Increasing EBITDA by Optimizing IT costs for Private Equity Portfolio Companies

Autores:
Liepert, Maximilian
Tipo de recurso:
Article of journal
Fecha de publicación:
2024
Institución:
Universidad Pedagógica y Tecnológica de Colombia
Repositorio:
RiUPTC: Repositorio Institucional UPTC
Idioma:
eng
OAI Identifier:
oai:repositorio.uptc.edu.co:001/18678
Acceso en línea:
https://doi.org/10.19053/uptc.01203053.v43.n78.2024.17259
Palabra clave:
cost reduction strategies
financial performance
profit margin enhancement
corporate finance
IT cost control
estrategias de reducción de costes
rendimiento financiero
mejora del margen de beneficios
finanzas corporativas
control de costes informáticos
Rights
openAccess
License
Maximilian Liepert - 2024
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repository_id_str
dc.title.es-ES.fl_str_mv Increasing EBITDA by Optimizing IT costs for Private Equity Portfolio Companies
title Increasing EBITDA by Optimizing IT costs for Private Equity Portfolio Companies
spellingShingle Increasing EBITDA by Optimizing IT costs for Private Equity Portfolio Companies
cost reduction strategies
financial performance
profit margin enhancement
corporate finance
IT cost control
estrategias de reducción de costes
rendimiento financiero
mejora del margen de beneficios
finanzas corporativas
control de costes informáticos
title_short Increasing EBITDA by Optimizing IT costs for Private Equity Portfolio Companies
title_full Increasing EBITDA by Optimizing IT costs for Private Equity Portfolio Companies
title_fullStr Increasing EBITDA by Optimizing IT costs for Private Equity Portfolio Companies
title_full_unstemmed Increasing EBITDA by Optimizing IT costs for Private Equity Portfolio Companies
title_sort Increasing EBITDA by Optimizing IT costs for Private Equity Portfolio Companies
dc.creator.fl_str_mv Liepert, Maximilian
dc.contributor.author.none.fl_str_mv Liepert, Maximilian
dc.subject.none.fl_str_mv cost reduction strategies
financial performance
profit margin enhancement
corporate finance
IT cost control
estrategias de reducción de costes
rendimiento financiero
mejora del margen de beneficios
finanzas corporativas
control de costes informáticos
topic cost reduction strategies
financial performance
profit margin enhancement
corporate finance
IT cost control
estrategias de reducción de costes
rendimiento financiero
mejora del margen de beneficios
finanzas corporativas
control de costes informáticos
publishDate 2024
dc.date.accessioned.none.fl_str_mv 2024-07-13 00:00:00
dc.date.available.none.fl_str_mv 2024-07-13 00:00:00
dc.date.issued.none.fl_str_mv 2024-07-13
dc.type.spa.fl_str_mv Artículo de revista
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dc.type.local.eng.fl_str_mv Journal article
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dc.type.content.eng.fl_str_mv Text
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url https://doi.org/10.19053/uptc.01203053.v43.n78.2024.17259
dc.language.iso.eng.fl_str_mv eng
language eng
dc.relation.references.eng.fl_str_mv Bajulaiye, O., Fenwick, M., Skultetyova, I., & Vermeulen, E.P. (2020). Digital transformation in the Hedge Fund and Private Equity Industry. SSRN. https://doi.org/10.2139/ssrn.3528068
Belderbos, R., Jacob, J., & Lokshin, B. (2019). Corporate Venture Capital (CVC) Investments and Technological Performance: Geographic Diversity and the Interplay with Technology Alliances. Journal of Business Venturing, 33(1), 20-34. https://doi.org/10.1016/j.jbusvent.2017.10.003
Blackstone. (2012). Blackstone Deploys Coupa Software to Streamline Procurement and Approval Processes. https://www.blackstone.com/news/press/blackstone-deploys-coupa-software-to-streamline-procurement-and-approval-processes/
