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 21–30 of 100
  1. 021A middle-market plastics company wants the biggest term loan the bank's policy allows. Size it on leverage and on fixed charge cover, and set covenants with 25% headroom.Credit and leveraged financeWarm upDeutsche BankNew York · 2024
  2. 022How would you value a factory? Value a moulding plant running at 70% on its earnings and on what it would cost to build, and say which should set the price.Operating cases and estimationCoreDeutsche BankNew York · 2026
  3. 023A food business is sold for an enterprise value of Rs 1,000 crore. Work out the equity price under a locked box and under completion accounts, and say which side prefers which.Deal executionWarm upElite boutique IBMiddle market IB
  4. 024A packaging company shows reported, pro forma and run-rate EBITDA. Build all three, the valuation range on each, and say which figure the multiple should sit on.Reading financialsCoreHoulihan LokeyNew York · 2026
  5. 025You have one hour with 12 trading comps and 12 precedent transactions for a valve maker. Build a valuation range and say what you would present.Comps and relative valueCoreHarris WilliamsRichmond · 2025
  6. 026A pharma company buys a diagnostics firm with a mix of its own cash, new debt and new shares. Find the EPS change and the pre-tax synergies needed to break even.Accretion and dilutionHardEvercoreMenlo Park · 2025
  7. 027An oil and gas producer has proved reserves of oil and gas sold at a discount to the benchmark. Build its net asset value and show what a wider oil differential costs.Sector valuationHardScotiabankHouston · 2026
  8. 028A software company sits on Rs 3,000 crore of idle cash. Compute the EPS effect of buying back shares at a premium and set out the case for a buyback, a special dividend and holding the cash.Capital markets and financingWarm upEquity capital marketsDebt capital markets
  9. 029A shipping company in restructuring is worth Rs 600 crore against Rs 820 crore of claims in five classes. Run the waterfall, find each recovery and name the fulcrum security.RestructuringWarm upEvercoreNew York · 2026
  10. 030DCF model test: value a bearings maker with both an exit multiple and a perpetual growth terminal value, using the mid-year convention, and reconcile the two.DCF and intrinsic valueHardHarris WilliamsRichmond · 2018

Company names and figures are illustrative.