Essays about: "Public-to-Private"

Showing result 1 - 5 of 13 essays containing the word Public-to-Private.

  1. 1. 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

  3. 2. Private Equity and Long-Term Investment: Evidence from Sweden

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Pontus Berg; Isac Öberg; [2020]
    Keywords : Private Equity; Leveraged Buyouts; Corporate Investment; Innovation; Financial Constraints;

    Abstract : There is a long-lasting debate on whether private equity (PE) firms invest long-term in portfolio firms, or if their short investment horizon lead to long-term growth being sacrificed to boost short-term performance. In this thesis, we examine three types of long- term investments: changes in asset investments, innovative investments and investments in personnel. READ MORE

  4. 3. 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

  5. 4. Private Equity Centrality and Club Deal Formation: Evidence from a Social Network Analysis - Subsample Analysis and Social Network Analysis in the Nordic Countries

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Francesco Brambati; [2019]
    Keywords : Private Equity; Club Deals; Social Network Analysis; Centrality;

    Abstract : In this paper, we investigate the structure of the network of relationships established between private equity firms when they form acquisition consortiums. We collected information on 1562 private equity transactions, including both sole-sponsored and club deals, across the period 2000-2017. READ MORE

  6. 5. Premiums in public buyouts and the impact of CSR

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Jakob Engdahl; Edward Herslow; [2019]
    Keywords : Premium; Corporate Social Responsibility; Public-to-private transactions; Private equity firms; Private operating firms;

    Abstract : This study investigates the differences in premiums paid in public-to-private (PTP) transactions depending on whether the acquirer is a private equity firm or a private operating firm. The study is conducted post financial crisis, during the years 2010-2018. READ MORE