomiska institutionenAbstract : This paper examines the main drivers of leverage levels in private equity-sponsored leveraged buyouts (LBOs). In order to find out what drives LBO leverage, we analyse deal financing of 71 European LBO deals completed between 2005 and 2015. READ MORE
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5. The Effect of Industry Specialisation and Secondary Buyouts on Value Creation in Nordic Private Equity
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : This thesis consists of two parts. Part 1 focuses on the potential benefits of industry specialisation within Nordic private equity (PE). Using a unique dataset of 259 transactions conducted by 77 different PE firms during the period 2008-2014 in the Nordics, I show that industry specialisation has an advantage in certain situations. READ MORE