Buyout: The Insider's Guide to Buying Your Own Company [Hardcover]

Rick Rickertsen (Author), Robert E. Gunther (Author)

Book Description

Publication Date: March 15, 2001

"Successful management buyouts (MBOs) are the pinnacle of business success today and a great way to earn an ever-increasing stake in the American dream. Buyout provides managers and executives with the necessary tools and strategies for leading a company or division buyout. It explores the details of the entire buyout process and empowers managers to seize their destiny and take charge. Managers learn how to: * Find a company to purchase * Develop a business plan * Negotiate with the seller * Win the "ground war" of due diligence * Find equity partners and negotiate the management deal with investors * Run the company after the MBO. Buyout offers real-life stories of people who actually pulled off out-of-this-world deals and became rich beyond their wildest expectations."

Editorial Reviews

Review

"After reading Rickertsen's insider view on leveraged deals, no one in America will want to work for wages again." -- David Bonderman, leading global investor and founder of the Texas Pacific Group

"Likely toecome the essential manual for management buyouts." -- Dr. Terrance Lapier, Entrepreneurship Faculty, The Wharton School

"Rickertsen has written a must-read for every manager with the dream of buying and running his own company." -- Bill Marriott, Chairman, Marriott International, Inc.

Review

"""Rickertsen is one of America's most gifted buyout experts. Anyone interested in an inside look at the buyout world and the opportunities for managers in these deals will learn volumes from this book.""

--Jack Kemp, Empower America

""Only insiders know how this stuff works. Rickertsen is an insider. He brings the complexity of high finance to its knees and leaves it begging for mercy. He explains its inner workings so that even a journalist can understand them.""

--Michael Lewis, author of Liar's Poker and The New New Thing "

See all Editorial Reviews

Product Details

• Reading level: Ages 17 and up
  
• Hardcover: 304 pages
• Publisher: AMACOM (March 15, 2001)
• Language: English
• ISBN-10: 0814406262
• ISBN-13: 978-0814406267
• Product Dimensions: 9.4 x 6.3 x 1.4 inches
• Shipping Weight: 1.6 pounds (View shipping rates and policies)
• Average Customer Review: 4.5 out of 5 stars  See all reviews (21 customer reviews)
• Amazon Best Sellers Rank: #211,582 in Books (See Top 100 in Books)
  • #54 in Books > Business & Investing > Management & Leadership > Consolidation & Merger

Customer Reviews

Most Helpful Customer Reviews

28 of 28 people found the following review helpful:

4.0 out of 5 stars For the big fish., November 10, 2003

By A Customer

Amazon Verified Purchase

This review is from: Buyout: The Insider's Guide to Buying Your Own Company (Hardcover)

Rickertsen presents a comprehensive overview of a management buyout. Before you buy the book, you should know that he is talking about larger companies, and he is talking about fairly senior executives buying them. (One of his examples of a successful buyout manager is Roger Ballou who ran the travel part of American Express.)If you are looking for a company with $5 million in revenues, you may find valuable information here, but you will likely find other books, targeting a smaller company, more appropriate.

11 of 11 people found the following review helpful:

4.0 out of 5 stars Stuart Trier, April 27, 2005

By 

Stuart Trier - See all my reviews
(REAL NAME)   

This review is from: Buyout: The Insider's Guide to Buying Your Own Company (Hardcover)

Rickertsen presents a comprehensive overview of a management buyout. Before you buy the book, you should know that he is talking about larger companies, and he is talking about fairly senior executives buying them. (One of his examples of a successful buyout manager is Roger Ballou who ran the travel part of American Express.)If you are looking for a company with $5 million in revenues, you may find valuable information here, but you will likely find other books, targeting a smaller company, more appropriate.

8 of 8 people found the following review helpful:

5.0 out of 5 stars The advantages of capitalism!, June 19, 2001

By 

Jeff Vervlied (glenside, pa USA) - See all my reviews

This review is from: Buyout: The Insider's Guide to Buying Your Own Company (Hardcover)

A compilation of the process and risks of management buyouts, the ultimate means to truly test the skills of a businessperson: merger and acquisition skills, operational skills, marketing and sales skills, financial skills, and leadership skills are all put to test when you embark into the world of merchant banking.

Rick also demonstrates the risks of the MBO world, as well as the upside that makes the process so famous and widely practiced. Readers should listen to his advice on the negatives, and what can happen when things go dramatically wrong, either in the analysis or the operational steps of the process.

Rick has done a fabulous job of assembling many issues into a single tool, which I not only have read, but am giving as a gift to prospective clients. I could have used this several years and several hundred thousand dollars ago!