Publications
Publications
- September 2008
- HBS Case Collection
Yucheng Technology
By: Li Jin, Li Liao, Chang Chen and Aldo Sesia
Abstract
The founder and CEO of an IT company servicing the needs of the financial services industry in China needs to raise capital for the company to grow and survive. He has two options. He can try and obtain financing from private equity investors, or he can accept a proposal from a special purpose acquisition company (SPAC) to merge with another small IT company, and then be a part of a reverse acquisition and immediate listing on the over the counter bulletin board (OTCBB) in the U.S.
Keywords
Mergers and Acquisitions; Private Equity; Growth and Development Strategy; Information Technology; Financial Services Industry; China; United States
Citation
Jin, Li, Li Liao, Chang Chen, and Aldo Sesia. "Yucheng Technology." Harvard Business School Case 209-048, September 2008.