In February 2020, Pan-China Consulting Services Co. Ltd. (Pan-China) was entering its third decade in operation. Pan-China’s founder was reviewing the firm’s evolution and discussing several key opportunities with his team. Over the previous two decades, the company had shown solid performance in providing financial and capital markets advice to over 200 companies. It had generated strong returns for its key investors, who ensured that every deal was financially secured by the company’s auditing, financial, and consulting expertise. However, the founder and his two senior advisers had to make some decisions. Should Pan-China participate in a new round of private placement investment? Should it consider investing in a second opportunity? Which fund issuance would be the best fit for Pan-China? Was its consulting and investment business model sustainable?
泛华咨询服务公司:未来发展方向评估 Pan-China Consulting Services: Assessing Future Directions (Simplified Chinese version)
Yaqi Shi, Chaopeng Wu, Shi Li, Han Chen
Product #:W33698
Supplier:Xiamen/Ivey
Discipline:Accounting, Finance
Setting:China, 2020
Industries:
Your Price:$10.54
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Learning Objectives
- 确定创业精神和企业文化对投资公司的影响。
- 评估这种模式在捕捉投资机会、进行交易、产生回报、增加资产管理规模以及增加利息、税项、折旧和摊销前收益方面的优势和劣势。
- 评估投资机会并探索筛选和放弃的原因。
- 评估不同类型的PE 和VC 基金的优势和劣势。
This case is suitable for corporate finance, venture capital (VC), or investment courses at the undergraduate and graduate level. The case assumes that students already have an understanding of private equity (PE) and VC business models, private placement, and investment decisions. The case should not be used as an introduction to these topics. After working through the case and assignment questions, students will be able to do the following: • Determine the impact of entrepreneurship and corporate culture on investment companies. • Evaluate the advantages and disadvantages that such a model provides in capturing investment opportunities, making deals, generating returns, increasing assets under management, and growing earnings before interest, taxes, depreciation, and amortization. • Assess investment opportunities and explore the reasons for their screening and abandonment. • Evaluate the advantages and disadvantages of different types of PE and VC funds.