A buyout is the purchase of all or substantially all of a company and obtaining control over it through the process. Buyouts are particularly attractive to private equity investors because they can drive organizational and operational change through the business once they control it. Prior to this course, we looked at investing from the lens of purchasing a small piece of a company. Beginning with this course, we’ll learn to also look at investing from the perspective of purchasing the entire company. By the end of this course, you’ll understand how buyouts work and how to build financial models for them in Excel.
Key Takeaways:
- How buyout works
- Sources and uses
- Modeling a buyout in Excel