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 31–40 of 55 · filtered from 100Clear filters
  1. 039Two software companies: one grows fast and burns cash, the other grows slowly and throws off cash. Compare them on the rule of 40 and growth-adjusted multiples, and say which looks cheaper.Sector valuationCoreLazardSan Francisco · 2026
  2. 040A chemicals company needs Rs 2,000 crore for an acquisition. Compare all debt, all equity and a 50/50 mix on EPS and on leverage against the rating threshold, and recommend one.Capital markets and financingCoreCredit SuisseAnonymous interview candidate in · 2021
  3. 042Two cement credits: one has stronger metrics and a tighter spread, the other weaker metrics, more diversification and a wider spread. Which offers better value for the risk?Credit and leveraged financeCoreTD SecuritiesNew York · 2026
  4. 043A sponsor signs an LBO with floating-rate debt, and rates rise before close. How much does the rate rise cost in paydown and IRR, and what would the sponsor change?LBOCoreHoulihan LokeyLos Angeles · 2025
  5. 046A city spends Rs 600 crore a year more than it collects and wants to issue municipal bonds. How would you close the gap, and how much could it borrow once it has?Operating cases and estimationCoreMorgan StanleyBaltimore · 2025
  6. 047Case study presentation: four valuation methods give four different ranges for a hotel company. Build the football field and present a view on value.Comps and relative valueCoreRothschild & CoParis · 2025
  7. 048A property company offers to swap notes due in a year for fewer, longer, second lien notes, conditional on 90% taking it. Value the offer to a holder who exchanges and to one who holds out, and explain the holdout problem.RestructuringHardHoulihan LokeyNew York · 2025
  8. 049Build a coverage plan for a private equity sponsor: which of its holdings are likely exits in the next 18 months, what fee pool that implies, and where the buy-side opportunities are.Deal executionCoreLazardNew York · 2025
  9. 050A fastener maker's top customer is 45% of revenue on a contract ending in 18 months. Value the business in each scenario and probability-weighted, and say what the seller should do before launching a sale.Reading financialsWarm upHarris WilliamsRichmond · 2024
  10. 051Size a hospital's revenue and EBITDA from its beds, then value a new wing at maturity against what it costs to build.Sector valuationWarm upCredit SuisseMumbai · 2020

Company names and figures are illustrative.