Subject category:
Finance, Accounting and Control
Published by:
Columbia CaseWorks, Columbia Business School
Version: May 13, 2019
Revision date: 3-Jul-2019
Length: 22 pages
Data source: Published sources
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https://casecent.re/p/162999
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Abstract
This fictionalized case explores an increasingly common challenge for private equity firms in the 21st century: how to drive shareholder returns via strategic repositioning and operational improvements, and not rely solely on financial engineering. Set in the '100-day planning workshop', a full-day conference typically held shortly after a deal closing, the case follow Sarah Chiang, VP at New York-based private equity firm Cahill Freeman Partners as she convened management, board, and industry advisors to examine important questions. The deal itself was a bold 'twofer', a simultaneous leveraged buy-out and merger of the USD1.7 billion Dallas-based Foster Industries and the USD1.3 billion Cleveland-based SmartServices - in the outsourced facilities management (OFM) space.
Teaching and learning
This item is suitable for undergraduate and postgraduate courses.Time period
The events covered by this case took place in 2014-2018.Geographical setting
Region:
Americas
Country:
United States
Featured protagonist
- Sarah Chiang (female), Vice President
About
Abstract
This fictionalized case explores an increasingly common challenge for private equity firms in the 21st century: how to drive shareholder returns via strategic repositioning and operational improvements, and not rely solely on financial engineering. Set in the '100-day planning workshop', a full-day conference typically held shortly after a deal closing, the case follow Sarah Chiang, VP at New York-based private equity firm Cahill Freeman Partners as she convened management, board, and industry advisors to examine important questions. The deal itself was a bold 'twofer', a simultaneous leveraged buy-out and merger of the USD1.7 billion Dallas-based Foster Industries and the USD1.3 billion Cleveland-based SmartServices - in the outsourced facilities management (OFM) space.
Teaching and learning
This item is suitable for undergraduate and postgraduate courses.Settings
Time period
The events covered by this case took place in 2014-2018.Geographical setting
Region:
Americas
Country:
United States
Featured protagonist
- Sarah Chiang (female), Vice President