Ferraz, Duarte PittaGrégoire, PhilippeAudin, Jean-Richard2018-01-172020-06-302017-06-30http://hdl.handle.net/10362/28423The purpose of this project work is to identify the most effective factor of value creation, between implementing a good corporate governance structure and setting up leveraged transaction structures. With the help of internal documents obtained from EQT, we have challenged some theoretical aspects to the E.On Energy from Waste case, one of the most successful deal in Europe. The data available supports the view that the maximize return will be achieved using both factors of value creation considered in this work project, acknowledging nevertheless that most of value creation is coming from long term and sustainable growth.engValue creationLeveraged buy-outPrivate equityCorporate governanceWhat are the most effective factors of value creation in LBO transactions: corporate governance vs leverage effect? case study : EQTmaster thesis201752700