Course Objectives
By the end of the course delegates will have the skills to develop the optimal financing structure for private equity transactions:
- Value a target company using multiples
- Calculate goodwill using acquisition arithmetic
- Forecast a pro-forma balance sheet by using the most appropriate sources of debt and equity finance
- Build cashflow, debt and interest schedules into the model
- Calculate exit values and the IRR’s generated by each investor
- Use sensitivity analysis to derive the optimum financing structure taking into account the financial constraints of each investor