Long-Form M&A Modeling

Overview

Participants build a full three statement Long Form M&A model with relevant outputs. Concepts covered include:

• Need for long-form M&A model versus short-form
• Standalone acquirer and target models
• Asset vs. stock deal toggle and related tax consequences
• Deal terms
  • Transaction data
  • Key assumptions
  • Sources and uses
  • Fees (advisory, equity, debt)
  • Deal goodwill
  • Combo shares & Refinancing debt
  • Stock vs. cash
  • Fair value adjustments and resulting DTLs Synergies
• Combo income statement, balance sheet and cash flow statement
• Deal analysis
  • EPS accretion/dilution
  • Ownership dilution
  • Sensitivity analysis
  • Synergies-to-break-even analysis
  • Credit analysis
  • ROIC analysis
  • Contribution analysis
  • Analysis at various prices
  • Ability to pay analysis