Industry concentration, syndication networks, and competition in the U.K. Private equity market for management buyouts
Wright, Mike
Wright, Mike
Publication Type
Book Chapter
Editor
Supervisor
Publication Year
2012
Journal
Book
The Oxford Handbook of Private Equity
Publication Volume
Publication Issue
Publication Begin page
219
Publication End page
242
Publication Number of pages
Collections
Abstract
This article considers industry concentration, syndication networks, and competition in the U.K. private equity market for management buyouts. It provides empirical evidence of the effect of industry market structures on syndicate relationships. This article also studies interfirm cooperation through syndication in the private equity market and determines if this decreases the extent of competition and subsequently affects the prices private equity firms are willing to pay to get buyout targets.
Research Projects
Organizational Units
Journal Issue
Keywords
Industry Concentration, Syndication Networks, Competition, UK, Private Equity Market, Management Buyouts, Interfirm Cooperation