사례 연구
A leveraged buyout firm had identified a plastics packaging company as a potential acquisition target, but needed to quantify the potential benefits. Bain performed due diligence to help the client move quickly and make an early bid, which went unopposed. Within two years of the acquisition, EBITDA more than doubled.
L-Box*, a leveraged buyout firm, had identified PackageMaster*, a plastics packaging company, as a potential acquisition target. But L-Box needed to quantify the potential benefits before it closed the deal.
For the purchaser, the value of the acquisition would depend on:
L-Box gave Bain four-weeks to perform the due diligence that L-Box needed so it could move quickly to complete the deal.
Bain focused on four key areas to quickly determine the economic value to L-Box of purchasing PackageMaster.
Although competitors had technical and scale cost advantages, L-Box could still improve operating performance significantly.
Thanks to Bain's quick due diligence, L-Box made an early, preemptive bid for PackageMaster, which went unopposed. Within two years, the acquisition's EBITDA had more than doubled, exceeding L-Box's expectations.
* We take our clients' confidentiality seriously. While we've changed their names, the results are real.
