000 02390nam a22004215i 4500
001 978-3-8349-9634-3
003 DE-He213
005 20161121231007.0
007 cr nn 008mamaa
008 100301s2008 gw | s |||| 0|eng d
020 _a9783834996343
_9978-3-8349-9634-3
024 7 _a10.1007/978-3-8349-9634-3
_2doi
050 4 _aHJ9-9940
072 7 _aKFFD
_2bicssc
072 7 _aBUS051000
_2bisacsh
082 0 4 _a336
_223
100 1 _aHoffmann, Nils.
_eauthor.
245 1 0 _aGerman Buyouts Adopting a Buy and Build Strategy
_h[electronic resource] :
_bKey Characteristics, Value Creation and Success Factors /
_cby Nils Hoffmann.
264 1 _aWiesbaden :
_bGabler,
_c2008.
300 _aXVIII, 253 p.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
505 0 _ato buyouts -- Theoretical background for buy-and-build strategies -- Empirical study -- Conclusion and outlook.
520 _aThe number of follow-on acquisitions after the buyout of a company by a financial sponsor, so-called "buy and build strategies", has been increasing in Germany during the last years. Given that M&A transactions by strategic investors were not successful in at least half of the cases analyzed in former research studies, the question remains if and how financial sponsors manage to yield the ambitious target return of a minimum of 20% p.a. on the capital invested. Within the frame of a case study and questionnaire-based research, Nils Hoffmann investigates the key characteristics of buy and build strategies affected by private equity investors in Germany between 1998 and 2003. The author analyzes which value drivers and management strategies financial sponsors use to generate the return targeted. Furthermore, the research presented provides evidence concerning key success factors of the most profitable buy and build strategies.
650 0 _aFinance.
650 0 _aPublic finance.
650 1 4 _aEconomics.
650 2 4 _aPublic Economics.
650 2 4 _aFinance, general.
710 2 _aSpringerLink (Online service)
773 0 _tSpringer eBooks
776 0 8 _iPrinted edition:
_z9783835006980
856 4 0 _uhttp://dx.doi.org/10.1007/978-3-8349-9634-3
912 _aZDB-2-SBE
950 _aBusiness and Economics (Springer-11643)
999 _c506984
_d506984