Secondary Buyouts—Creating or Destroying Value for Investors?

AuthorF. Degeorge, J. Martin, L. Phalippou
Date1 sept. 2015
CatégorieRoundups
Secondary Buyouts—Creating or Destroying Value for Investors?

In the past, private equity (PE) firms seeking to exit sold their portfolio companies to another company in the same industry or organized an IPO. Today, almost half of PE exits are secondary buyouts (SBOs). Do SBOs create or destroy value for investors?

 

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