Hallesche Schriften zur Betriebswirtschaft

German Buyouts Adopting a Buy and Build Strategy

Key Characteristics, Value Creation and Success Factors

Authors: Hoffmann, Nils

Buy this book

eBook $59.99
price for USA (gross)
  • ISBN 978-3-8349-9634-3
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover $79.95
price for USA
  • ISBN 978-3-8350-0698-0
  • Free shipping for individuals worldwide
  • This title is currently reprinting. You can pre-order your copy now.
About this book

The 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.

About the authors

Dr. Nils Hoffmann promovierte bei Prof. Dr. Reinhart Schmidt am Lehrstuhl für Finanzwirtschaft und Bankbetriebslehre der Martin-Luther-Universität Halle-Wittenberg. Er ist Associate Principle bei McKinsey & Company, Inc. in Düsseldorf.

Table of contents (5 chapters)

Buy this book

eBook $59.99
price for USA (gross)
  • ISBN 978-3-8349-9634-3
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover $79.95
price for USA
  • ISBN 978-3-8350-0698-0
  • Free shipping for individuals worldwide
  • This title is currently reprinting. You can pre-order your copy now.
Loading...

Recommended for you

Loading...

Bibliographic Information

Bibliographic Information
Book Title
German Buyouts Adopting a Buy and Build Strategy
Book Subtitle
Key Characteristics, Value Creation and Success Factors
Authors
Series Title
Hallesche Schriften zur Betriebswirtschaft
Series Volume
22
Copyright
2008
Publisher
Gabler Verlag
Copyright Holder
Gabler Verlag | Springer Fachmedien Wiesbaden GmbH, Wiesbaden
eBook ISBN
978-3-8349-9634-3
DOI
10.1007/978-3-8349-9634-3
Softcover ISBN
978-3-8350-0698-0
Edition Number
1
Number of Pages
XVIII, 253
Topics