Private Equity Engineering - A study of Value-Creating Actions Undertaken by Private Equity Firms in Sweden
(2019) BUSN79 20191Department of Business Administration
- Abstract
- Title: Private Equity Engineering - A study of Value-Creating Actions Undertaken by Private Equity Firms in Sweden
Seminar date: 3rd of June 2019
Course: BUSN79, Degree Project in Accounting and Finance, 15 ECTS
Authors: Jimmy Enhammar & Jesper Qvenild
Advisor: Håkan Jankensgård
Keywords: Private Equity, Value Creation, Financial Engineering, Operational Engineering, Governance Engineering
Purpose: The purpose of this study is to explore the effects of value-creating actions that are undertaken by PE-firms on their portfolio companies on the Swedish market.
Methodology: Quantitative method with a deductive approach.
Theoretical perspectives: Value Creation Framework including Financial, Governance and... (More) - Title: Private Equity Engineering - A study of Value-Creating Actions Undertaken by Private Equity Firms in Sweden
Seminar date: 3rd of June 2019
Course: BUSN79, Degree Project in Accounting and Finance, 15 ECTS
Authors: Jimmy Enhammar & Jesper Qvenild
Advisor: Håkan Jankensgård
Keywords: Private Equity, Value Creation, Financial Engineering, Operational Engineering, Governance Engineering
Purpose: The purpose of this study is to explore the effects of value-creating actions that are undertaken by PE-firms on their portfolio companies on the Swedish market.
Methodology: Quantitative method with a deductive approach.
Theoretical perspectives: Value Creation Framework including Financial, Governance and Operational Engineering.
Empirical foundation: The empirical foundation has been obtained from Bloomberg and the Swedish House of Finance. The sample consists of 74 PE acquisitions from 2007 to 2017, and a peer group of 74 public firms.
Conclusions: We conclude that a mix of operational and governance engineering primarily drives the value creation process during the holding period. Financial engineering, on the other hand, seems to be less important in terms of value creation. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/8979504
- author
- Enhammar, Jimmy LU and Qvenild, Jesper LU
- supervisor
- organization
- course
- BUSN79 20191
- year
- 2019
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- Private Equity, Value Creation, Financial Engineering, Operational Engineering, Governance Engineering
- language
- English
- id
- 8979504
- date added to LUP
- 2019-09-30 13:58:14
- date last changed
- 2019-09-30 13:58:14
@misc{8979504,
abstract = {{Title: Private Equity Engineering - A study of Value-Creating Actions Undertaken by Private Equity Firms in Sweden
Seminar date: 3rd of June 2019
Course: BUSN79, Degree Project in Accounting and Finance, 15 ECTS
Authors: Jimmy Enhammar & Jesper Qvenild
Advisor: Håkan Jankensgård
Keywords: Private Equity, Value Creation, Financial Engineering, Operational Engineering, Governance Engineering
Purpose: The purpose of this study is to explore the effects of value-creating actions that are undertaken by PE-firms on their portfolio companies on the Swedish market.
Methodology: Quantitative method with a deductive approach.
Theoretical perspectives: Value Creation Framework including Financial, Governance and Operational Engineering.
Empirical foundation: The empirical foundation has been obtained from Bloomberg and the Swedish House of Finance. The sample consists of 74 PE acquisitions from 2007 to 2017, and a peer group of 74 public firms.
Conclusions: We conclude that a mix of operational and governance engineering primarily drives the value creation process during the holding period. Financial engineering, on the other hand, seems to be less important in terms of value creation.}},
author = {{Enhammar, Jimmy and Qvenild, Jesper}},
language = {{eng}},
note = {{Student Paper}},
title = {{Private Equity Engineering - A study of Value-Creating Actions Undertaken by Private Equity Firms in Sweden}},
year = {{2019}},
}