Drivers of value creation in a secondary buyout

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 · Purpose – While secondary buyouts have gained in importance in recent years, specific drivers of value creation of this type of private equity deal are not yet well understood. Through the in-depth analysis of the acquisition of Brenntag by BC Partners, we develop propositions on the value creation profile in secondary www.doorway.ru by: 3. Originality/value - – While a secondary buyout has become a common exit route in recent years, we are the first to undertake an in-depth case analysis of a secondary buyout. Our study helps researchers and practitioners enhance their understanding of drivers behind the value creation profile of secondary buyouts. Value creation drivers in a secondary buyout Downloaded by At 28 October (PT) Eisenhardt, K. (), " Building theories from case study research ", Academy of Management.

Value creation in Leveraged Buyouts (LBO's) I have categorized Drivers for value creation into primary and secondary drivers; Primary Driver Secondary Drivers. The purpose of this paper is to identify specific drivers of value creation in secondary buyouts. While this type of private equity deal has risen in importance in recent years, it is not yet well understood. Through an in-depth analysis of the acquisition of Brenntag by BC Partners, we develop propositions on the value creation profile of secondary buyouts. Originality/value - – While a secondary buyout has become a common exit route in recent years, we are the first to undertake an in-depth case analysis of a secondary buyout. Our study helps researchers and practitioners enhance their understanding of drivers behind the value creation profile of secondary buyouts.

Secondary buyouts also staged a recovery as PE firms made the most of improved and increasingly liquid debt markets in Europe. In , sales to other PE firms. raised several concerns regarding value creation in these transactions. Evidence on the Returns and Drivers of Secondary Buyouts as Private Equity Exit. Secondary buyouts, i.e., transactions where a portfolio company is sold by one GP to another GP, are yet another investment type gaining in importance and thus.