Case: Berkshire Partners: Bidding for Carter's
Questions:
• How does Berkshire Partners create value?
• Does Carter's fit with the Berkshire investment philosophy? Why is Investcorp selling?
• How much firm free cash flow will Carter's generate in the next five years. (2002-2006) based on management estimates?
• How realistic are the management forecasts in light of historical performance of Carter's?
• What should the Berkshire team bid for Carter's?