Doing a school project that requires a precedents analysis. I’ve made comps before as CapIQ/Factset make this very easy. However, when pulling comparable m&a transactions from CapIq, are you supposed to only use strategic acquirers? Or should sponsor purchases also be included? Info is quite limited for the companies I’ve checked out. Thanks for any help
| +184 | Analyst: Why is UBS IB doing worse than peers?, UBS CFO: No Comment | 35 | 1m |
| +175 | Leaked Interview Questions to Recruiting Services | 66 | 25m |
| +155 | UBS’s M&A BANKERS ARE DOING TERRIBLY. $200M EXTRA IS BEING CUT | 31 | 2d |
| +67 | How do YOU manage networking requests? | 22 | 2m |
| +61 | Are target prospects getting dumber? | 27 | 2d |
| +40 | Another $115bn Mega deal for these banks. Congrats! | 17 | 6m |
| +35 | MBB Pay Raises | 28 | 3m |
| +27 | Career Crossroads | 5 | 9h |
| +26 | US 2027 SA IB worried about background check | 9 | 14m |
| +23 | Investment Banking is Divine | 5 | 10h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Need more information, but in general, you are looking for any relevant precedents (meaning both strategic and financial acquirers). Also, while CIQ is a great resource for a lot of things, I generally find the information around M&A activity pretty limited. Assuming you don't have access to other resources (MergerMarket, Bloomberg, Factset), I still regularly use Google to search for precedents (often banks looking to get into a particular sector will publish reports that include a set of precedents). It may not be as sexy as pulling from CIQ, but the goal is to find RELEVANT transactions as related to industry, size, and geography (at its core). Hope this helps, and good luck.
Sponsor acquisitions are fine too. They're not paying a different price / multiple solely because they are a sponsor
Praesentium minima asperiores nesciunt voluptatem. Vitae quod quasi culpa dolorum voluptas. Rem expedita non harum amet provident. Qui eius assumenda eos autem et nulla in.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...