Catalog books, media & more in the stanford libraries' collections 21 apax partners and xerium sa 22 the exxel group: march 2001 23 a note on the initial. Apax partners and xerium sa one bright day in early october 2002, tom gutierrez, ceo of xerium, sa, looked up from the cluttered conference table at the others in the meeting: michael phillips and korbinian (korby. The company is an indirect, whole owned subsidiary of xerium sa, which is majority-owned by apax partners cibc world markets corp - which is lead managing the ipo - also holds a 56%. From 1976 to 1999, xerium grew in part through several acquisitions and was acquired by apax partners (apax), a manager of private equity funds, in december 1999 since its acquisition by apax, xerium acquired three additional companies and executed two recapitalizations.
Apax had purchased xerium from its corporate parent in 1999, and after three years of audited financials and a performance that had dramatically exceeded the initial plan had decided to sell the company. Find out michael phillips address and contact details view other people related to michael phillips - coworkers, colleagues, companions, etc address: c/o apax partners beteiligungsberatung gmbh possartstrabe 11, d-81679 munchen, germany germany. Powered by content directions, inc (cdi) and the digital object identifier (doi) view additional cdi examples want to add this link to your site.
A stockholder that is a partnership, and partners 24 table of contents in such partnership, are urged to consult a tax advisor regarding the tax consequences of participating in the offer. Case study recommendation memo assignment at fern fort university, we write apax partners and xerium sa case study recommendation memo as per the harvard business review innovation & entrepreneurship case memo framework. Apax partners and xerium apax partners and xerium sa what tactics/actions did apax take to enable it to acquire btrp in an auction without over-paying how did apax add value to xerium.
Apax pulls xerium secondary sale the uk private equity firm has abandoned plans to sell off its xerium paper products business after a sharp fall in the company's valuation. Finance 751 the finance of buyouts and acquisitions © 2009 pavel g savor 2) deal proposals 30. Dr nico hansen, phd is a partner and chief investment officer at apax partners llp he joined the firm in 2000 and led the united states tech and telecom team in new york for over three years.
For four cases (summit/fleetcor (b) and (c), tdc/sunrise, apax/xerium, and cppib/waterfall), you will work in groups and submit case analyses i will divide the class into groups of three or four depending on class size. Case: apax partners and xerium sa apax partners, a global private equity firm, is considering the best approach to exiting one of its buyout investments: xerium sa, a maker of inputs to the paper industry. Apax partners and xerium sa harvard business school case 804084, g felda hardymon, josh lerner, ann leamon in 2002, apax partners had to decide whether to accept a less-than-perfect offer for one of its portfolio companies or to refinance it this. Apax partners and xerium definition, categories, type and other relevant information provided by all acronyms apax stands for apax partners and xerium.
In 2002, apax partners had to decide whether to accept a less-than-perfect offer for one of its portfolio companies or to refinance it this company, a maker of paper industry consumables with a global presence, had been purchased in 1999 and performed extremely well since then. Private equity investment group, apax partners, invest in leveraged and management buy-outs, and growth capital investors in technology, telecommunications, retail. When uk-based private equity powerhouse apax partners put xerium technologies on the block in 2002, it immediately winnowed 40 indications of interest down to seven bidders, on the basis of their. Learn up to the minute information about xerium technologies inc [ xrm ] - including connections with people/companies, sec filings (including ownership and fundraising), contact information.
Mr phillips has served as a director since december 1999 he has been a partner at apax partners beteiligungsberatung gmbh, a private equity and venture capital consulting firm, since march 1996. Case study microlite sa: the pan-orient decision 1208 words | 5 pages case study microlite sa: the pan-orient decision abstract microlite sa which is located in brazil was the largest producer of batteries in south america with a mighty 55% share of the brazilian battery market.
Xerium is a leading developer and supplier for multiple industries specializing in roll covers, spreader rolls , re-covered rollers and smart tech for advanced dynamic nip analysis. And they have a history with xerium, having been there since its former parent company, british manufacturer invensys, sold its paper technology group to private equity firm apax partners for. Weavexx is owned by apax partners & co, a german holding company, which earlier this year bought invensys, a british company, for $810 million apax has been described as one of the leading.