Investment Banking case studies, worked step by step

Cases
100
Traced to a firm
55
Topics
12
Hard
30
Topic
All topicsLBO9Accretion and dilution7Reading financials8Restructuring11M&A strategy9Deal execution7Operating cases and estimation8Credit and leveraged finance9Comps and relative value9Sector valuation8Capital markets and financing8DCF and intrinsic value7
Level
AnyWarm upCoreHard
Source
AnyReported at a firmStandard
Showing 1–3 of 3 · filtered from 100Clear filters
  1. 001Paper LBO: a sponsor buys a business at 8x with two debt tranches, one amortising, and adds a bolt-on in year 2. Work out the return.LBOHardBank of AmericaLondon · 2026Moelis & CompanyNew York · 2023
  2. 032Paper LBO: three years in, the sponsor can relever the company and pay itself a dividend. Compare the money multiple and the IRR with and without the recap.LBOHardMoelis & CompanyNew York · 2023
  3. 080A sponsor buys a healthcare services business with cash-pay opco debt and holdco PIK notes compounding at 12%. Compare its return with the PIK tranche against funding the same slice with equity.LBOHardPrivate equityLeveraged finance

Company names and figures are illustrative.