Long-Form M&A Modeling

Estimated completion: 3 hours

Long-Form M&A Modeling walks you through step-by-step how to combine the financial statements of two companies into one merged entity. Based on the new pro forma company, you will build detailed outputs to determine the financial implications of the transaction. This essential skill is useful in a variety of financial services roles including investment banking, private equity, corporate finance, and many more. As one of Pillars’ most detailed courses, you will cover the following topics over the course of approximately 3-4 hours:

• Deal sources and uses
• Goodwill creation and accounting treatment
• Opening balance sheet considerations and merging best practices
• Income Statement and Balance Sheet merging rules
• Modeling complexities related to taxation, interest, and circularities
• Deal accretion or dilution
• Deal structuring considerations
• Pro-forma ownership and capitalization
• Synergies to break even
• Sensitizing premium paid and deal consideration
• Self-referencing IF tables

The ultimate M&A modeling course begins here.