Private Equity investice

Main goal of this thesis is to familiarize the reader with the Private Equity industry. Firstly, the definition and characteristics of the industry, its historical development and main players are described. Second part of the work explain how a classical Private Equity fund works, its internal structure, performance, fees, method of financing and individual strategies implemented by the fund. Then the entire investment process of the fund is described, starting with the deal sourcing, followed by the acquisition process, internal approval of the transaction, methods of creating value during the ownership of the company and the subsequent sale. In practical part, I explain the whole process using the example of an investment into a specific company, where I describe the parts of the process, occurring problems and the way to solve them. I further develop the method of buy-and-build strategy, its implementation and differences from standard acquisitions.