Kauppakorkeakoulun julkaisuportaali

eCase Collection - abstracts

HSE_CASE_NR: 299-014 | status: active
Tekijät: Ahola, Anu
Cardwell, William (supervisor)
Ulkoasu: 7 pages + 11 exhibits
Julkaisuvuosi: 2007  Kieli: eng
Asiasanat: corporate finance; debt financing; equity financing; ownership structure; restructuring; small and medium-sized enterprises; Valuation of a company
Tiivistelmä: In the spring of 1997, Incap Corporation has undergone a harsh restructuring, and consists of two separate areas, contract manufacturing for electronics and furniture companies. Incap was founded by two development companies as a private fund, but in 1990 a venture capitalist took a minority holding. In 1997, the minority holding is a major ownership, and the company management is considering what to do with the share of the venture capitalist, who is also financing company‚Äôs competitors, and now willing to decrease its share. The different options must be evaluated, and the valuation of Incap is a major issue. The corporate structure should also be considered anew. The case is suitable for courses in Corporate Finance and Financial Restructuring in advanced undergraduate and graduate level as well as for management seminars for medium-sized companies.