CVC capital partners IPO: continuing the trend of private equity going public

• Author(s): Sarmento, Pedro
• Date: 2025
• Persistent ID: http://hdl.handle.net/10362/186117
• Origin: Repositório Institucional da UNL
• Subject(s): Case study; IPO; CVC Capital Partners; Private equity; Valuation; Corporate finance; Domínio/Área Científica::Ciências Sociais::Economia e Gestão
• Document Type: Master thesis
• Language: English
• Advisor(s): Pinho, Paulo Soares de
• Contributor(s): RUN

Description

This case study examines the successful initial public offering (IPO) of CVC Capital Partners, a leading European private equity firm. Following two unsuccessful attempts to go public, CVC achieved its goal in April 2024. The case provides an in-depth analysis of the private equity industry landscape in 2024, alongside the historical context of publicly listed private equity firms. It explores the strategic and operational factors that contributed to the success of CVC’s third IPO attempt and highlights key reasons for its success. Additionally, the study presents methodologies for valuing private equity firms, offering insights into various valuation approaches.