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Exit Planning Through an Investment Banker’s Lens

Focus Investment Banking

Optimize Working Capital (One Year Ahead) What It Is: Net Working Capital (NWC) is Current assets minus current liabilities (A/R + Inventory A/P + Accrued Expenses), excluding cash, which you keep (in a typical cash-free, debt-free transaction). Have a conversation with your bookkeeper about the below and hold them accountable.

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Equity Research vs. Investment Banking: Careers, Compensation, Exits, and AI/Automation Risk

Mergers and Inquisitions

At the junior levels , entry-level professionals in both fields spend a lot of time in Excel working on models, valuations, and documents such as equity research reports and investment banking pitch books. consolidation accounting , lease accounting , etc.). Investment Banking: Which Ones Right for You?

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Infrastructure Investment Banking: Definitions, Deals, and a Dizzying Diversity of Verticals

Mergers and Inquisitions

Infrastructure Investment Banking Definition: In infrastructure investment banking, bankers advise companies in the data center, renewables, transportation, utilities, and energy storage/transportation markets on equity and debt issuances, asset deals, and mergers and acquisitions.

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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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The Great Game of Business: Teaching Financial Literacy and Ownership

How2Exit

He explains the concept of open book management and how it can demystify financials for employees. rn Steve and Ron discuss the challenges faced by businesses and the need to build a great company. They stress the importance of aligning education, accountability, and incentives to the goal of building a great company.

Business 130
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Trial Balance

Wall Street Mojo

Trial Balance Meaning Trial Balance is the report of accounting in which ending balances of a different general ledger of the company are and is presented into the debit/credit column as per their balances, where debit amounts are listed on the debit column, and credit amounts are listed on the credit column.

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

Francine Way

Essentially, it is a way to value a company based on cash generated from operation, taking into account all major expenses. Build proforma income statement and balance sheet. Calculate cost of debt, cost of equity, and weighted average cost of capital (WACC). Remember the cardinal rule in accounting: balance sheet must balance.