Barrett, The Honors College Thesis/Creative Project Collection

Permanent Link Feedback

Contributor
Date Range
2013 2017

This thesis details our experience assisting BASE Equity Partners, a private equity firm based in New York City, on three prospective agricultural dealership deals over the course of this past academic year. The firm is currently structured as a Fundless Sponsor. This distinct structural trait is common for a type of private equity firm known among practitioners as pledge funds. This creates an interesting element for our experience as there is very limited academic research on these types of firms, which, since the Great Recession, have become popular players in middle-market private equity deals. We, first, provide some historical context ...

Contributors
Tang, Ivan, Johnson, Bradley, Panosian, Tro, et al.
Created Date
2015-05

Our thesis project aims to evaluate a major semiconductor company’s (The Company) substrate supplier strategy in order to find the ideal number of suppliers that minimizes fixed cost and supplier power. With The Company spending roughly $2.2 billion annually on substrates, supplier strategy has a significant impact on their costs. As a general rule in micro processing, the circuitry of the processor becomes twice as dense every two years. The substrate, being the pathway through which the process or with the motherboard, must become more advanced as well, although the technology does not grow at nearly the same speed. Leading ...

Contributors
Wright, Brian, Hertzel, Michael, Simonson, Mark, et al.

Semiconductor Manufacturer (Semi) wants to improve the valuation of the extended warranties they purchase for their metrology tools and determine whether or not extended warranties are worth the financial investment. Historically, suppliers have commonly overvalued warranties. For example, there is a 50%-60% profit margin on warranties in the consumer electronics industry. The costs incurred from purchasing extended warranties contribute to millions of dollars each year in tool ownership for Semi. By creating an extended warranty valuation model, our goal is to reduce the total cost of metrology tool ownership. A different perspective on the valuation of extended warranties will lead ...

Contributors
Gordon, Audrey Elizabeth, Barkley, Erin, Brady, Max Jordan, et al.
Created Date
2013-05

This thesis is a Mergers and Acquisitions (M&A) Pitchbook for the Boston Beer Company (SAM) to acquire the Craft Brew Alliance (BREW). This thesis includes a background on the beer industry, the craft beer industry, SAM and BREW. As well, the thesis includes an analysis of the reasons for the acquisition, potential risks and downsides, a valuation analysis including all of the potential and realistic synergies, conclusions and a recommendation to SAM to acquire BREW before a larger company does.

Contributors
Zulanas, Charles, Simonson, Mark, Aragon, George, et al.
Created Date
2015-04-01

Leveraged buyouts have gone in and out of popularity over the last four decades. The first wave began in the 1980’s with the rising popularity of junk bonds, followed by years of economic downturn, and then a rise and respective fall from the dot com era. However, in the 2000’s, attitudes were high and a period of low interest rates, covenant-lite loans, and relaxed lending conditions gave rise to some of the largest leveraged buyouts in US history. As the name implies, leveraged buyouts are predominantly structured with debt, around 70% of the total transaction value. Private equity firms execute ...

Contributors
Nelson, Corey Mitchell, Simonson, Mark, Aragon, George, et al.
Created Date
2017-05

The purpose of this paper serves to act as a continuation of a prior study conducted by Gaurav Jetley and Xinyu Ji explaining the decrease in merger arbitrage spread returns for the time period 1990-2007. Based on further research and analysis, it was concluded the merger arbitrage spread has continued to decline for the years 2008-2012. Part of the decline may be explained by a reduction in trading costs associated to merger arbitrage, capacity constraints (given an increase in devoted capital to the merger arbitrage investment strategy with a limited number of deals), as well as decreased risks. The narrowing ...

Contributors
Krause, Chase James, Simonson, Mark, Aragon, George, et al.
Created Date
2014-12

Company X is one of the world’s largest semiconductor companies in the world, having a current market capitalization of 177.44 Billion USD, an enterprise value of 173.6 Billion USD, and generated 52.7 billion USD in revenue in fiscal year 2013. Recently, Company X has been looking to expand its Foundry business. The Foundry business in the semiconductor business is the actual process of making the chips. This process can be approached in several different ways by companies who need their chips built. A company, like TSMC, can be considered a pure-play company and only makes chips for other companies. A ...

Contributors
Jones, Trevor, Matiski, Matthew, Green, Alex, et al.
Created Date
2015-05-08

I will determine what the Average Handle Time goal should be for the company and establish why the Average Handle Time has increased over time. I am looking at data compiled from July 1st 2012 to June 30th 2013 in order to assist the company so it can budget resources more effectively in the future. For this project, there are a few questions I aim to answer. The questions are as followed: 1. What should the budgeted Average Handle Time be for the company in future time periods? 2. What are some improvements that can be made in order to ...

Contributors
King, Dylan Michael Hiroshi, Simonson, Mark, Luna, David, et al.
Created Date
2014-05

It is evident that this generation of young people are buried in debt, both during college and the years after graduating. There is lots of talk about the problem, but not much talk about the solution. I created a video blog (vlog) that is about personal finances targeted at college students and recent college graduates. The videos cover different topics in each video, on things from saving to investing to budgeting and others. I tried to make it both funny and informative, so that it would not be boring to watch and each video would be easy to learn from. ...

Contributors
Staley, Matthew Michael Gallagher, Budolfson, Arthur, Simonson, Mark, et al.
Created Date
2014-05

This thesis looks into the current method a particular company uses to value its inventory carrying costs (ICC). By identifying costs incurred during all stages of production, along with incorporating industry standards and academic research while avoiding the shortcomings of the company’s current method, this thesis was able to derive a more comprehensive and manageable tool for measuring ICC. Our findings led to concrete recommendations, which will provide real value to company managers by improving the accuracy of project finance calculations, supply chain optimization modeling, and numerous other decisions relying on accurate inventory data inputs.

Contributors
Dougherty, Mitch, Marshall, Jeffrey, Zieler, Jason, et al.
Created Date
2014-05

Barrett, the Honors College accepts high performing, academically engaged students and works with them in collaboration with all of the other academic units at Arizona State University. All Barrett students complete a thesis or creative project, supervised and defended in front of a faculty committee. The thesis or creative project allows students to explore an intellectual interest and produce an original piece of scholarly research. The thesis or creative project is a student’s opportunity to explore areas of academic interest with greater intensity than is possible in a single course. It is also an opportunity to engage with professors, nationally recognized in their fields and specifically interested and committed to working with honors students. This work provides tangible evidence of a student’s research, writing and creative skills to graduate schools and/or prospective employers.