Remove 2020 Remove Debt Remove Private Equity
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06-30-2023 Newsletter: Mastering the Paper LBO: A Crucial Part of the Private Equity Interview Process

OfficeHours

Are you preparing for upcoming private equity interviews? If so, understanding the mechanics of a leveraged buyout is paramount… Paper LBOs are an important part of any private equity interview. To go from equity value to enterprise value, add the net debt (debt minus cash) of the company to equity value.

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Private Equity Value Creation: Equally Viable Alternative to PE Deal Teams?

Mergers and Inquisitions

Private equity value creation came on my radar a few years ago when I noticed something: Even though traditional PE deal roles were not doing well, “operational” or “value creation” teams still seemed to be recruiting. What Does the Private Equity Value Creation Team Do in Real Life?

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08-20-2023 Newsletter: Sunday Reading

OfficeHours

Written by a Top OfficeHours Private Equity Coach Is PE a Good Fit for you? To know if the buyside is right for you, let’s start with a textbook understanding of “What is private equity?” Many first-year (and some second-year) analysts are unsure if private equity should be their next step.

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07-04-2023 Newsletter: July 4th PE Platform Sale!

OfficeHours

Going to keep today rather simple — we want to celebrate and kick off the second half of the year with a simple offer for the first 10 people that take advantage of the below — PE Platform Access for $225 OFF = $74 out of pocket for lifetime access Our flagship program has placed mentees into most major private equity firms since launching in 2020.

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Deal Diary: Wachtell, Kirkland Work Nasdaq, Adenza Tie-Up

The Deal

for an undisclosed sum in 2020; of eVestment for $705 million in 2017; and of International Securities Exchange Holdings Inc. Geller is on the deal at Adenza, while managing partner Holden Spaht and partner Brian Jaffee lead the investment at Thoma Bravo, a private equity sponsor. in 2020 and of Calypso Technology Inc.

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Insurance Brokerage M&A in the First Half of 2020

Sica Fletcher

Private equity firms continue to drive transaction pace and value. They have enormous amounts of dry powder that they must deploy and continue to have access to very inexpensive debt. This blog post analyzes the significance of the statistics included in our ,, Second Quarter 2020 Sica Fletcher Agency & Broker Buyer Index.

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Recap: 2023 West Coast M&A/Private Equity Forum

Focus Investment Banking

At this year’s West Coast M&A/Private Equity Forum, which took place on September 28th in East Palo Alto, those differences were on full display. In the forward for Gone to Pot, a 2020 book about the early days of the legal cannabis industry, I mentioned “the caravan.” Will AI be the next addition to the caravan?