A Case Study Of Q Company's Private Equity Investment

In recent years,with the rapid development of the private equity investment industry,more and more private equity investment institutions have been established and developed to inject capital into the development of China's real economy.In particular,China is currently at the stage of industrial structure adjustment,and the financing needs of enterprises have also increased,which has brought broad development space for the private equity investment market.However,the cycle of private equity investment is relatively long,and the uncertainty of the exit path is relatively large,resulting in relatively high risks in the industry.Large-scale private equity institutions generally have scale effects.They can diversify investment risks through massive investment projects,and ultimately earn higher investment returns for investors through different project portfolios.The scale of small and medium-sized private equity institutions is limited,and investment risks brought about by individual projects can be avoided as much as possible by optimizing the investment process.This paper draws on the existing research results of private equity funds at home and abroad,and uses the four processes of "raising,investing,managing,and withdrawing" in private equity investment as the overall framework.After introducing the overall operation process of private equity funds,the current development status of private equity funds in "raising,investing,and withdrawing",and the valuation methods of private equity fund projects,how will private equity investment institutions analyze the project and how to carry out Post-investment management and how to withdraw as the research focus of this article.Financing company Q is a cross-border e-commerce platform.It can export clothing,accessories and other commodities to foreign terminal C and small wholesale distributor B customers through a combination of its own website and third-party platform.Investor Y is a private equity fund management company.This case mainly analyzes the investment decision-making,post-investment management analysis and exit analysis of Company Q from the perspective of Company Y.Investment decision analysis mainly includes analysis of financing background,industry and main business analysis,financial analysis and valuation analysis based on financial data,project risk and corresponding control strategy analysis,and estimates of investment income.Post-investment management analysis includes analysis of company Y's strategic planning,value-added services,and risk management and control during the post-investment management process.As the project has not yet exited,the analysis of the exit method is a prediction of the future exit of the project,mainly after exiting through mergers and acquisitions.If the merger and acquisition fails,the exit will be through management repurchase.The conclusion of this case is that the investment income is relatively considerable.During the post-investment management process,Q Company carried out detailed post-investment management work,but at the same time,it is necessary to pay attention to some possible risks in terms of project exit.