Description
Book SynopsisPraise for Private Equity
Harold Bierman has blended an excellent mix of important principles with real case study examples for a better understanding on a rather sophisticated finance subject.
-Edward M. Dudley, Vice President & General Auditor, ABB Americas
The role of private equity firms in financing buyouts as well as providing growth capital has expanded significantly in the past decade. In a clear, concise way, Harold Bierman provides a timely and astute analysis of the virtues of private equity as well as creative quantitative methodologies that are applicable to real-life transactions. This book should become essential reading for investors, intermediaries, financial advisors and the management of private, almost private, or soon-to-be private firms.
-James A. Rowan Jr., Managing Director, Investment Banking
Legg Mason Wood Walker, Inc.
As the private equity asset class has grown to over $300 billion in the last three ye
Table of ContentsThe Many Virtues of Private Equity.
Valuing the Target Firm.
Structuring and Selling the Deal.
A Changed Dividend Policy.
A Changed Capital Structure.
Merchant Banking.
Operations: The Other Factor.
The Many Virtues of Going Public.
A Partial LBO: Almost Private Equity.
Metromedia.
LBO of RJR Nabisco (1988).
Marietta Corporation (1994-1996).
The Managerial Buy-out of United States Can Company (2000).
Phillips Petroleum, Mesa and Icahn (1984-1985).
Owens-Corning Fiberglas Corporation (1986).
