CNBC: Investing

AUGUST 4, 2025

In 2013, Buffett teamed up with Brazilian private equity company 3G Capital to acquire Heinz. billion in equities in the first six months of 2025. Pre-tax underwriting earnings at Geico rose slightly, to $1.8 "I was wrong in a couple of ways about Kraft Heinz," Buffett tells CNBC. "We overpaid for Kraft."

S&P

Mergers and Inquisitions

JULY 23, 2025

Titles and groups are quite standard in IB but vary more in commercial banking (CB), and entry-level roles include everything from underwriters to credit officers to treasury officers/analysts and relationship managers; most people start as underwriters. potentially over a 2x difference at the top levels).

Investment Banking

OfficeHours

AUGUST 7, 2023

Remember that a sellside’s projections will almost always be more aggressive than a PE firm will underwrite, so you’ll want to haircut them significantly. investment banking, private equity , VC, etc.) As you fill in the model, think about the growth projections you saw in the CIM for the income statement. and how our process works.

Investment

Cooley M&A

MARCH 1, 2019

Even for a thriving business with a viable equity story, committed stakeholders and the right advisers, the final deal terms and valuation are typically guided by factors beyond a company’s control. Stock market forces also make the timing of an eventual outright exit and the final blended valuation of equity sales over time uncertain.

IPO

How2Exit

AUGUST 8, 2023

This strategy involves a business, private equity owner, or sponsor selling its company-owned real estate that is considered mission-critical to its operations. By selling a non-core asset at a higher multiple than the broader business would trade, the business can see equity value creation.

Sale

Focus Investment Banking

MAY 16, 2025

Timing Kills Deals: Why Government Contractors Cant Afford to Wait In the world of M&A, especially in the government contracting sector , the biggest threat to a successful transaction isnt price, valuation gaps, or competitionits time. Buyerswhether private equity or strategicsare in the business of underwriting risk.

Government

Cooley M&A

MARCH 22, 2023

Valuation and consideration Your valuation will be agreed upon at the time of announcement, unlike pricing in an IPO, which is exposed to market fluctuations. What will the cash balance of the combined group be, and do you need to consider a private investment in public equity (PIPE) financing alongside the transaction?

Mergers