Research On The Influence Factors Of The Growth Period Private Equity Investment Decisions

It is the rapid development stage of the private equity investment from 2004 up to now. After a few years development, the private equity investment has become an important source of financing to our country’s small and medium-s ized enterprises. With the rapid development of private equity investment industry, there are much more theory of private equity investment in the theoretical circle research. But how to find, identification and screening the most investment value and growth potential of the target enterprise, objective and fair assessment of target enterprise investment, there are little research on it. And these problems directly relates to the success or failure of private equity and long-term development. So this artic le chooses the influenc ing factors to the process of the private equity investment decisions as the research object.On the basis of research results at home and abroad for reference, this article firstly introduces the concept and types of the private equity investment, characteristics and operation process of the growth period private equity investment, and the content of investment decisions, make the readers have a overall understand ing of the growth period private equity investment, and have a meet on the relationship between the influence factors and the growth period private equity investment decisions; Secondly, we use the operation process of the growth period private equity investment as the main line, Summary the influence of factors at various stages should considered, then analyze the function mechanism of the influence factors; Once more, using questionnaire survey and analytic hierarchy process to determine the weight of the influence factors, summarizes the influence of various factors to the investment decisions, and the relative importance between the various factors, get some ideas about the influence factors to the investme nt decision. The management team of the private equity investment institutions is the most important factors during the stage when searching and selecting the target enterprise; The market is the finally foothold when evaluating the investment value of the target enterprise, the management team that human factor should not be ignored, the stability of the financ ial is the foundation of the enterprise, and profit model is the core of financial factors.