So I know from my last internship that this is generally what happens, but I want to prepare a concise answer for upcoming interviews. Here’s what I have:
-Pitch: this is how we would frame your company, Comprehensive Valuation (Comps, Prec, DCF, Football Field), Experience of individual bankers, Buyer Analysis
-Sign letter of engagement,
-Screen for buyers, They send you IOI, and you send back NDA, then they get to access the Data room (Then they will send you back questions)
-Send out CIMs
-Bid-deadlines, 15-20 buyers will submit their bids
-Then narrow it down, take the top 5 buyers (Generally). Move these buyers on, keep fulfilling their data requests
-Second bid deadline, usually the highest bid will win
-Then sit down with the buyer and sellers, how much debt or equity, overhauling the management, will previous manager stay on as CEO? Etc.
-Close deal
Trending Content
Career Resources
Doloremque asperiores similique quia voluptates laboriosam et. Occaecati et facilis quae officiis voluptatem. Adipisci quo eaque beatae itaque dolorem expedita necessitatibus. Corrupti doloremque qui et neque amet odio et. Laudantium soluta cum commodi saepe et.
Sunt minima rerum est quam. Voluptatum omnis sed fuga nobis distinctio. Qui ducimus voluptatibus ut est. Maxime laborum at accusantium impedit accusamus corrupti sequi architecto.
Neque porro architecto et eligendi. Dolores voluptatibus nam dolorum nisi. In dolorem dicta ut ducimus similique nulla consequuntur voluptates.
Et sit est harum laboriosam quos magnam. Hic recusandae rerum autem. Nihil beatae sed inventore quia.
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...