Private equity challenge: Gerhard Schubert group - investment committee paper on a German packaging machinery manufacturer with a focus on a comprehensive analysis of the packaging machinery market

• Autor(a) principal: Grossmann, Steven Mikel
• Data de Publicação: 2021
• Tipo de documento: Dissertação
• Idioma: eng
• Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
• Texto Completo: http://hdl.handle.net/10362/142095
• topic: Valuation; Family business; Value creation; Digitization; Private equity; Esg; Leveraged buyout; Packaging machinery; Add-on; Market analysis; Carve-out; Domínio/Área Científica::Ciências Sociais::Economia e Gestão

The following paper deals with the development of an investment thesis for the potential LBO transaction of Gerhard Schubert Group, a German packaging machinery manufacturer. This paper comprises a company analysis including positioning and historical financials as well as an in-depth analysis of the packaging machinery market, including market characteristics, drivers, entry barriers and competitive landscape. On the basis of these analysis, an investment thesis and value creation strategies were developed. The value creation strategies in the areas of top-line growth, profitability, Mergers & Acquisitions (Carve-Out, Add-On) and sustainability are analysed in the business plan, which is followed by a return analysis and depiction of exit options. An analysis of the Covid-19 impact on the Private Equity industry concludes this paper.