Blackstone. (2021). Blackstone Reports Fourth Quarter and Full Year 2020 Results. https://www.blackstone.com/wp-content/uploads/sites/2/2021/01/Blackstone4Q20EarningsPressRelease.pdf
Blackstone. (2022). Blackstone Reports Fourth Quarter and Full Year 2021 Results. https://s23.q4cdn.com/714267708/files/doc_financials/2021/q4/Blackstone4Q21EarningsPressRelease.pdf
Blackstone. (2023). Blackstone Reports Fourth Quarter and Full Year 2022 Results. https://www.blackstone.com/wp-content/uploads/sites/2/2023/01/Blackstone4Q22EarningsPressRelease.pdf
Brown, G., Harris, R., & Munday, S. (2021). Capital Structure and Leverage in Private Equity Buyouts. Journal of Applied Corporate Finance, 33(3), 42-58. https://doi.org/10.1111/jacf.12465
Casalino, L.P., Saiani, R., Bhidya, S., Khullar, D., & O'Donnell, E. (2019). Private Equity Acquisition of Physician Practices. Annals of Internal Medicine, 170, 114-115. https://doi.org/10.7326/M18-2363
Choi, J.K., Hann, R.N., Subasi, M., & Zheng, Y. (2020). An Empirical Analysis of Analysts' Capital Expenditure Forecasts: Evidence from Corporate Investment Efficiency. Contemporary Accounting Research, 37(4), 2615-2648.https://doi.org/10.1111/1911-3846.12597
Cohn, J.B., Hotchkiss, E.S. & Towery, E.M. (2022). Sources of Value Creation in Private Equity Buyouts of Private Firms. Review of Finance, 26(2), 257-285. https://doi.org/10.1093/rof/rfac005
CVC. (2022). Annual Financial Report. https://ig.cvc.com/wp-content/uploads/2023/04/annual-financial-report-2022.pdf
Díaz Restrepo, C. A., Patiño, M., Duque, P., Cervantes Cervantes, L. S., & Franco Rivera, A. (2023). Financial Performance in Small and Medium-Sized Enterprises (SMEs): A Bibliometric Analysis of Scientific Production. Apuntes del Cenes, 42(75), 45-80. https://doi.org/10.19053/01203053.v42.n75.2023.14714
Duchessi, P., Nevo, S. & Chengalur-Smith, I. (2012). Coping Strategies for Turbulent Times: A Survey of IT Executives. IT Professional, 14(2), 43-53. https://doi.org/10.1109/MITP.2012.34
Fintel. (2023). Vista Equity Partners Management, LLC-Filing History. https://fintel.io/i13fs/vista-equity-partners-management-llc
Haque, S.M. (2023). Does Private Equity Over-Lever Portfolio Companies? Board of Governors of the Federal Reserve System. https://doi.org/10.17016/feds.2023.009
Harbula, P. (2015). Private Equity and Value Creation. In Private Equity: Opportunities and Risks (pp. 330-359). Oxford University Press. https://doi.org/10.1093/acprof:oso/9780199375875.003.0019
Heinrich, V. (2023). Private Equity Transactions: Value Creation Through Operational Engineering Evidence from Europe. Junior Management Science, 8(3), 634-657.
Hughes, A. (2013). The Turnaround Kings: BE 100s Financial Services Company of the Year. Black Enterprise. https://www.blackenterprise.com/the-turnaround-kings-be-financial-services-company-of-the-year/
Jonny. (2022). Reducing Product Cost for ABC Company Through Lean Production Initiative. In Proceedings of 11th International Congress on Advanced Applied Informatics (pp. 190-200). Bina Nusantara University.
Kaplan, S. & Strömberg, P. (2009). Leveraged Buyouts and Private Equity. Journal of Economic Perspectives, 23(1), 121-146. https://doi.org/10.1257/jep.23.1.121
Klonowski, D. (2014). Venture Capital Financing and Value Creation. In Strategic Entrepreneurial Finance: From Value Creation to Realization (pp. 113-142). Routledge. https://doi.org/10.4324/9780203094976-16
Korteweg, A.G. (2022). Risk and Return in Private Equity. Elsevier. https://doi.org/10.1016/bs.hecf.2023.02.008
Krysta, P.M. & Kanbach, D.K. (2022). Value Creation in Private Equity Portfolio Companies: A Structured Review of Evidence and Proposed Framework. Venture Capital, 24(3-4), 203-286. https://doi.org/10.1080/13691066.2022.2117669
Lao, L. (2022). Enterprise Cost Analysis and Cost Reduction Strategy. Chinese Science and Technology Journal, 2022, 43-46.
