Private equity investment committee paper on Aveleda, S.A. –wine development through the eyes of Aveleda, S.A

Aveleda represents one of the most recent success cases of Portuguese wine producers. Leveraging on its heritage and reshaping Vinho Verde’s prestige around the world, Aveleda has taken advantage of the recent market trends. The Private Equity market appetite for companies with stable cash flows, fu...

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Bibliographic Details
Main Author: Pereira, Duarte Da Cunha Alves (author)
Format: masterThesis
Language:eng
Published: 2020
Subjects:
Online Access:http://hdl.handle.net/10362/105846
Country:Portugal
Oai:oai:run.unl.pt:10362/105846
Description
Summary:Aveleda represents one of the most recent success cases of Portuguese wine producers. Leveraging on its heritage and reshaping Vinho Verde’s prestige around the world, Aveleda has taken advantage of the recent market trends. The Private Equity market appetite for companies with stable cash flows, further development opportunities and efficiency gains determines this investment decision. Aveleda’s business plan is grounded on a Buy-and-Build strategy (with the acquisition of Quinta do Vallado), internationalization intensification and a complementing real estate strategy. The implied returns (3.4x Money Multiple and 27.5% Internal Rate of Return) highlight the unique opportunity that is investing in Aveleda. Keywords