Gutscheinbedingungen

*Gültig bis 07.06.2026 auf (fast) alles. Ausgeschlossen sind Smartboxen, Zeitschriften, Tickets, Lebensmittel, Gaming-Elektroartikel, Tinte/Toner, Gutscheine, Geschenkkarten, Blumen und Abos | Einlösbar in allen Buchhandlungen von Orell Füssli, Barth Bücher, Buchladen Rapunzel, Schuler Orell Füssli, Stauffacher und ZAP unter Vorweisung des Gutscheins, auf www.orellfüssli.ch durch Eingabe des Gutscheincodes. Beim Service „eBooks verschenken“ und bei eBook-Käufen via eReader nicht einlösbar | Mindesteinkaufswert: Fr. 100.- | Nicht mit anderen Rabatten kumulierbar.

Produktbild: Buyouts

Buyouts Success for Owners, Management, PEGs, ESOPs and Mergers and Acquisitions. + Website

Aus der Reihe Wiley Finance Editions

Fr. 113.00

inkl. gesetzl. MwSt., Versandkostenfrei


Beschreibung

Produktdetails

Einband

Gebundene Ausgabe

Erscheinungsdatum

04.09.2012

Verlag

John Wiley & Sons Inc

Seitenzahl

352

Maße (L/B/H)

23.5/15.7/2.3 cm

Gewicht

657 g

Auflage

1. Auflage

Sprache

Englisch

ISBN

978-1-118-22909-5

Beschreibung

Produktdetails

Einband

Gebundene Ausgabe

Erscheinungsdatum

04.09.2012

Verlag

John Wiley & Sons Inc

Seitenzahl

352

Maße (L/B/H)

23.5/15.7/2.3 cm

Gewicht

657 g

Auflage

1. Auflage

Sprache

Englisch

ISBN

978-1-118-22909-5

Herstelleradresse

Libri GmbH
Europaallee 1
36244 Bad Hersfeld
DE

Email: gpsr@libri.de

Kundinnen und Kunden meinen

0 Bewertungen

Informationen zu Bewertungen

Zur Abgabe einer Bewertung ist eine Anmeldung im Konto notwendig. Die Authentizität der Bewertungen wird von uns nicht überprüft. Wir behalten uns vor, Bewertungstexte, die unseren Richtlinien widersprechen, entsprechend zu kürzen oder zu löschen.

Die Bewertungen sind nach Format, Anzahl Sterne und Datum sortiert.

