Pension Pulse

JULY 11, 2024

To clear a path for a potential initial public offering that could come as early as 2026, prospective advisers have suggested pushing this debt up into the holding company or getting cash from a pre-IPO investor, the same people say. CVC Capital Partners came up with a novel use of extra leverage during its March IPO of Douglas AG.

Buyout 59

Buyout Debt Leveraging Collateral 59

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. Applying industry-specific knowledge can help to identify sector-specific risks and growth prospects, which should be factored into the valuation.

Due Diligence 40

Due Diligence Best Practices Leveraged Buyouts Collateral 40

Blackstone

NOVEMBER 16, 2023

We believe the relative strength of balance sheets, earnings predictability and cash flow growth are factors in an investment or asset class that will likely eclipse uncertain prospects of future multiple expansion in importance. With slower bank and leveraged loan growth, demand for partners in private credit is high.

Leveraging 52

Leveraging Banks Debt Leveraged Buyouts 52