Leslie, P. & Oyer, P. (2008). Managerial Incentives and Value Creation: Evidence from Private Equity. National Bureau of Economic Research. https://doi.org/10.3386/w14331
Lubbers, R., Von Eije, J.H. & Westerman, W. (2015). Does Private Equity Stir Up European Industries? SSRN. https://doi.org/10.2139/ssrn.2626078
Meyer, T. (2014). Economics of Private Equity Firms. In Private Equity Unchained (pp. 94-104). Palgrave Macmillan. https://doi.org/10.1057/9781137286826_9
Moszoro, M. (2014). The Math of Private Equity: 2/20, 3-on-5, and 1-in-8. SSRN. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2017764
Murugan, S.A. & Ramprathap, K. (2022). Cost Reduction Techniques and Its Impact of Financial Performance. International Journal of Scientific Research in Engineering and Management, 6(6), 1-11.
Petersone, S., Tan, A., Allmendinger, R., Roy, S. & Hales, J. (2022). A Data-Driven Framework for Identifying Investment Opportunities in Private Equity. Cornell University. https://arxiv.org/abs/2204.01852
Singh, N. (2008). Transaction Costs, Information Technology and Development. Indian Growth and Development Review, 1(2), 212-236. https://doi.org/10.1108/17538250810903792
Su, Z., & Tang, J. (2016). Product Innovation, Cost-Cutting and Firm Economic Performance in the Post-Crisis Context: Canadian Micro Evidence. Journal of Centrum Cathedra, 9(1), 4-26. https://doi.org/10.1108/JCC-08-2016-0009
Subirana, B. (2003). IT/Automation Cost Reduction in Intel's Manufacturing Environment. MIT Sloan School of Management. https://dspace.mit.edu/bitstream/handle/1721.1/5048/4444-03.pdf
The Wall Street Journal. (2023). Blackstone Inc. WSJ Markets. https://www.wsj.com/market-data/quotes/BX/financials
Vista. (2021). The Next Frontier of Software Investment and the Private Markets: How Private Equity Is Uniquely Positioned to Enable the Future of Software. https://info.vistaequitypartners.com/rs/vistaequitypartnersiiillc/images/vista-equity-partners-whitepaper-next-frontier-software-investment-private-markets.pdf
Wilson, N., Uddin, M. & Wright, M. (2022). Exporting by Private Equity-Backed Portfolio Companies. British Journal of Management, 33, 266-285. https://doi.org/10.1111/1467-8551.12566
Xu, L., Zhang, C., Guo, J. & Li, X. (2017). Cost Extension Control Model in Digital Context: From Continuous Cost Reduction to Value Co-creation. Procedia Computer Science, 122, 1077-1083. https://doi.org/10.1016/j.procs.2017.11.476
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dc.relation.ispartofjournal.eng.fl_str_mv Apuntes del Cenes
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dc.relation.citationedition.eng.fl_str_mv Núm. 78 , Año 2024 : Special Issue: the Contemporary Global Economy
dc.rights.eng.fl_str_mv Maximilian Liepert - 2024
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institution Universidad Pedagógica y Tecnológica de Colombia
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spelling Liepert, Maximilian2024-07-13 00:00:002024-07-13 00:00:002024-07-130120-305310.19053/uptc.01203053.v43.n78.2024.172592256-5779https://doi.org/10.19053/uptc.01203053.v43.n78.2024.17259application/pdftext/htmlengUniversidad Pedagógica y Tecnológica de ColombiaMaximilian Liepert - 2024http://creativecommons.org/licenses/by-nc-sa/4.0info:eu-repo/semantics/openAccessThis work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.http://purl.org/coar/access_right/c_abf2https://revistas.uptc.edu.co/index.php/cenes/article/view/17259cost reduction strategiesfinancial performanceprofit margin enhancementcorporate financeIT cost controlestrategias de reducción de costesrendimiento financieromejora del margen de beneficiosfinanzas corporativascontrol de costes informáticosIncreasing EBITDA by Optimizing IT costs for Private Equity Portfolio CompaniesArtículo de revistahttp://purl.org/coar/resource_type/c_6501http://purl.org/coar/resource_type/c_2df8fbb1info:eu-repo/semantics/articleJournal