A carregar...
Publicação
Investment thesis paper - envitec biogas LBO returns and exit
| Nome: | Descrição: | Tamanho: | Formato: | |
|---|---|---|---|---|
| 249.87 KB | Adobe PDF |
Autores
Orientador(es)
Resumo(s)
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.
Descrição
Palavras-chave
Private equity Leveraged buyout Financial modeling Corporate valuation Return analysis Renewable energy Biomass