Frankfurt (Main), Univ., Diss., 2008 / Enth. 4 Sonderabdr.

Univ., Diss.--St. Gallen, 2004. / Auch als: Entrepreneurial and financial studies ; Bd. 5.

Frankfurt (Main), University, Diss., 2008. / Enth. 4 Sonderabdr.

No description available.

A research report submitted to the Faculty of Engineering and the Built Environment, University of the Witwatersrand, in fulfilment of the requirements for the degree of Masters in Engineering, May 2016 / The South African Private Equity Industry collects billions of Rands from investors locally and abroad and utilises this cash to purchase controlling shares in companies operating within Africa. Within 5 to 10 years of purchase, these companies are purposefully altered, upgraded and moulded prior to resale. Each Private Equity firm has different growth targets, but the generally expected result should be a multiplication of the funds invested over that time. The mechanism by which these firms accomplish such a result was of strategic importance for business people whom wish to decode the route to success and apply the same actions in their organisations, or those they wish to evaluate for purchase. This research aims to bridge a particular aspect of this process by acknowledging that the choice of company to purchase was critical to the overall ability to grow and dispose of the company in the allotted timeframe. In the run up to purchasing a company, Private Equity will contract external firms to delve into a potential Target Firm. These Service Firms will report into the Private Equity client on particular aspects of operations, finance and legality that would affect future running and risk profiles. These reports would inform the buying decision, potential pricing structures and legalities of ownership transfer right up to the point of sale. The evaluation stages are graphically modelled as three distinct but sequential Phases at the end of an extensive literature review. This Conceptual Model is tested against the results of a series of semistructured interviews held with industry experts. The opinions of local Private Equity and Service Firm respondents are sorted, refined and presented as a more detailed Modified Model at the end of the report. It was found that through substantial refinement of disconnected data, the available literature largely agreed with expert opinion in practice. The research concludes that the proposed evaluation Models constitute a useful starting platform from which to conduct future research into specific aspects of Private Equity activity. / MT2016

No description available.

The private equity market has been a hot topic of debate since it first started to emerge. As it has become more frequently apparent in the Swedish economic and financial market, the debate regarding its impact in Sweden has also risen. The debate contains various opinions whether the private equity firms, through buyouts uses tax breaks or arbitrage opportuni-ties to "quick flip" the investments on the expense of workers and wages or if the PE firms create operational and economic value. Previous studies regarding this topic have mostly been conducted in the U.S, Canada or to some extent in the U.K. This paper aims to, through a quantitative method, investigate and present whether the buyouts have an impact on Swedish portfolio companies or not, and if they do, what kind of impact the buyouts have. This will be done through an event study, based on data collection from portfolio companies that have experienced a buyout made by a private equity firm. The data will then be compared with data from peer groups and ana-lyzed through statistical methods in SPSS. The main findings in this thesis suggest that buyouts do not have, neither a positive nor negative impact on the performance of portfolio companies in Sweden. The tests allow us to conclude that PE firms do not have market timing skills. Neither can we conclude that PE firms cause layoffs of workers or lowering of wages.

No description available.

Zugl.: Vaduz, Hochsch. Liechtenstein, Bachelorarbeit, 2008.

Zugl.: München., Universiẗat, Diss., 2008.