KPMG Mexico Private Equity Case Studies - Sources ... - BVCA admin
KPMG Mexico Private Equity Case Studies - Sources ... - BVCA admin
KPMG Mexico Private Equity Case Studies - Sources ... - BVCA admin
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Homex´s business<br />
model was<br />
changed in order<br />
to measure the<br />
company´s<br />
success in terms<br />
of houses sold<br />
instead of in terms<br />
of houses built<br />
<strong>Private</strong> equity case studies<br />
Desarrolladora Homex<br />
Ingresos<br />
millones de pesos<br />
10,000<br />
9,000<br />
8,000<br />
7,000<br />
6,000<br />
5,000<br />
4,000<br />
3,000<br />
2,000<br />
1,000<br />
0<br />
1,146<br />
Before & After the Investment<br />
Income EBITDA Employees<br />
7.70 X<br />
© [year] [legal member firm name], a [jurisdiction] [legal structure] and a member firm of the <strong>KPMG</strong> network of independent member firms affiliated with <strong>KPMG</strong> International<br />
Cooperative (‘<strong>KPMG</strong> International’), a Swiss entity. All rights reserved.<br />
8,820<br />
2000 2005<br />
Concept Impact<br />
Income 7.7 x<br />
Profitability 27.71 x<br />
Employees +9,773<br />
Utilidad<br />
millones de pesos 27.71 X<br />
1,000<br />
912<br />
900<br />
800<br />
700<br />
600<br />
500<br />
400<br />
300<br />
200<br />
100<br />
33<br />
0<br />
2000 2005<br />
Empleados<br />
14,000<br />
12,000<br />
10,000<br />
8,000<br />
6,000<br />
4,000<br />
2,000<br />
0<br />
1,905<br />
6.13 X<br />
11,678<br />
1999 2004<br />
During the period of investment,<br />
Homex´s profitability grew at an<br />
average rate of 94.33% per year.<br />
8