Deal Case Studies
Walk through famous PE transactions with real numbers, transaction structures, and outcome analysis.
Recommended prerequisites
Complete Module 3: Deal Process, Module 7: Valuation Methods, and Module 8: LBO Mechanics for the best experience with these case studies.
Blackstone 路 2007-2018
Hilton Hotels / Blackstone
The greatest PE deal in history. A $26B bet on hospitality that survived the worst financial crisis in 80 years and returned $14B in profit.
Silver Lake + Michael Dell 路 2013-2018
Dell / Silver Lake
The largest technology take-private in history. Michael Dell and Silver Lake took Dell private at $24.4B, transformed the company, and created over $50B in equity value.
BC Partners 路 2015-present
PetSmart / BC Partners
An $8.7B acquisition where the hidden gem, a small online subsidiary called Chewy.com, IPO'd at $8.7B and single-handedly returned the entire purchase price.