Butler Capital Partners and Autodistribution: Putting Private Equity to Work in France

Describes a proposed buyout transaction of Autodistribution, an entrepreneurial firm that is the leading car-parts distributor in France. The deal became feasible because of a failed takeover battle for Autodistribution's parent company. Private equity investor Butler Capital Partners must make an investment decision within three weeks. Other private equity firms compete with Butler for the deal. Butler must assess the potential for margin improvement and expansion within France and to other European countries. Furthermore, since the price for the deal is set, Butler must focus on finding an advantageous structure for all parties to secure the deal.

Mergers & acquisitions;Entrepreneurial finance;International entrepreneurial finance;Incentives;Distribution;Private equity;Leveraged buyouts;Valuation;Executive compensation;Entrepreneurship

Case (Field)

Geographic Setting: France
Industry Setting: Mergers & acquisitions;Entrepreneurial finance;International entrepreneurial finance;Incentives;Distribution
Gross Revenue: $860 million revenues

Case Teaching Note, (803067), 27p, by Walter Kuemmerle

Année de la problématique : 1999

Livraison : Livraison par lien de téléchargement

Nombre de pages : 29