difference between pitch book and information memorandum

what is the difference between a pitch book and an information memorandum ? It seems to me that there are not always valuation in an IM, only industry, demand, clients, etc... am I correct on that ?

4 Comments
 

You don't have a deal yet: pitch book is when you are pitching to a potential client for a mandate

You are already advising on a sell-side mandate: simply, information memorandum is part of a sale process, which contains information on the company (such as, products and services, management structure, financials, why it's a great buy and etc.)

-------------------------------------------------- "Whenever I'm about to do something, I think, 'Would an idiot do that?' And if they would, I do NOT do that thing." -Dwight Schrute, "The Office"-
 

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