Company-Specific Characteristics of Private Equity Targets. A Comparison between Germany and Great Britain

Master's Thesis from the year 2023 in the subject Business economics - Investment and Finance, Technical University of Munich, language: English, abstract: Managing and developing an investment in PE is quite complex, as there is no other alternative asset class where the performance gap between top- and bottom-quartile PE funds is wider than the PE asset class. In addition to examining the actions undertaken by PE companies during the investment period, the right target has to be selected. To date the academic literature regarding the selection of a promising target company on an empirical basis is scarce. In particular it is not clear how PE companies selection criteria differentiate in a country comparison.

The present empirical analysis therefore provides an empirical approach to contribute to the research field of PE target selection with a country comparison by identifying PE target characteristics for Germany and Great Britain.