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

Mergers and Inquisitions

And the answer is maybe consumer retail , FIG , and most of tech and TMT ? Infrastructure includes select verticals from many other groups, but not entire other groups: For example, in real estate, data center, cell tower, and fiber infrastructure REITs are considered infrastructure, but hotel and retail REITs are not.

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M&A Blog #22 – valuation (less known valuation methods)

Francine Way

Thus far, we have covered four popular valuation methods in M&A (DCF, Comparable Company, Precedent Transaction, and LBO) and one less known one that is making its way out of the academic realm into the business world (Dividend Discount Method, DDM).

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What is Cash Flow from Operations (CFO)?

Peak Frameworks

Cash Flow from Operations in Valuation Models Valuation models such as the Discounted Cash Flow (DCF) model use CFO as a key input. For example, Alphabet's (Google's parent company) consistently strong CFO has been a positive indicator in DCF models and has contributed to its high valuation.

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Vertical Merger Integration: Definition, Legal, and Regulatory Considerations

Peak Frameworks

Notable Examples Several high-profile vertical mergers have reshaped industries, such as the acquisition of Pixar by Disney , integrating content creation with distribution channels, and Amazon’s purchase of Whole Foods , linking retail distribution with a leading online platform.

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Growth Equity: The Child Prodigy of Private Equity and Venture Capital, or an Artifact of Easy Money?

Mergers and Inquisitions

Growth equity firms could invest in any industry but tend to be skewed toward technology and TMT , with some exposure to consumer/retail , healthcare , and financial services. Financial Modeling: Like private equity, 3-statement models are common, as are valuations and DCF models , but LBO models are less common since not all deals use debt.

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The Full Guide to Healthcare Private Equity, from Careers to Contradictions

Mergers and Inquisitions

Pharmacies are closer to retail companies; nursing facilities are like REITs or real estate; small physicians’ practices are like consulting firms; and HCIT companies could be more like software or IT services firms. Interview Guide : There’s a DCF case study based on Attendo AB, a healthcare facility company in Sweden.

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Metals & Mining Investment Banking: The Full Guide to Ground Zero for the Energy Transition

Mergers and Inquisitions

Valuation , such as the different multiples used for mining companies and the NAV model in place of the DCF (see below). To value it, we build a standard DCF based on production volumes, CapEx to drive capacity, and assumed steel prices: The valuation multiples are also standard (TEV / Revenue, TEV / EBITDA, and P / E).