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Facilitator Guide

Private Equity Deal Types

What’s covered

  • Leveraged buyouts
  • Rollover equity
  • Buy-and-build
  • Co-investments
  • Going private transactions
  • Secondary buyouts 
  • Distressed buyouts
  • Management buyout
  • Carveouts
  • Minority investments 

Before the session

Prepare the Attendees

Send the attendees an invitation for the session. Include this link, which has the videos and exercise they’ll need to prepare.

https://www.hotshotlegal.com/discussions/private-equity-deal-types/attendee

Prepare Yourself

Watch the videos and read the exercise so you’re familiar with the Hotshot material.

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    Course

    Private Equity Deal Types

    An overview of the main types of PE deals an M&A associate would encounter, including buyouts (with a focus on leveraged buyouts), carveouts, and minority investments. This course also discusses rollover equity, buy-and-build, co-investments, and growth equity.

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    Exercise

    PDF

During the session

Part 1: Knowledge Check
 
Ask attendees these questions to ensure they understand the topic:
  • What is an LBO and why do PE funds use them so often?
  • What is a platform company vs. an add-on or bolt-on company?
  • Why are co-investments advantageous to an LP?
  • What are the two main ways carveouts are done?
  • How do PE funds protect themselves when they make a minority investment?
 
Part 2: Group Exercise
 
Lead a group discussion based on the exercise. To encourage collaboration, divide the attendees into groups to discuss the exercise, then have a representative from each group summarize their views to the larger group. Call on people to share their thoughts and ask others to respond.
 
Tip for remote sessions: use your web conferencing system’s breakout room feature to divide people into groups.
 
Part 3: War Stories and Firm Specifics
 
Share your own experiences and guidance, including:
 
  • Anecdotes and war stories (e.g., about a near-disaster or a tough negotiation)
  • General practice tips (dos and don’ts)
  • Firm-specific guidance and practices

After the session

To continue their learning, attendees can check out related courses in Hotshot’s Private Equity topic.