Modeling for Different Transactions

In trying to understand the whole investment banking process, I've come across a pretty basic question: What models are used in different types of transactions? Obviously, valuation models are used in almost all transactions (I would assume). But if you are modeling a merger, there's going to be a pro-forma valuation. What about an IPO? A PIPE? What models do levfin groups use when structuring and executing debt financing?

What exactly is a PIPE? I understand it's a private investment in a public entity, but is this kind of like private equity, except the investment is for a minority stake in the company?

What models do advisors generally use? Would a sell-side advisor run a pro-forma model, or does the sell-side just worry about valuation modeling for their client and let the buy-side advisor run the pro-forma?

I'd love to take a look at any models you guys may be willing to share (including comps sheets). I am starting FT in the summer and have no IB experience and would like to familiarize myself with some of the standard models I may look at. I am the only FT hire that came in outside of the firm's summer analyst program, so I am trying to "catch up" a bit. If you're willing to send me a model, just leave a message here or PM me and I'll get you my email. Thanks for any insight.

2 Comments
 

enjoy your time off before banking. even in a down market it is stressful.

you'll learn the modeling and valuation methods in training. as my associate says you cant learn modeling unless you do it. reading about it wouldnt give you much help in my experience.

good luck on fulltime youll learn a lot

 

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