Private Equity Case Study, Retail (to do in 4 HOURS), $136.71

This is a 6 page case study, similar to what you woudl get in the investment case/modelling test interview session at a private equity firm. The file contains: (i) a 6 page case study (ii) a worked out word document answer (iii) a full LBO model (iv) guidance notes on how to best answer case studies. Note this is NOT COMPATIBLE WITH MAC/APPLE PRODUCTS.

Dechaux is a leading regional grocer in Germany and France.The founding family has expanded its empire into the luxury goods and telecommunication industry, and is now considering selling its grocery activities to focus on those sectors.You have been provided with summry information about the business, industry, financials and operations - bids are due in a few days are you are now asked to:

Write a brief investment recommendation addressing:
a) what price are you willing to pay
b) what IRR will you expect?
c) what are the key drivers and sensitivities of your analysis?
d) what are the investment merits and risks?
e) what due diligence would you perform as a next step?

The case study, financial model and powerpoint slides are included in the answer file.