The gym group private equity challenge–group F historic financials, valuation, investment thesis & value creation

TheoverallgoalofthisthesisistheevaluationofTheGymGroup’sfeasibilityasapotentialleveragedbuyouttarget.Inthebeginning,thefirmwasinspectedfromdifferentangles,themarketthoroughlyanalyzedandthecompany’spositioninthemarketassessed.Inthefollowing,acomprehensiveappraisalofinfluencingfactorsonitsfinancialper...

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Bibliographic Details
Main Author: Wenzel, Dominik Jasper (author)
Format: masterThesis
Language:eng
Published: 2020
Subjects:
Online Access:http://hdl.handle.net/10362/105565
Country:Portugal
Oai:oai:run.unl.pt:10362/105565
Description
Summary:TheoverallgoalofthisthesisistheevaluationofTheGymGroup’sfeasibilityasapotentialleveragedbuyouttarget.Inthebeginning,thefirmwasinspectedfromdifferentangles,themarketthoroughlyanalyzedandthecompany’spositioninthemarketassessed.Inthefollowing,acomprehensiveappraisalofinfluencingfactorsonitsfinancialperformancewasconductedandgrowthdriversforecastedtocomeupwiththreedifferentcasesofhowthefirmmightdevelop.Thisknowledgewasquantifiedandthecompanysubsequentlyvaluedusingacomparablecompany,aprecedenttransaction,aDCFvaluationmethodaswellasanLBOmodel.Additionally,aninvestmentthesisandfuturestrategyregardingtheoperationsofthetargetandtheresponsibilitiesofaPEfund,suchassourcingandanexitstrategy,weredeveloped.Finally,potentialreturnswerecalculatedforthedifferentscenarios.Thesecondpartcomprisesthehistoricfinancials,valuation,investmentthesis&valuecreation.