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 1–10 of 45 · filtered from 100Clear filters
  1. 008Buyer and seller are Rs 200 crore apart on a textile business. Value the proposed earn-out bridge to each side and say what could go wrong with the metric.Deal executionCoreElite boutique IBMiddle market IB
  2. 020A cement company needs new capacity. Building a plant is cheaper but takes two years; buying a rival's plant earns from day one. Compare the two on value and timing and give the board a view.M&A strategyCoreElite boutique IBCorporate development
  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. 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
  5. 031Leveraged finance case: lenders will offer a term loan and unsecured bonds up to stated leverage caps, but the sponsor must keep interest cover at 2.0x. Size each tranche, the cover and the equity cheque.Credit and leveraged financeHardCorporate bankingLeveraged finance
  6. 033A family can sell its spice business today at 10x, or take a dividend recap now and sell in three years. Which path is worth more, and what do you tell them in a 15-minute presentation?M&A strategyWarm upElite boutique IBCorporate development
  7. 034A cloud kitchen has a known order value, cost structure and monthly fixed cost. How many orders a day does it need to break even, and which lever moves break-even most?Operating cases and estimationWarm upMiddle market IBConsulting style cases
  8. 038A cash-burning airline has cash, an undrawn revolver with a springing covenant, and leases it may be able to defer. How many months of runway does it really have, and what should management do first?RestructuringCoreRestructuring IBLeveraged finance
  9. 041Two tile makers propose a merger of equals with a 55/45 ownership split. Run a contribution analysis and say whether the split is fair to the smaller company.Accretion and dilutionCoreBulge bracket IBElite boutique IB
  10. 044A company receives an unsolicited cash offer at a 30% premium. Its own DCF range brackets the offer, and a white knight might pay more in stock with some risk of failing. Should the board accept, reject or pursue the white knight?M&A strategyHardElite boutique IBCorporate development

Company names and figures are illustrative.