Publicação
Investment thesis paper - envitec biogas LBO (valuation)
| datacite.subject.fos | Ciências Sociais::Economia e Gestão | pt_PT |
| dc.contributor.advisor | Santos, Diogo Chalbert | |
| dc.contributor.author | Pochanke, Paul | |
| dc.date.accessioned | 2023-07-21T14:53:49Z | |
| dc.date.available | 2024-12-16T01:31:56Z | |
| dc.date.issued | 2023-01-10 | |
| dc.date.submitted | 2022-12-16 | |
| dc.description.abstract | 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. The paper also includes an analysis of the valuation and a discussion of the significance, advantages and disadvantages of the valuation methods used. | pt_PT |
| dc.identifier.tid | 203311043 | pt_PT |
| dc.identifier.uri | http://hdl.handle.net/10362/155652 | |
| dc.language.iso | eng | pt_PT |
| dc.relation | UID/ECO/00124/2013 | pt_PT |
| dc.subject | Private equity | pt_PT |
| dc.subject | Leveraged buyouts | pt_PT |
| dc.subject | Financial modeling | pt_PT |
| dc.subject | Corporate valuation | pt_PT |
| dc.subject | Return analysis | pt_PT |
| dc.subject | Renewable energy | pt_PT |
| dc.subject | Biomass | pt_PT |
| dc.title | Investment thesis paper - envitec biogas LBO (valuation) | pt_PT |
| dc.type | master thesis | |
| dspace.entity.type | Publication | |
| rcaap.rights | openAccess | pt_PT |
| rcaap.type | masterThesis | pt_PT |
| thesis.degree.name | A Work Project, presented as part of the requirements for the Award of a Masters Degree in Finance from the NOVA – School of Business and Economics | pt_PT |