Chapter 1Fundamentals & structures
Why buyers ask for rollover equity — and how rollover, sweet equity and co-investment change your stake, your upside and your control after the sale.
14-page guide
Rollover equity in a company sale
When part of the purchase price is not paid in cash but stays invested in the company: this guide explains how rollover equity works, where value is created — and where the traps are.
- Rollover, sweet equity and co-investment compared
- Worked example including the waterfall
- Seven negotiation points for sellers
PDFContents
What's inside
Chapter 1
Chapter 2Valuation, dilution & worked example
How entry valuation, liquidation preference and dilution determine what your rolled-over stake is really worth — including a full waterfall.
Chapter 3Risks, taxes & negotiation
The six risks that erode rollover equity, the tax levers for your net return and seven points that secure your position.
Author
Who wrote the guide
Lorenzo LenhardInvestment Professional @ FeldbergInvestment Professional with over five years of private equity and investment banking experience. He previously worked at a tech and software focused fund investing in the German mid market out of Munich.
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