The MBO Deal

Richard Westcott

At a time when many sound companies are too small, undervalued or otherwise unwanted by institutional investors, there are many possible opportunities for management to take the initiative to leave the listed sector. Management buyouts (MBOs) offer the chance to both get off the stock market treadmill and to make significant capital profits. Management teams undertaking an MBO need to understand the complexities and risks involved. This briefing provides a detailed insight into the workings of an MBO, the processes involved, the risks, the financing, the documentation and the negotiation of the deal itself. For the cost of less than half an hour of a lawyer's time, it will put you on a fairer level with the equity backers and the professionals in any negotiation. Contents include:Outline timetable Background to the MBO Setting the process in motion Due diligence Banking arrangements The business plan and model The legal documents The negotiation and structure of the transaction The acquisition of the business The conduct of the offer and closing the deal
  • Limba : Engleza
  • Cuprins :



    Executive summary

    Background to the MBO

      • Introduction
      • The early stages
      • Choosing the equity provider
      • Taking outside advice
      • The nature of the advice

      Setting the process in motion

      • Background
      • Legal agreements
      • Takeover Code requirements
      • Next steps
      • Proposal from the equity house
      • Business plan and model
      • Appointment of advisers
      • Negotiations with banks and equity house
      • Preparation of legal documents

      The venture capital industry

      • Background
      • UK providers
      • US providers
      • Venture funds

      Due diligence

      • Introduction
      • Investigating accountants' report
      • Legal due diligence
      • Property title certificates
      • Insurance report
      • Actuarial report
      • Management consultants' report
      • Economic report
      • Business processes and efficiencies report

      Banking arrangements

      • Facilities providers
      • Banking ratios
      • Data Publicarii : 2002
      • Editie : 1
      • Format : Paperback
      • Numar pagini : 160
      • ISBN : 9780273659204
      734.99 Lei
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