The leveraged buyout of Dell Inc.

El objetivo de esta tesis es analizar el proceso de inversión de un fondo de capital privado en el Caso específico de la adquisición de Dell Inc., que abarca tanto la teoría como la práctica. Primero, este trabajo examinará el marco teórico que respalda los fondos de capital privado, haciendo hincap...

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Autor Principal: Uribe Sánchez, Juan Felipe
Otros Autores: Serrano, Rafael
Formato: Trabajo de grado (Bachelor Thesis)
Lenguaje:Español (Spanish)
Publicado: Finanzas y Comercio Internacional 2015
Materias:
Acceso en línea:https://repository.urosario.edu.co/handle/10336/21065
id ir-10336-21065
recordtype dspace
institution EdocUR - Universidad del Rosario
collection DSpace
language Español (Spanish)
topic Comercio
Macroeconomía
Modelo LBO
Macroeconomía & temas relacionados
Macroeconomía
Comercio internacional
Economía
Macroeconomic
International trade
Economic
spellingShingle Comercio
Macroeconomía
Modelo LBO
Macroeconomía & temas relacionados
Macroeconomía
Comercio internacional
Economía
Macroeconomic
International trade
Economic
Uribe Sánchez, Juan Felipe
The leveraged buyout of Dell Inc.
description El objetivo de esta tesis es analizar el proceso de inversión de un fondo de capital privado en el Caso específico de la adquisición de Dell Inc., que abarca tanto la teoría como la práctica. Primero, este trabajo examinará el marco teórico que respalda los fondos de capital privado, haciendo hincapié en su proceso de inversión y métodos de valoración. En segundo lugar, se presentará una descripción general del acuerdo de Dell, que muestra el objetivo y los jugadores involucrados, así como las condiciones del mercado que preceden a la transacción. En tercer lugar, se llevará a cabo un modelo de valoración de compra apalancada. Finalmente, los resultados serán contrastados con el marco teórico. Los hallazgos sugieren que Michael Dell y Silver Lake pagaron mal por Dell Inc., y que si ambos jugadores tendrán éxito en la transformación de la Compañía, y el mercado es benevolente en el futuro, están en línea para obtener ganancias significativas de su inversión, muy por encima del rendimiento esperado de los fondos de capital privado.
author2 Serrano, Rafael
author_facet Serrano, Rafael
Uribe Sánchez, Juan Felipe
format Trabajo de grado (Bachelor Thesis)
author Uribe Sánchez, Juan Felipe
author_sort Uribe Sánchez, Juan Felipe
title The leveraged buyout of Dell Inc.
title_short The leveraged buyout of Dell Inc.
title_full The leveraged buyout of Dell Inc.
title_fullStr The leveraged buyout of Dell Inc.
title_full_unstemmed The leveraged buyout of Dell Inc.
title_sort leveraged buyout of dell inc.
publisher Finanzas y Comercio Internacional
publishDate 2015
url https://repository.urosario.edu.co/handle/10336/21065
_version_ 1667195754704273408
spelling ir-10336-210652020-05-14T01:36:34Z The leveraged buyout of Dell Inc. La compra apalancada de Dell Inc. Uribe Sánchez, Juan Felipe Serrano, Rafael Comercio Macroeconomía Modelo LBO Macroeconomía & temas relacionados Macroeconomía Comercio internacional Economía Macroeconomic International trade Economic El objetivo de esta tesis es analizar el proceso de inversión de un fondo de capital privado en el Caso específico de la adquisición de Dell Inc., que abarca tanto la teoría como la práctica. Primero, este trabajo examinará el marco teórico que respalda los fondos de capital privado, haciendo hincapié en su proceso de inversión y métodos de valoración. En segundo lugar, se presentará una descripción general del acuerdo de Dell, que muestra el objetivo y los jugadores involucrados, así como las condiciones del mercado que preceden a la transacción. En tercer lugar, se llevará a cabo un modelo de valoración de compra apalancada. Finalmente, los resultados serán contrastados con el marco teórico. Los hallazgos sugieren que Michael Dell y Silver Lake pagaron mal por Dell Inc., y que si ambos jugadores tendrán éxito en la transformación de la Compañía, y el mercado es benevolente en el futuro, están en línea para obtener ganancias significativas de su inversión, muy por encima del rendimiento esperado de los fondos de capital privado. The aim of this thesis is to analyse the investment process of a private equity fund in the specific case of the takeover of Dell Inc., covering both theory and practice. First, this work will examine the theoretical framework supporting private equity funds, emphasising on their investment process and valuation methods. Secondly, an overview of the Dell deal will be presented, showing the target and the players involved, as well as the market conditions preceding the transaction. Thirdly, a leveraged buyout valuation model will be carried out. Finally, the results will be contrasted against the theoretical framework. 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