Udu

MAY 24, 2023

Leveraged Buyout (LBO) An LBO transaction is an acquisition funded using a significant amount of debt where assets from both parties are used as collateral. Precedent Transactions Precedent transactions analysis compares an acquisition opportunity to other companies that have recently been sold or acquired in the same industry.

Due Diligence 40

Due Diligence Best Practices Leveraged Buyouts Collateral 40

Blackstone

NOVEMBER 16, 2023

With slower bank and leveraged loan growth, demand for partners in private credit is high. Private credit provided 65% of loans for the leveraged buyout (LBO) market in 2021 and 86% for the market as of year to date 2023. But because there will be winners and losers, skilled managers have an opportunity to stand out.

Leveraging 52

Leveraging Banks Debt Leveraged Buyouts 52

Pension Pulse

APRIL 25, 2024

Paula Sambo of Bloomberg reports Canada pension fund's credit head wants to take advantage of leveraged buyout boom: Canada’s largest pension fund plans to nearly double the size of its credit holdings over the next five years, and it’s counting on an upturn in leveraged buyouts to generate some of that growth.

Leveraged Buyouts 59

Leveraged Buyouts Buyout Pension Funds Mergers and Acquisitions 59

Pension Pulse

JULY 11, 2024

NAV lenders sometimes charge interest in the mid to high teens, and some borrowers have used holiday homes, art and cars as collateral. CVC Capital Partners came up with a novel use of extra leverage during its March IPO of Douglas AG. Some investors don’t want firms using such tools to flatter returns.

Buyout 59

Buyout Debt Leveraging Pension Funds 59

The Big Picture

JANUARY 24, 2023

And what was interesting was the first leveraged buyout of a public company happened when I was in graduate school. KLINSKY: In 1979, it was the first leveraged buyout of a public company. We had sold the family business, maybe buy another family business one day through a leveraged buyout. KLINSKY: Yeah.

Leveraged Buyouts 105

Leveraged Buyouts Private Equity Firms Private Equity Firms Debt 105

The Big Picture

SEPTEMBER 26, 2023

00:19:57 [Speaker Changed] So collateralized loan obligation means that there’s some underlying asset which is used as your collateral, you then break that up into different securities and different tranches and out it goes. That’s an example. That’s an interest rate sensitive asset class.

Private Equity Firms 52

Private Equity Firms Private Equity Firms Debt Banks 52

The Big Picture

JUNE 20, 2023

MORGENSON: It can be collateralized loan obligations, now it’s big private debt. Aren’t the big firms and the LBOs, the leveraged buyouts, very different than the middle market, smaller private equity firms that provide capital and equity to small companies. But so you had these dividend recaps.

Private Equity Firms 59

Private Equity Firms Private Equity Firms Financing Finance 59