I just had my second-round interview for Ardea Partners today. Had the weekend to prepare a summary of an acquisition and then had to talk about it today. Anybody else have this today or tomorrow?
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Have mine tomorrow - how did it go?
I think it went well. It was different than I was expecting, though. I thought they'd want me to give a detailed summary of the transaction, but he asked for a really quick overview and then basically immediately jumped into questions. He got pretty technical with his questions but I felt like I was able to answer most of them well. I feel like for some he just waned to see your thought process and whether you made sense and wasn't necessarily looking for the right answer. Overall I would just make sure you have a well rounded view of the transaction and you'll be good. Good luck! Out of curiosity, what schoold do you go to?
Got it, thanks!
what types of questions did he ask?
Did you have to do a modeling test? Any insight on that?
Model test is 3 statement and debt waterfall
Have you heard back after your modeling test?
Any further color you can share on the test? Was it from an LBO template or scratch?
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