Year
2009
Abstract
This case deals with private equity and specifically with a real LBO operation, the financing of which was arranged at the beginning of 2005. The PETIT COTTAGE Group is a famous restaurant chain that is the target company of a secondary LBO under negotiation between sellside (ALPHY Fund) and buy-side (BETTA Fund). Placed in the role of JUNIOR in THE PENNY BANK’ s LBO Department team, the students must decide whether this new LBO is worthwhile and should be submitted to the bank’s Credit committee.
BUISSON, V. (2009). The Petit Cottage LBO Case. ESSEC Business School.