10 Most Successful LBOs and Private Equity Buyouts in History

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4. Hilton Hotels

Year: 2007
Nominal value: $26 billion
Value in 2017 dollars: $31.44 billion
Buyer: Blackstone Group LP (NYSE:BX)

In a deal that took a year to negotiate, Steve Schwarzman ended up paying a 25% premium on Hilton’s shares (or 32% more than their value on the day before the deal was closed). In return, his fund became the largest hotel owner on the planet. It was one of the last big deals before the crash and a high-water mark of the Golden Age. For a while, it seemed that Schwarzman bet badly and that the Hilton Worldwide Holdings Inc. (NYSE:HLT) deal would be Blackstone Group LP (NYSE:BX)’s doom, but as it turned out, the firm stands to make quite a bit of money on its investment. Now, let’s see the top three on our list of most successful LBOs and private equity buyouts in history.

10 Most Successful LBOs and Private Equity Buyouts in History

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Follow Hilton Worldwide Holdings Inc. (NYSE:HLT)

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