EVCA

In recent years, there has been a dramatic increase both in the number of companies acquired by private equity firms, and in the total value of these deals. The way in which employees of these businesses are affected by this shift in ownership is therefore a topic that merits rigorous scrutiny. To this end, the Centre for Management Buyout Research (CMBOR) at Nottingham University Business School has conducted a comprehensive survey of 190 private equity-owned businesses that were subject to a buyout between 2002 and 2006. The study "The Impact of Private Equity-backed Buyouts on Employee Relations", conducted in association with EVCA, assessed the quality of employee relations across a range of measures, including changes to real earnings, occupational pension schemes, employee consultative committees and trade union relations.