Ait Group
Posted: 30 Dec 2006
Date Written: February 10, 2003
Abstract
SUBJECT AREAS: Due diligence, Negotiations
CASE SETTINGS: United Kingdom; Software industry; Venture capital firms; 33 million British pounds; 500 employees; 2002
A U.S. venture capital firm has just learned that the deal structure for purchasing an illiquid U.K. software firm is unacceptable to institutional investors. Discusses whether the group still wants to go through with the deal. The key to that is whether the due diligence has uncovered all the issues that would affect the price that the investors will pay for the company and the amount they need to provide to get it back on its feet.
Suggested Citation: Suggested Citation
Hardymon, G. Felda and Leamon, Ann and Lerner, Josh, Ait Group (February 10, 2003). HBS Publishing Case No.: 9-803-104; Teaching Note No.: 9-805-037, Available at SSRN: https://ssrn.com/abstract=954267
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