A Case Study Of Private Equity Financing In Company Y

Since the reform and opening up,small and medium-sized enterprises in China have developed rapidly,but the difficulty of financing has been hindering the progress of small and medium-sized enterprises.Limited to the characteristics of small and medium-sized enterprises,the traditional financing means such as enterprise internal financing,issuing bonds or bank loans are difficult to make enterprises achieve financing demands.The emergence of private equity financing has been improved very well.The private equity financing plays an important role in the field of direct financing in the enterprise.It enriches the financing channels of small and medium-sized enterprises,promotes the upgrading of Chinese industrial structure,and also optimizes the allocation of financial resources and promotes the development of the capital market;on the other hand,private equity is private.Through the development of invested enterprises,the right of offering shares has also achieved the purpose of increasing the value of its own capital.Based on the existing research results of private equity financing at home and abroad,this paper introduces the participants,advantages,standards and valuation methods of private equity financing based on the theory of value evaluation.This paper focuses on the analysis of the financing enterprises,how to design the trading structure according to the actual situation of the enterprises,and how to withdraw from the investment after the expiration of the investment.Company Y is the domestic high-quality 3D printing application development and service platform,can provide customers based on 3D printing technology from research and development to manufacturing a comprehensive one-stop service enterprises,related products in cars,molds Aviation,aerospace,military industry,medical,personalized customization and creative products and other industries have a wide range of applications.Investment company B is a fund management company specializing in private equity investment.On the basis of the financing needs released by Y Company,this case analyzes the feasibility of Y Company's obtaining private equity financing from the perspective of equity investment agency.The feasibility analysis includes the development trend of the industry in which the company is in.Market pattern,enterprise competitive advantage and other aspects of investment value analysis;future growth and sustainable profitability of the financial analysis of the company and based on financial data and the company's core assets,resource valuation points Analysis;Investment risk analysis of industry,policy and uncertainty of the company's future development and corresponding countermeasures;analysis of optimal trading structure and fund risk control measures in line with the company's development situation;combination of historical data,Choose the optimal exit strategy and the corresponding income analysis.At the end of the case study,the conclusion of investment or not is obtained by summing up and analyzing.