Private Equity Minority Investments: An Attractive Financing Alternative for Family Firms; Vorwort; Vorwort von Prof. Dr. Christoph Schalast; Abstract; Table of Contents; List of Abbreviations; List of Tables; List of Figures; 1 Introduction; 1.1 Relevance of the topic and motivation; 1.2 Research questions; 1.3 Research approach; 1.4 Structure of the thesis; 2 Theoretical Part; 2.1 Definitions; 2.1.1 Family firms; 2.1.2 Private equity investors; 2.1.3 Private equity minority investments; 2.2 Literature review; 2.2.1 Potential benefits of private equity investments
2.2.2 Resource deficits of family firms2.2.3 Reasons for family firms to demand private equity financing; 2.3 Expectations for the empirical part; 3 Empirical Foundations; 3.1 Development of the research questions; 3.2 Methodology; 3.2.1 Research method; 3.2.2 Development of interview guidelines; 3.2.3 Interview process; 3.3 Sample characteristics; 4 Empirical Part; 4.1 Individual case study analysis; 4.1.1 Case A: Capital injection in times of crisis; 4.1.2 Case B: Paving the way toward an IPO; 4.1.3 Case C: Solving family issues; 4.1.4 Case D: Sharing risk and diversifying family wealth
4.1.5 Case E: Accelerating growth4.1.6 Case F: Increasing company value; 4.1.7 Case G: Replacement of a departing shareholder; 4.1.8 Case H: Strengthening the capital base; 4.1.9 Case I: Redeeming silent participations and expanding business; 4.1.10 Case J: Solving succession problems; 4.2 Comprehensive case study analysis; 4.2.1 Reasons for demanding private equity minority investments; 4.2.2 The role of non-financial benefits; 4.2.3 Cooperation mechanisms; 5 Conclusion; 5.1 Major findings; 5.2 Lessons learned; 5.3 Limitations and implications for future research; References
