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M&A Blog #17 – valuation (Comparable Company)

Francine Way

Building the proforma income statement, proforma balance sheet, and Free Cash Flow to Firm (FCFF). While different valuation professionals differ on which multiples to use based on the target’s industry, and so on; a few multiples have became analysts favorites: TEV/Revenue, TEV/EBITDA, and TEV/Tangible Book Value.

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M&A Blog #19 – valuation (Leveraged Buy Out - LBO)

Francine Way

The major steps of LBO are: Building the Sources and Uses tables. Building a proforma balance sheet. Building a historical 3-statement model and a debt-interest schedule. Building the go-forward 3-statement model. Building the go-forward debt-interest schedule. Modeling the future exit.

Valuation 130
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M&A Blog #16 – valuation (Discounted Cash Flow)

Francine Way

Build proforma income statement and balance sheet. The 5th step in DCF is to build the proforma income statement and balance sheet, using the proforma assumptions, forecast horizon, and the growth stage selected from the previous step. Derive proforma assumptions from the target’s normalized historical statements.

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It’s Only A Shifting Of Seats – Again!

H. Friedman Search

Firms held meetings in major cities to meet with the released bankers and have already strengthened their ranks in building their teams. Harlan publishes a blog every Thursday here. Subscribe to our monthly newsletter here , which is a compilation of our weekly blogs, so you never miss one. He can also be reached on LinkedIn.

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Exit Planning Through an Investment Banker’s Lens

Focus Investment Banking

Clean Up the Financials Five years of clear, consistent books build trustno formal audit needed, just detail. Consistently book expenses to the appropriate line item. ’ Youve likely spent 30 to 40 years building your current assets and net worth.

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02-09-2024 Newsletter: Intention to Lateral?

OfficeHours

The Lateral Process The biggest piece of advice I have for current banking analysts looking to lateral is to actively build your network. You have to start from the bottom again and build a solid reputation, even if you had been viewed as a “top-bucket” at the prior firm, which can be challenging.

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Buy Side M&A Blog Series - Vol 7 - Valuing The Target

RKJ Partners

In our latest blog installment, we define and outline the key elements involved in valuing a target company. Book Value of Assets: This approach is particularly useful for companies such as manufacturers and warehouses, where the business is heavily dependent on its assets. What is Valuation?

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