Tavani, Edoardo (A.A. 2019/2020) Private equity, the powerful forces reshaping capital markets and the business case of Nexi: M&A activity, IPO and company valuation. Tesi di Laurea in M&A and investment banking, Luiss Guido Carli, relatore Luigi De Vecchi, pp. 113. [Master's Degree Thesis]

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Abstract/Index

The private equity world. The private equity market in Italy. The firm capital structure. Phases of the investment process. Phases of the investment process. Screening and identification of investment opportunities. Typical target, LBOs and private equity investment. Valuation methods, valuation methods of the target company. Valuing the target company. The multiples-based valuation approach. MOIC. Exit strategies. Disinvestment through an IPO. Disinvestment through the sale of the business. Spin off. The powerful forces reshaping capital markets. The loss of shine in the IPO market. Real world case: from consolidation to divestment, the Nexi case. Focus on the digital payments sector: record-breaking run of M&A activity in the payment sector. Private equity funds acquire Nexi, strategic context and listing process. IPO highlights and capital composition.

References

Bibliografia: pp. 94-96.

Thesis Type:	Master's Degree Thesis
Institution:	Luiss Guido Carli
Degree Program:	Master's Degree Programs > Master's Degree program in Corporate Finance, English language (LM-77)
Chair:	M&A and investment banking
Thesis Supervisor:	De Vecchi, Luigi
Thesis Co-Supervisor:	Donzelli, Andrea
Academic Year:	2019/2020
Session:	Autumn
Deposited by:	Alessandro Perfetti
Date Deposited:	03 May 2021 09:40
Last Modified:	03 May 2021 09:40
URI:	https://tesi.luiss.it/id/eprint/29276

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