PRINT THIS PAGE Buy & build: Rhetoric or reality?24/02/2004. Source: PPM Ventures. 
PPM Ventures examines whether 'Buy and Build' really is the core part of private equity players' value-creation strategy that firms claim it is. Over the last six years, 270 Buy and Build transactions have been completed, roughly equally split between platform acquisition ('Buys') and follow on deals by private equity backed companies ('Builds').
This paper summarises PPM's research amongst private equity backed companies, PLCs and financial intermediaries, in an attempt to assess whether the Buy and Build mantra is a mere marketing story or a heartfelt philosophy.
Click here to view full report (pdf 52kb) You need Adobe Acrobat to read this document. If you do not have it, you can download it free from www.adobe.com/products/acrobat/readstep.html
Owned by Prudential plc, for nearly 20 years PPM Ventures has been primarily focused on mid-market management buy-outs and buy-ins with a transaction value of between €75 million and €500m. They have offices in London, Paris, Munich, Hong Kong and Sydney. In addition to direct investments, PPM is also an investor in third party private equity funds in Europe and Asia. For more on PPM Venture's activities, click here.
|
