Value creation through operating improvements in portfolio companies : the case of 3G Capital

Thesis: S.M. in Management Studies, Massachusetts Institute of Technology, Sloan School of Management, 2016.

Bibliographic Details
Main Author: Kamel, Philippe
Other Authors: Donald Sull.
Format: Thesis
Language:eng
Published: Massachusetts Institute of Technology 2016
Subjects:
Online Access:http://hdl.handle.net/1721.1/104526
_version_ 1811081712653828096
author Kamel, Philippe
author2 Donald Sull.
author_facet Donald Sull.
Kamel, Philippe
author_sort Kamel, Philippe
collection MIT
description Thesis: S.M. in Management Studies, Massachusetts Institute of Technology, Sloan School of Management, 2016.
first_indexed 2024-09-23T11:51:17Z
format Thesis
id mit-1721.1/104526
institution Massachusetts Institute of Technology
language eng
last_indexed 2024-09-23T11:51:17Z
publishDate 2016
publisher Massachusetts Institute of Technology
record_format dspace
spelling mit-1721.1/1045262019-04-11T07:18:23Z Value creation through operating improvements in portfolio companies : the case of 3G Capital Kamel, Philippe Donald Sull. Sloan School of Management. Sloan School of Management. Sloan School of Management. Thesis: S.M. in Management Studies, Massachusetts Institute of Technology, Sloan School of Management, 2016. Cataloged from PDF version of thesis. Includes bibliographical references (pages 101-103). This thesis is an attempt to show how a group of three Brazilian businessmen were able to create a private equity firm (3G Capital) that has outperformed its competitors. We will first describe the evolution of the LBO industry, and explain why LBO firms are now forced to design new structures to support their portfolio companies in order to generate alphas that will boost their returns. 3G Capital will serve as an example proving that mastering operational engineering generates higher returns than top quartile competitors. We will then analyze the performance of three companies owned by the Brazilian trio, show that these companies have been able to outperform their peers since they were acquired and point out the key operational drivers that led to this performance. Eventually, based on the analysis of the portfolio companies, we will try to define the specificities of the 3G Playbook and study how it allowed its companies to consistently reach their goals. by Philippe Kamel. S.M. in Management Studies 2016-09-30T19:33:53Z 2016-09-30T19:33:53Z 2016 2016 Thesis http://hdl.handle.net/1721.1/104526 958298122 eng M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. http://dspace.mit.edu/handle/1721.1/7582 103 pages application/pdf Massachusetts Institute of Technology
spellingShingle Sloan School of Management.
Kamel, Philippe
Value creation through operating improvements in portfolio companies : the case of 3G Capital
title Value creation through operating improvements in portfolio companies : the case of 3G Capital
title_full Value creation through operating improvements in portfolio companies : the case of 3G Capital
title_fullStr Value creation through operating improvements in portfolio companies : the case of 3G Capital
title_full_unstemmed Value creation through operating improvements in portfolio companies : the case of 3G Capital
title_short Value creation through operating improvements in portfolio companies : the case of 3G Capital
title_sort value creation through operating improvements in portfolio companies the case of 3g capital
topic Sloan School of Management.
url http://hdl.handle.net/1721.1/104526
work_keys_str_mv AT kamelphilippe valuecreationthroughoperatingimprovementsinportfoliocompaniesthecaseof3gcapital