Buyouts - Publications - Faculty & Research

16 Feb 2004
Research & Ideas

European Private Equity—Still a Teenager?

U.S. Buyouts in Europe are more common than early-stage investing; the reverse may be true in the U.S. Phenomena such as multiple buyouts—a buyout of a buyout of a buyout—are... View Details

Keywords: by Martha Lagace; Financial Services

01 Dec 2001
News

BOOK: Creating Value through Corporate Restructuring

by Stuart C. Gilson (John Wiley & Sons) News of major job cuts, bankruptcies, mergers, and buyouts seems to dominate the headlines these days, as global economic forces put pressure on companies to adapt in pursuit of higher market value.... View Details

Keywords: Margie Kelley

Reginald F. Lewis

Just 10 years after founding his investment ventures firm, Lewis had established a $2.5 billion financing business, the largest firm owned by an African American in United States history. Through his purchase of Beatrice Food Company, he netted the largest offshore... View Details

Keywords: Finance

01 Dec 2006
News

Enron’s Legacy

If Enron had been owned and controlled by a small group of private-equity investors, could the monitoring and control practices of a professionally run buyout shop have protected Enron’s shareholders and employees from the problems that... View Details

Keywords: Malcolm S. Salter; Enron; Finance

Vaughn L. Beals, Jr.

Beals and fellow AMF executives orchestrated a leveraged buyout of Harley-Davidson in 1981 when it was on the brink of collapse. Through the adoption of quality management approaches and prudent investments, Beals and his team are... View Details

Keywords: Automotive & Aerospace

Linda J. Wachner

women to touch, something that had never been done before. Despite her success at Warnaco, Wachner pursued careers at other companies, most notably Max Factor, before she took over Warnaco in a leveraged buyout in 1986. Cutting... View Details

Keywords: Fabric & Apparel

29 Dec 2019
Research & Ideas

Read Our Most Popular Research Stories of 2019

dynamic distinction helps for understanding whether and how sustainability practices can help companies establish a competitive advantage over time. The Economic Effects of Private Equity Buyouts This study of 6,000 private equity View Details

Keywords: by Sean Silverthorne

June 19, 1991
Article

What Went Wrong With the LBO Boom

Keywords: Leveraged Buyouts

Citation

Find at Harvard

Career Coach

Liuna Fekravar

internship at Carlyle in its special situations credit investing team. She spent this past summer interning with Lindsay Goldberg in NYC, driven by a motivation to pivot into a generalist buyout role where she could also exercise her... View Details

12 PM – 1 PM EST, 29 Nov 2018
Webinars: Career

The Shiny Penny: How to Maximize the M&A Value of your Company

Angel investor Steve Kirschner explains how to maximize the M&A valuation of your company heading into a private sale.

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J. Richard Munro

1990, after turning down a buyout offer from Paramount. Though the company suffered losses in 1989, primarily due to the purchase of Warner, Munro’s media giant boasted strong positions in a wide array of markets and earned revenues of... View Details

Keywords: Publishing & Print Media

01 Sep 2007
News

Back from the Brink

buyout of ZeroChaos in 2004, Mills projects the firm to be a $1 billion operation by 2010. “It’s always a great discussion to have with your wife when you’ve got three kids and a mortgage, but she was the one who looked me in the eye and... View Details

Keywords: Management, Scientific, and Technical Consulting Services; Professional Services

1993
Chapter

Lessons from a Middle-Market LBO: The Case of O.M. Scott

By: George P. Baker and Karen H. Wruck

Keywords: Leveraged Buyouts

Citation

November 1989 (Revised December 1996)
Supplement

Wisconsin Central Ltd. Railroad and Berkshire Partners (B): LBO Associations and Corporate Governance

By: Michael C. Jensen

Describes the resolution of the default situation. Further examines the internal control mechanisms and distinct role of the board of directors of a typical LBO association. View Details

Keywords: Corporate Governance; Leveraged Buyouts; Rail Industry

Citation

Purchase

10 Mar 2017
News

As Head of Fidelity, Abigail Johnson Is Just Getting Started

buyout plan, looking to trim 3,000 senior staff from its 45,000 employees in order to make room for younger hires. According to industry analysts, the moves are designed to protect and expand upon Fidelity’s status as the largest American... View Details

Keywords: Securities, Commodities, and Other Financial Investments; Finance

29 Jan 2008
First Look

First Look: January 29, 2008

http://www.hbs.edu/research/pdf/08-048.pdf The Private Equity Advantage: Leveraged Buyout Firms and Relationship Banking Authors:Victoria Ivashina and Anna Kovner Abstract This paper examines the impact of leveraged View Details

Keywords: Martha Lagace

24 Jul 2000
Research & Ideas

Something Ventured, Something Gained: A European View of Venture Capital

fundraising there were traditionally far more modest, with the bulk of it in Great Britain; buyouts and later-stage investment opportunities were the prevailing mindset; and the requirements of the established stock exchanges made going... View Details

Keywords: by James E. Aisner; Financial Services

October 2013
Case

Advantage Partners: Dia Kanri (A)

By: Paul A. Gompers, Nobuo Sato and Akiko Kanno

This case explores the opportunity to purchase the condominium management business of a distressed real estate developer by Advantage Partners, a leading Japanese private equity firm. The case explores investment structuring, bidding strategy, and the ability of... View Details

Keywords: Private Equity; LBO; Roll-up; Investment; Financing; Condominium Management; Leveraged Buyouts; Asia

Citation

Educators

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