Over the past ten years, private equity and venture capital have played an increasingly important role in the European economy. In parallel to the increase in investments, contribution of the private equity and venture capital industry to employment in Europe has grown. Against this background,...

Over the past ten years, private equity and venture capital have played an increasingly important role in the European economy. In parallel to the increase in investments, contribution of the private equity and venture capital industry to employment in Europe has grown. Against this background,...

In this study we use a sample of 332 European mid-market buy-out transactions initiated by private equity firms over the period 1990 to 2011. The focus of this research is to identify and quantify the value creation drivers in buy-out transactions. For that purpose we use a novel methodology for...