Investment thesis paper - envitec biogas LBO returns and exit

Detalhes bibliográficos
Autor(a) principal: Epkenhans, Léonard Pierre
Data de Publicação: 2022
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10362/156172
Resumo: This paper is an Investment Thesis report about a hypothetical leveraged buyout of EnviTec Biogas AG, a biogas plant operator and constructor from Germany. The deal is promising due to EnviTec’s unique business model in an auspicious biogas market. The investment thesis is defined by internationalisation, a buy-and-build strategy, including two add-ons and organic growth. The LBO is valued with a 9.8x EBITDA multiple leading to an enterprise value of €436.9M, of which €250M is financed with three debt tranches. Further, the paper comprises an in-depth analysis and explanation of the returns and the exit scenarios.
id RCAP_acb3992c0db08b1308cd68f629117dd6
oai_identifier_str oai:run.unl.pt:10362/156172
network_acronym_str RCAP
network_name_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository_id_str 7160
spelling Investment thesis paper - envitec biogas LBO returns and exitPrivate equityLeveraged buyoutFinancial modelingCorporate valuationReturn analysisRenewable energyBiomassDomínio/Área Científica::Ciências Sociais::Economia e GestãoThis paper is an Investment Thesis report about a hypothetical leveraged buyout of EnviTec Biogas AG, a biogas plant operator and constructor from Germany. The deal is promising due to EnviTec’s unique business model in an auspicious biogas market. The investment thesis is defined by internationalisation, a buy-and-build strategy, including two add-ons and organic growth. The LBO is valued with a 9.8x EBITDA multiple leading to an enterprise value of €436.9M, of which €250M is financed with three debt tranches. Further, the paper comprises an in-depth analysis and explanation of the returns and the exit scenarios.Santos, Diogo ChalbertRUNEpkenhans, Léonard Pierre2023-08-02T13:24:45Z2023-01-132022-12-162023-01-13T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10362/156172TID:203311027enginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-03-11T05:38:46Zoai:run.unl.pt:10362/156172Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:56:22.303774Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Investment thesis paper - envitec biogas LBO returns and exit
title Investment thesis paper - envitec biogas LBO returns and exit
spellingShingle Investment thesis paper - envitec biogas LBO returns and exit
Epkenhans, Léonard Pierre
Private equity
Leveraged buyout
Financial modeling
Corporate valuation
Return analysis
Renewable energy
Biomass
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
title_short Investment thesis paper - envitec biogas LBO returns and exit
title_full Investment thesis paper - envitec biogas LBO returns and exit
title_fullStr Investment thesis paper - envitec biogas LBO returns and exit
title_full_unstemmed Investment thesis paper - envitec biogas LBO returns and exit
title_sort Investment thesis paper - envitec biogas LBO returns and exit
author Epkenhans, Léonard Pierre
author_facet Epkenhans, Léonard Pierre
author_role author
dc.contributor.none.fl_str_mv Santos, Diogo Chalbert
RUN
dc.contributor.author.fl_str_mv Epkenhans, Léonard Pierre
dc.subject.por.fl_str_mv Private equity
Leveraged buyout
Financial modeling
Corporate valuation
Return analysis
Renewable energy
Biomass
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
topic Private equity
Leveraged buyout
Financial modeling
Corporate valuation
Return analysis
Renewable energy
Biomass
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
description This paper is an Investment Thesis report about a hypothetical leveraged buyout of EnviTec Biogas AG, a biogas plant operator and constructor from Germany. The deal is promising due to EnviTec’s unique business model in an auspicious biogas market. The investment thesis is defined by internationalisation, a buy-and-build strategy, including two add-ons and organic growth. The LBO is valued with a 9.8x EBITDA multiple leading to an enterprise value of €436.9M, of which €250M is financed with three debt tranches. Further, the paper comprises an in-depth analysis and explanation of the returns and the exit scenarios.
publishDate 2022
dc.date.none.fl_str_mv 2022-12-16
2023-08-02T13:24:45Z
2023-01-13
2023-01-13T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/masterThesis
format masterThesis
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10362/156172
TID:203311027
url http://hdl.handle.net/10362/156172
identifier_str_mv TID:203311027
dc.language.iso.fl_str_mv eng
language eng
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv
_version_ 1799138149196103680

Registros relacionados