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Corporate finance field lab on Dell Inc.'s leveraged buyout: Dell Inc.'s pre-leveraged buyout target attractiveness, valuation, and preliminary model

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Detalhes bibliográficos
Resumo:This case study analyses Dell's valuation, capital structure, and strategy in 2013 to assess its appropriateness for a leveraged buyout (LBO). We examined Dell's financials, including its EBITDA margin, liquidity, debt structure, and market position. The findings showed that Dell was undervalued, with strong liquidity and manageable debt, making it a strong LBO candidate. Dell's strategy of expanding into software and cloud solutions, combined with smart acquisitions, helped minimise the company's reliance on the decreasing PC market. These factors combined with its financial flexibility allowed Dell to successfully manage the LBO and foster long-term growth.
Autores principais:Mnatsakanyan, Evelina
Assunto:Leveraged buyout Valuation Liquidity Debt management Capital structure Strategy Diversification Growth potential
Ano:2025
País:Portugal
Tipo de documento:dissertação de mestrado
Tipo de acesso:acesso aberto
Instituição associada:Universidade Nova de Lisboa
Idioma:inglês
Origem:Repositório Institucional da UNL
Descrição
Resumo:This case study analyses Dell's valuation, capital structure, and strategy in 2013 to assess its appropriateness for a leveraged buyout (LBO). We examined Dell's financials, including its EBITDA margin, liquidity, debt structure, and market position. The findings showed that Dell was undervalued, with strong liquidity and manageable debt, making it a strong LBO candidate. Dell's strategy of expanding into software and cloud solutions, combined with smart acquisitions, helped minimise the company's reliance on the decreasing PC market. These factors combined with its financial flexibility allowed Dell to successfully manage the LBO and foster long-term growth.