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Leveraged buyouts (LBOs) are among the most risky and complex financial transactions, and typically set the floor or minimum valuation. You may not need to build a full-out, complex model, however, to gauge the feasibility of an LBO.
In the first part of this course, you will receive a condensed overview of LBO modeling, including the rationale, the ideal candidates, and the drivers of value. In the second part, you will construct and sensitize a basic leveraged buyout model that includes analyzing basic credit and leverage statistics and equity sources that drive the LBO model. You will also build a condensed IRR (internal rate of return) sensitivity analysis to evaluate financial sponsor returns.
This practical course will give you a strong foundation in LBOs, and you will leave the classroom with a model that you can use immediately.
Bring your laptop to class (with Excel installed and a CD ROM drive) to get the most out of this “hands-on” course. PC laptops recommended.
Prerequisite: Intermediate proficiency using Excel and a solid grasp of basic accounting fundamentals are required. NYSSA’s “Corporate Valuation Methodologies” and “Basic Financial Modeling Using Excel” classes are recommended, but not required.
Note: To maximize the educational value of this program, it is strongly recommended that you have a basic understanding of Excel and are familiar with its functions and features. Lack of basic Excel skills will impede your ability to effectively acquire and implement the techniques and shortcuts that are presented in this program. If you have any questions, or for further information, please call the Education Department at 212.541.4530 x 42.
Level: Basic |