articleinfo:eu-repo/semantics/publishedVersionTexthttp://purl.org/coar/version/c_970fb48d4fbd8a85Bajulaiye, O., Fenwick, M., Skultetyova, I., & Vermeulen, E.P. (2020). Digital transformation in the Hedge Fund and Private Equity Industry. SSRN. https://doi.org/10.2139/ssrn.3528068Belderbos, R., Jacob, J., & Lokshin, B. (2019). Corporate Venture Capital (CVC) Investments and Technological Performance: Geographic Diversity and the Interplay with Technology Alliances. Journal of Business Venturing, 33(1), 20-34. https://doi.org/10.1016/j.jbusvent.2017.10.003Blackstone. (2012). Blackstone Deploys Coupa Software to Streamline Procurement and Approval Processes. https://www.blackstone.com/news/press/blackstone-deploys-coupa-software-to-streamline-procurement-and-approval-processes/Blackstone. (2021). Blackstone Reports Fourth Quarter and Full Year 2020 Results. https://www.blackstone.com/wp-content/uploads/sites/2/2021/01/Blackstone4Q20EarningsPressRelease.pdfBlackstone. (2022). Blackstone Reports Fourth Quarter and Full Year 2021 Results. https://s23.q4cdn.com/714267708/files/doc_financials/2021/q4/Blackstone4Q21EarningsPressRelease.pdfBlackstone. (2023). Blackstone Reports Fourth Quarter and Full Year 2022 Results. https://www.blackstone.com/wp-content/uploads/sites/2/2023/01/Blackstone4Q22EarningsPressRelease.pdfBrown, G., Harris, R., & Munday, S. (2021). Capital Structure and Leverage in Private Equity Buyouts. Journal of Applied Corporate Finance, 33(3), 42-58. https://doi.org/10.1111/jacf.12465Casalino, L.P., Saiani, R., Bhidya, S., Khullar, D., & O'Donnell, E. (2019). Private Equity Acquisition of Physician Practices. Annals of Internal Medicine, 170, 114-115. https://doi.org/10.7326/M18-2363Choi, J.K., Hann, R.N., Subasi, M., & Zheng, Y. (2020). An Empirical Analysis of Analysts' Capital Expenditure Forecasts: Evidence from Corporate Investment Efficiency. Contemporary Accounting Research, 37(4), 2615-2648.https://doi.org/10.1111/1911-3846.12597Cohn, J.B., Hotchkiss, E.S. & Towery, E.M. (2022). Sources of Value Creation in Private Equity Buyouts of Private Firms. Review of Finance, 26(2), 257-285. https://doi.org/10.1093/rof/rfac005CVC. (2022). Annual Financial Report. https://ig.cvc.com/wp-content/uploads/2023/04/annual-financial-report-2022.pdfDíaz Restrepo, C. A., Patiño, M., Duque, P., Cervantes Cervantes, L. S., & Franco Rivera, A. (2023). Financial Performance in Small and Medium-Sized Enterprises (SMEs): A Bibliometric Analysis of Scientific Production. Apuntes del Cenes, 42(75), 45-80. https://doi.org/10.19053/01203053.v42.n75.2023.14714Duchessi, P., Nevo, S. & Chengalur-Smith, I. (2012). Coping Strategies for Turbulent Times: A Survey of IT Executives. IT Professional, 14(2), 43-53. https://doi.org/10.1109/MITP.2012.34Fintel. (2023). Vista Equity Partners Management, LLC-Filing History. https://fintel.io/i13fs/vista-equity-partners-management-llcHaque, S.M. (2023). Does Private Equity Over-Lever Portfolio Companies? Board of Governors of the Federal Reserve System. https://doi.org/10.17016/feds.2023.009Harbula, P. (2015). Private Equity and Value Creation. In Private Equity: Opportunities and Risks (pp. 330-359). Oxford University Press. https://doi.org/10.1093/acprof:oso/9780199375875.003.0019Heinrich, V. (2023). Private Equity Transactions: Value Creation Through Operational Engineering Evidence from Europe. Junior Management Science, 8(3), 634-657.Hughes, A. (2013). The Turnaround Kings: BE 100s Financial Services Company of the Year. Black Enterprise. https://www.blackenterprise.com/the-turnaround-kings-be-financial-services-company-of-the-year/Jonny. (2022). Reducing Product Cost for ABC Company Through Lean Production Initiative. In Proceedings of 11th International Congress on Advanced Applied Informatics (pp. 190-200). Bina Nusantara University.Kaplan, S. & Strömberg, P. (2009). Leveraged