Case Analysis Of Steyr Private Equity Fund M&A Exit

The operation of private equity funds must first raise funds and then invest in funds,and the exit of private equity funds is a vital part of the whole operation process.IPO exit,M&A exit,bankruptcy liquidation and management repurchase are four common exit methods,but the four private equity fund exit methods have different proportions in China,and IPO exits account for the largest proportion.The other three are only a small part,but as the country has introduced relevant policies to facilitate mergers and acquisitions to support mergers and acquisitions,and IPO withdrawal requires more and more rigorous and cumbersome processes,mergers and acquisitions should gradually be brought over.The more investors are concerned and aware,the importance of mergers and acquisitions exiting private equity funds.This paper selects the case of Steyr private equity fund M&A exit analysis because it skillfully uses the new model of PE joint listed company,and maximizes the role of private equity fund in the intermediary coordination and transaction structure design in the whole process of merger and acquisition.Successfully circumvented the relevant policy restrictions faced in the overseas M&A process,flexibly exerted the role of private equity funds and improved the efficiency of mergers and acquisitions,so the existing exit concept,whether it is private equity fund investors or invested Enterprises should promptly change their inherent concepts,understand and recognize the advantages of M&A exit relative to other exit methods,and deeply understand and learn the classic M&A cases at home and abroad,better achieve the goal of mutual win-win through mergers and acquisitions,and promote mergers and acquisitions.Market development.This paper analyzes the case of Steyr private equity fund in detail through the combination of theory and practice.It not only analyzes the problem of narrow exit channel of private equity fund in theory,but also presents a large amount of relevant data and graphs.The complex transaction process and structure make the analysis of the case more intuitive and persuasive.Moreover,in the case selected in this paper,from the perspective of private equity funds,the analysis of mergers and acquisitions cases,different from the general private equity fund mergers and acquisitions exit,this case adopted a private equity fund and listed companies to join hands,for the smooth exit ofmergers and acquisitions Providing great help,it can be said that the selection of case themes are novel,the process design of M&A is different from the general M&A case,and successfully illustrates the importance of M&A exit as an exit channel.The first is the case background of Silicon Valley Paradise's acquisition of Steyr,the various participants,and the detailed description of the design and exit process of the merger and acquisition plan,and then the motivation and effect of the role of Steyr private equity fund and the exit of mergers and acquisitions.Analysis,followed by refining summed up the case-related enlightenment of this merger and withdrawal,helping investors to understand and understand the exit advantages of mergers and acquisitions,and it also expresses some understandings and suggestions for the exit of M&A.Through the analysis of M&A exit cases,this paper broadens the choice of China's private equity funds for the exit path.