Private equity investment committee paper on Aveleda, S.A. –valuation and optimal capital structure in the wine industry

Aveledarepresents one of the most recent success cases of Portuguese wine producers. Leveraging on its heritage and reshaping VinhoVerde ́s prestige around the world, Aveledahas taken advantage of the recent market trends. The Private Equity market appetite for companies with stable cash flows, furt...

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Detalhes bibliográficos
Autor principal: Empis, José Maria Schubeius Patrício (author)
Formato: masterThesis
Idioma:eng
Publicado em: 2020
Assuntos:
Texto completo:http://hdl.handle.net/10362/105845
País:Portugal
Oai:oai:run.unl.pt:10362/105845
Descrição
Resumo:Aveledarepresents one of the most recent success cases of Portuguese wine producers. Leveraging on its heritage and reshaping VinhoVerde ́s prestige around the world, Aveledahas 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.