Essays about: "Secondary Buyout"

Showing result 1 - 5 of 11 essays containing the words Secondary Buyout.

  1. 1. Unwrapping the "Pass the Parcel" Deals - A Study of Value Creation in Secondary Buyouts

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

    Author : Filippa Stridh; Michaela Sandberg; [2021]
    Keywords : Private equity; Leveraged buyout; Secondary buyout; Value creation; Propensity score matching;

    Abstract : This thesis examines the economic rationale of secondary buyouts and whether they provide scope for operational value creation. We formulate a series of four hypotheses to investigate two distinct categories of value sources: i) growth and ii) efficiency. READ MORE

  2. 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

  3. 3. The Eternal Fight Against Bugs

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Christopher Brandeborn; Tim Lundqvist; [2020]
    Keywords : Private Equity; Secondary Buyout; Buy-and-Build; Value Creation; Extension Fund;

    Abstract : Our thesis aims to highlight strategies for long-term value creation in private equity, evaluate the performance of extended funds and discuss the dynamics around the decision to extend or exit investments. In order to achieve this, we perform a single case study of EQT's investment in Anticimex and a quantitative analysis of returns for a larger sample of US and EU private equity funds. READ MORE

  4. 4. The Effect of Industry Specialisation and Secondary Buyouts on Value Creation in Nordic Private Equity

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Oscar Haglund; [2019]
    Keywords : Private Equity; Industry Specialisation; Heterogeneity; Value Creation; Secondary Buyouts;

    Abstract : 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

  5. 5. Striving for Privacy : A comparative case study on the strategic implications post public-to-private for family and non-family firms in Sweden

    University essay from Högskolan i Jönköping/Internationella Handelshögskolan

    Author : Gustav Dalunde; Sara Carlén; [2018]
    Keywords : Strategic Public to Private; Buyout; Family Business; Private Equity Buyout; Buyback; Going Private; Public to Private Changes; Continental Europe;

    Abstract : Public-to-private (PTP) refers to the strategic action of consciously leaving the stock market. The delisting decision may be made when the benefits of being listed no longer outweigh the costs. READ MORE