Mergers and Inquisitions

OCTOBER 18, 2023

In a good industry group, you might build a 3-statement model for a client based on a detailed review of its business, and you would use the output in the CIM and management presentation to market the company. Again, LevFin is the exception and provides realistic exits into private equity, direct lending , mezzanine , etc.).

Capital Market 59

Capital Market Investment Banking Recruitment Capital 59

iMerge Advisors

APRIL 19, 2025

Summary of: M&A Advisory for SaaS Businesses Under $50 Million: Strategic Considerations for Founders For founders of SaaS companies generating under $50 million in revenue or enterprise value, the M&A landscape presents both opportunity and complexity. Strategic vs. Financial Buyers: Whos the Right Fit?

M&A 40

M&A Advisory Business Valuation 40

Mergers and Inquisitions

SEPTEMBER 11, 2024

For a good example, look at this BofA presentation to Green Plains , which was structured as an MLP at the time and treated like a pipeline company in oil & gas. If you look at the presentations and valuations below, you will still see standard valuation multiples like TEV / Revenue, TEV / EBITDA, and P / E.

Investment Banking 59

Investment Banking Banking Bank Investment 59

Mergers and Inquisitions

JANUARY 10, 2024

When a deal becomes “active” in IB, you dive into it and go in-depth into all aspects, from the financials to the buyer/seller outreach to the presentations and more. You can think of it like this: Wealth Management: Broad and long-term/continuous client coverage.

Investment Banking 59

Investment Banking Management Banking Bank 59

Mergers and Inquisitions

DECEMBER 4, 2024

But this started changing in the 2010s and early 2020s as team values skyrocketed and billionaires, sovereign wealth funds , and sports private equity firms all jumped into the sector. Regulations – Does the league allow private equity or other financial sponsor ownership? How many individuals can be team owners?

Investment Banking 105

Investment Banking Banking Bank Investment 105

Mergers and Inquisitions

JANUARY 22, 2025

Equity research recruiting tends to be less structured, though the bulge bracket banks and elite boutiques still run traditional processes that start over a year before summer internships. If you do IB, you can get into deal-based roles ( private equity , corporate development , venture capital , etc.),

Investment Banking 64

Investment Banking Equities Banking Bank 64

Mergers and Inquisitions

SEPTEMBER 6, 2023

Private equity was viewed as a “lightly regulated” industry for a long time. government has become more aggressive about regulating all “private funds” (private equity, hedge funds, venture capital, etc.) You can read all ~660 pages of the new “Private Fund Rule,” but the SEC’s summary is more than enough.

Private Equity 105

Private Equity Equities Finance Finance 105

Mergers and Inquisitions

MAY 8, 2024

This results in unnecessary presentation turns, re-run analyses for no apparent reason, and endless back-and-forth over minutiae in the Fairness Opinion and other documents. In 2021, after the infamous “Goldman Sachs” presentation went viral , banks raised base salaries and changed their staffing and work-from-home policies.

Investment 111

Investment Investment Banking Banking Bank 111