Verfassen Sie die erste Bewertung zu diesem Artikel

Helfen Sie anderen Kund*innen durch Ihre Meinung

Kundinnen und Kunden meinen

0 Bewertungen filtern

Die Leseprobe wird geladen.
  • Produktbild: Buyouts
  • Acknowledgments xvii

    Introduction The New Reality for Business Owners in 2012 1

    The Middle Market 2

    Not Another Mergers and Acquisitions Book 3

    Chapter Organization 4

    Chapter 1 Buyout Examples 7

    Case Study-SRC Holdings, Corporation 7

    Case Study-SSG Financial Services 11

    Case Study-Quality Assembly and Logistics, LLC 14

    Case Study-Jumbo Heater & Manufacturing Lessons Learned 18

    Summary 19

    Chapter 2 The Economy 21

    Brief Overview of the Current Recession 21

    Near Term Regulatory Environment-Tax Increases 25

    The Longer View 26

    Summary 27

    Chapter 3 Finance 29

    Community Banks 30

    Regional and National Money Center Banks 32

    Mezzanine Funds 33

    Private Equity 34

    Small Business Administration and Government Sources 35

    Seller Notes 36

    Summary 37

    Chapter 4 Valuations 39

    Purpose of the Valuation 40

    Determining the Transaction Consideration 41

    Standard of Value for Transactions 42

    Types of Buyers and Sellers 46

    Attributes of Ownership-Control and Minority Positions 47

    Lack of Marketability 49

    Additional Adjustments to Valuation 50

    Three Valuation Approaches: Income, Market, Asset 50

    Summary 61

    Chapter 5 Industries and Businesses 63

    Technology and Software 64

    Communications 65

    Energy 65

    Commodity Goods-Retail Food and Agriculture 65

    Healthcare 65

    Manufacturing 66

    Construction 66

    Main Street Businesses 66

    Discretionary Products and Services Industries 67

    Professional Services 67

    Summary 67

    Chapter 6 Professional Advisors 69

    Attorneys 69

    Certified Public Accountant 70

    Financial Advisors 71

    Investment Bankers 72

    Behavioral Science 73

    Key Employees 75

    Board Members or Advisory Members 76

    Family 76

    Summary 77

    Chapter 7 Documents and Due Diligence 79

    Due Diligence for the Seller 79

    Due Diligence for the Buyer 83

    Common Documents and Key Covenants 86

    Summary 90

    Chapter 8 Short Course on Taxes 91

    Tax Issues for the Seller 91

    Tax Issues for the Buyer 98

    Summary 101

    Chapter 9 Buyouts-Non-Sponsored Management 103

    Advantages 104

    Cautions 105

    Valuation Insights 107

    Viewpoint of the Seller 109

    Viewpoint of the Buyer 111

    Professional Advisors 112

    Risk Environment 114

    Technical Matters 115

    Summary 125

    Chapter 10 Buyouts-Sponsored Management 127

    Advantages 128

    Valuation 131

    Viewpoint of the Seller 132

    Viewpoint of the Buyer 133

    Professional Advisors 137

    Risk Environment 138

    Technical Matters 142

    Summary 144

    Chapter 11 Buyouts-Sponsored 145

    Advantages 146

    Cautions 147

    Valuation 148

    Viewpoint of the Seller 150

    Viewpoint of the Buyer 151

    Professional Advisors 153

    Risk Environment 153

    Technical Matters 156

    Summary 157

    Chapter 12 Buyouts-Management and Employee Stock Ownership Plans and Trust 159

    Advantages 160

    Cautions 163

    Valuation Insights 165

    Viewpoint of the Seller 166

    Viewpoint of the Buyer 168

    Professional Advisors 169

    Risk Environment 171

    Technical Matters 180

    Summary 190

    Chapter 13 Buyouts-100% Employee Stock Ownership Plan and Trust 191

    Advantages 192

    Cautions 195

    Valuation Insights 197

    Viewpoint of the Seller 198

    Viewpoint of the Buyer 199

    Professional Advisors 201

    Risk Environment 202

    Technical Matters 210

    Summary 214

    Chapter 14 Buyouts-Professional Firms 215

    Architectural and Engineering, Public Accounting, and Management Consulting Firms 215

    Architectural and Engineering Firms 218

    Public Accounting Firms 224

    Management Consulting Firms 230

    Summary 233

    Chapter 15 Buyouts Using Parallel Companies 235

    Advantages 236

    Cautions 237

    Valuation Insights 238

    Viewpoint of the Seller 239

    Viewpoint of the Buyer 239

    Professional Advisors 240

    Risk Environment 241

    Technical Matters 244

    Summary 244

    Chapter 16 Buyouts with Family and Management 245

    2010 Tax Law Update 245

    Advantages 246

    Cautions 248

    Valuation Insights 249

    Viewpoint of the Seller (Founding Generation) 250

    Viewpoint of the Buyer (Next Generation) 251

    Professional Advisors 253

    Risk Environment 254

    Technical Matters 256

    Summary 265

    Chapter 17 Buyouts with Employee Cooperatives 267

    Advantages 268

    Cautions 270

    Valuations 271

    Viewpoint of the Seller 271

    Viewpoint of the Buyer 272

    Professional Advisors 272

    Risk Environment 273

    Technical Matters 277

    Summary 281

    Chapter 18 Buyouts of the Smallest Companies 283

    Advantages 283

    Cautions 284

    Valuation 285

    Viewpoint of the Seller 286

    Viewpoint of the Buyer 287

    Professional Advisors 288

    Risk Environment 288

    Technical Matters 289

    Summary 291

    Chapter 19 Inside Buyouts Compared with Sale to Outsider 293

    Relative Negotiating Strength 293

    Where's the Money? 294

    Asset or Stock Sale 296

    Contingency Payments 298

    The Day After 298

    Time Uncertain-Getting to the Close 299

    Investment Bankers and Intermediaries 299

    Common Third-Party Buyers 300

    Summary 302

    About the Website 305

    Index 307