Investment Banking : Valuation, Leveraged Buyouts, and Mergers & Acquisitions

Format:

Book

Author/Creator:

Rosenbaum, Joshua.

Contributor:

Pearl, Joshua.

Series:

Wiley Finance

Language:

English

Subjects (All):

Investment analysis.

Investment banking.

Investments.

Real estate investment.

Valuation.

Leveraged buyouts.

Consolidation and merger of corporations.

Local Subjects:

Investment analysis.

Investment banking.

Investments.

Real estate investment.

Physical Description:

1 online resource (448 p.)

Edition:

2nd ed.

Place of Publication:

Hoboken : Wiley, 2013.

Language Note:

English

System Details:

text file

Summary:

The No. 1 guide to investment banking and valuation methods, including online tools In the constantly evolving world of finance, a solid technical foundation is an essential tool for success. Until the welcomed arrival of authors Josh Rosenbaum and Josh Pearl, no one had taken the time to properly codify the lifeblood of the corporate financier?s work?namely, valuation, through all of the essential lenses of an investment banker. With the release of Investment Banking, Second Edition: Valuation, Leveraged Buyouts, and Mergers & Acquisitions, Rosenbaum and Pearl once again have

Contents:

Cover; Series; Title Page; Copyright; Dedication; Additional Resources; VALUATION MODELS; WORKBOOK; FOCUS NOTES; About the Authors; CONTACT THE AUTHORS; Foreword; Acknowledgments; Introduction; STRUCTURE OF THE BOOK; VALUECO SUMMARY FINANCIAL INFORMATION; Part One: Valuation; Chapter 1: Comparable Companies Analysis; SUMMARY OF COMPARABLE COMPANIES ANALYSIS STEPS; STEP I. SELECT THE UNIVERSE OF COMPARABLE COMPANIES; STEP II. LOCATE THE NECESSARY FINANCIAL INFORMATION; STEP III. SPREAD KEY STATISTICS, RATIOS, AND TRADING MULTIPLES; STEP IV. BENCHMARK THE COMPARABLE COMPANIES

STEP V. DETERMINE VALUATIONKEY PROS AND CONS; ILLUSTRATIVE COMPARABLE COMPANIES ANALYSIS FOR VALUECO; Chapter 2: Precedent Transactions Analysis; SUMMARY OF PRECEDENT TRANSACTIONS ANALYSIS STEPS; STEP I. SELECT THE UNIVERSE OF COMPARABLE ACQUISITIONS; STEP II. LOCATE THE NECESSARY DEAL-RELATED AND FINANCIAL INFORMATION; STEP III. SPREAD KEY STATISTICS, RATIOS, AND TRANSACTION MULTIPLES; STEP IV. BENCHMARK THE COMPARABLE ACQUISITIONS; STEP V. DETERMINE VALUATION; KEY PROS AND CONS; ILLUSTRATIVE PRECEDENT TRANSACTION ANALYSIS FOR VALUECO; Chapter 3: Discounted Cash Flow Analysis

STEP I. STUDY THE TARGET AND DETERMINE KEY PERFORMANCE DRIVERSSTEP II. PROJECT FREE CASH FLOW; STEP III. CALCULATE WEIGHTED AVERAGE COST OF CAPITAL; STEP IV. DETERMINE TERMINAL VALUE; STEP V. CALCULATE PRESENT VALUE AND DETERMINE VALUATION; KEY PROS AND CONS; ILLUSTRATIVE DISCOUNTED CASH FLOW ANALYSIS FOR VALUECO; Part Two: Leveraged Buyouts; Chapter 4: Leveraged Buyouts; KEY PARTICIPANTS; CHARACTERISTICS OF A STRONG LBO CANDIDATE; ECONOMICS of LBOs; PRIMARY EXIT/MONETIZATION STRATEGIES; LBO FINANCING: STRUCTURE; LBO FINANCING: PRIMARY SOURCES; LBO FINANCING: SELECTED KEY TERMS

LBO FINANCING: DETERMINING FINANCING STRUCTUREChapter 5: LBO Analysis; STEP I. LOCATE AND ANALYZE THE NECESSARY INFORMATION; STEP II. BUILD THE PRE-LBO MODEL; STEP III. INPUT TRANSACTION STRUCTURE; STEP IV. COMPLETE THE POST-LBO MODEL; STEP V. PERFORM LBO ANALYSIS; ILLUSTRATIVE LBO ANALYSIS FOR VALUECO; Part Three: Mergers & Acquisitions; Chapter 6: Sell-Side M&A; AUCTIONS; NEGOTIATED SALE; Chapter 7: Buy-Side M&A; BUYER MOTIVATION; ACQUISITION STRATEGIES; FORM OF FINANCING; DEAL STRUCTURE; BUY-SIDE VALUATION; MERGER CONSEQUENCES ANALYSIS

ILLUSTRATIVE MERGER CONSEQUENCES ANALYSIS FOR THE BUYERCO / VALUECO TRANSACTIONAfterword; Bibliography and Recommended Reading; Index

Notes:

Description based upon print version of record.

Includes bibliographical references.

ISBN:

9781118421611

1118421612

OCLC:

850164874