Buyouts and Private Equity. Journal of Economic Perspectives, 23(1), 121-146. https://doi.org/10.1257/jep.23.1.121Klonowski, D. (2014). Venture Capital Financing and Value Creation. In Strategic Entrepreneurial Finance: From Value Creation to Realization (pp. 113-142). Routledge. https://doi.org/10.4324/9780203094976-16Korteweg, A.G. (2022). Risk and Return in Private Equity. Elsevier. https://doi.org/10.1016/bs.hecf.2023.02.008Krysta, P.M. & Kanbach, D.K. (2022). Value Creation in Private Equity Portfolio Companies: A Structured Review of Evidence and Proposed Framework. Venture Capital, 24(3-4), 203-286. https://doi.org/10.1080/13691066.2022.2117669Lao, L. (2022). Enterprise Cost Analysis and Cost Reduction Strategy. Chinese Science and Technology Journal, 2022, 43-46.Leslie, P. & Oyer, P. (2008). Managerial Incentives and Value Creation: Evidence from Private Equity. National Bureau of Economic Research. https://doi.org/10.3386/w14331Lubbers, R., Von Eije, J.H. & Westerman, W. (2015). Does Private Equity Stir Up European Industries? SSRN. https://doi.org/10.2139/ssrn.2626078Meyer, T. (2014). Economics of Private Equity Firms. In Private Equity Unchained (pp. 94-104). Palgrave Macmillan. https://doi.org/10.1057/9781137286826_9Moszoro, M. (2014). The Math of Private Equity: 2/20, 3-on-5, and 1-in-8. SSRN. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2017764Murugan, S.A. & Ramprathap, K. (2022). Cost Reduction Techniques and Its Impact of Financial Performance. International Journal of Scientific Research in Engineering and Management, 6(6), 1-11.Petersone, S., Tan, A., Allmendinger, R., Roy, S. & Hales, J. (2022). A Data-Driven Framework for Identifying Investment Opportunities in Private Equity. Cornell University. https://arxiv.org/abs/2204.01852Singh, N. (2008). Transaction Costs, Information Technology and Development. Indian Growth and Development Review, 1(2), 212-236. https://doi.org/10.1108/17538250810903792Su, Z., & Tang, J. (2016). Product Innovation, Cost-Cutting and Firm Economic Performance in the Post-Crisis Context: Canadian Micro Evidence. Journal of Centrum Cathedra, 9(1), 4-26. https://doi.org/10.1108/JCC-08-2016-0009Subirana, B. (2003). IT/Automation Cost Reduction in Intel's Manufacturing Environment. MIT Sloan School of Management. https://dspace.mit.edu/bitstream/handle/1721.1/5048/4444-03.pdfThe Wall Street Journal. (2023). Blackstone Inc. WSJ Markets. https://www.wsj.com/market-data/quotes/BX/financialsVista. (2021). The Next Frontier of Software Investment and the Private Markets: How Private Equity Is Uniquely Positioned to Enable the Future of Software. https://info.vistaequitypartners.com/rs/vistaequitypartnersiiillc/images/vista-equity-partners-whitepaper-next-frontier-software-investment-private-markets.pdfWilson, N., Uddin, M. & Wright, M. (2022). Exporting by Private Equity-Backed Portfolio Companies. British Journal of Management, 33, 266-285. https://doi.org/10.1111/1467-8551.12566Xu, L., Zhang, C., Guo, J. & Li, X. (2017). Cost Extension Control Model in Digital Context: From Continuous Cost Reduction to Value Co-creation. Procedia Computer Science, 122, 1077-1083. https://doi.org/10.1016/j.procs.2017.11.47690786943Apuntes del Ceneshttps://revistas.uptc.edu.co/index.php/cenes/article/download/17259/14389https://revistas.uptc.edu.co/index.php/cenes/article/download/17259/14806https://revistas.uptc.edu.co/index.php/cenes/article/download/17259/15387Núm. 78 , Año 2024 : Special Issue: the Contemporary Global EconomyPublicationOREORE.xmltext/xml2570https://repositorio.uptc.edu.co/bitstreams/1912521c-f604-44a6-b57f-5423e8ad23a1/download33f0926177e5eb0e9c7720dabe021083MD51falseAnonymousREAD001/18678oai:repositorio.uptc.edu.co:001/186782026-10-30 06:52:24.279http://creativecommons.org/licenses/by-nc-sa/4.0metadata.onlyhttps://repositorio.uptc.edu.coRepositorio Institucional UPTCbdigital@metabiblioteca.com