Boutique M&A Case Study
I have an upcoming interview for an internship with an M&A Boutique. The bank is industry focused and specializes in sell-side advisory.
I was told to be prepared to discuss a case that was provided to me. The case is a short deal memo with no financials or specific questions. I am given background information on the acquirer and target company in terms of business lines and geographic location. How should I approach preparing this case with such little information? What discussion points should I be expected to have opinions on?
Any suggestions you provide are appreciated.





Well in any deal scenario we
Well in any deal scenario we are concerned how the deal will affect the current shareholders (accretion/dilution). Essentially you are going to be looking for at how revenue & cost synergies, deal structure (cash/stock/debt) and tax adjustments will affect the bottom line. Since you are not given financials I am sure that they are interested in knowing how you would evaluate cost and revenue synergies.
Do you need 2 CEOs? 2 marketing departments? Can you use revenue channels from one company to cross sell products?
I would imagine these types of questions would be what they were looking for. I really did not focus on case interviews, but if they were looking for you to ask questions then you could go into more details surrounding the deal structure. Good luck.
Thanks, that's really
Thanks, that's really helpful.