| dc.description.abstract | This thesis studies the impact of private equity-backing on the portfolio
companies they acquire, with evidence from Norway. We are researching the two
main strategies in Norway, buyout and venture capital. The impact is measured
looking at the change in performance for profitability, leverage, productivity and
employment. A peer group for both strategies is created, to compare the
performance of private equity-backed companies against non private
equity-backed companies. We find that there is an increase in profitability,
leverage and productivity compared to the peer groups, however, only for venture
capital for the former two. There is also an increase in performance for
employment, although this was not in line with recent research. We conclude that
portfolio companies perform superior to their matched peer groups. | en_US |
