Capstone – Project

Target Public Companies to Take Private with Narrow Investment Criteria

A Collaboration Between

Project Synopsis

I work for Speyside Equity. We are a special situations fund focused on the manufacturing sector. We buy companies that can create value based on change management opportunities. Simply stated, we buy broken manufacturing businesses, fix them, and sell them. One opportunity are publicly traded companies that are under $1bb in revenue. Generally, these companies should not be public, and they are an opportunity for us. I have a file of these companies, and I think that a team of MBAs could investigate them and provide me a list of the top 10 that fit the criteria, and a plan to action them.

HOST VENUE ADDRESS

  • 24 Frank Lloyd Wright Drive, 3rd floor, Building H, Suite 3225, Ann Arbor, MI 48106

REQUIRED PREREQUISITES

  • Familiarity with the Private Equity model, and in general terms how the LBO model works
  • An overview of Speyside's specific model will be provided

LEARNING OBJECTIVES

  • Students will get a hands-on practicum to business development (ie - finding and qualifying acquisition targets) in the private equity model

Project Topics

Mergers & Acquisitions

Reporting, Financial Planning & Analysis

Company Information

CompanySpeyside Equity
HQMichigan
Revenue500,000,000+
Employees2500+
StageMedium Business
Hiring PotentialEntry Level Full-Time
Websitehttp://www.speysideequity.com

Company Overview

Speyside Equity was formed to bring an operationally intensive approach to investing in manufacturing businesses within the specialty chemicals, food/ingredients, and metal-forming sectors. We target companies with a history of revenue and positive EBITDA, a defensible position in their respective markets, and a core of capable management that remains post-investment. We prefer situations where there are opportunities to leverage the team’s operating expertise to improve operating performance and create sustainable long-term value. We are comfortable investing in spin-offs from carve-outs of large multinational businesses, industry consolidations, or family-owned businesses. Target investments typically have revenues between US$20 million to US$300 million range, dependent on the industry, and are valued between US$20 million to US$200 million. Ideally, target businesses should be headquartered in the United States or Western Europe. Our financial and managerial expertise enables us to quickly analyze situations to assess value, structure and negotiate transactions, and implement focused operating plans that keep companies liquid and rapidly enhancing their long-term prospects.

Experiential Learning Program Details

SchoolUniversity of Notre Dame Mendoza College of Business
Engagement FormatCapstone - Small Team Consulting Project - Students work in consulting teams of 3-5 directly with faculty and client liaisons on developing real solutions to real-world challenges.
Course
LevelN/A
Students EnrolledN/A
Meeting Day & TimeN/A
Student Time Commitment1-3 Hours Per Week
Company Time Commitment3-5 Hours
Duration0.29 Weeks

Program Timeline

Touchpoints & Assignments Due Date Type

Key Project Milestones

  • October 14, 2019 - 1. Review provided data file with information on publicly traded manufacturing companies below $1bb in revenue


  • October 14, 2019 -


  • October 15, 2019 - Based on provided criteria, filter file to come up with top 30 companies to investigate


  • October 15, 2019 -


  • October 16, 2019 - Evaluate top 30 company candidates for acquisition based on Speyside deal criteria


  • October 16, 2019 -


  • October 17, 2019 - Present top 10 targets to be considered for acquisition, and key information on the company


  • October 17, 2019 -


Project Resources

There are no resources currently available

Industry Mentors

Company Admin

 

[email protected]

Academic Mentors

Instructor

Alice Obermiller

[email protected]

Instructor

 

[email protected]

Assigned Students

There are currently no students assigned.