Investment Banking: Valuation, Leveraged Buyouts, and Mergers & Acquisitions - Couverture rigide

Rosenbaum, Joshua; Pearl, Joshua; Harris, Joshua

Couverture rigide

ISBN 10 : 111828125X ISBN 13 : 9781118281253

Editeur : John Wiley & Sons Inc, 2013

Synopsis

Investment Banking Investment Banking, Second Edition + Valuation Models Download includes world-class valuation and transaction models to complement the global best-selling guide in investment banking Five valuation model templates along with completed versions are accessible for purchase and use downloadable in electronic format on the book's website, Full description

A propos du livre

Quatrième de couverture :

Praise for Investment Banking

"This book will surely become an indispensable guide to the art of buyout and M&A valuation, for the experienced investment practitioner as well as for the non–professional seeking to learn the mysteries of valuation."
David M. Rubenstein, Co–Founder and Co–CEO, The Carlyle Group

"Investment Banking provides a highly practical and relevant guide to the valuation analysis at the core of investment banking, private equity, and corporate finance. Mastery of these essential skills is fundamental for any role in transaction–related finance. This book will become a fixture on every finance professional′s bookshelf."
Thomas H. Lee, President, Lee Equity Partners, LLC, Founder, Thomas H. Lee Capital Management, LLC

"The two Joshes present corporate finance in a broad, yet detailed framework for understanding valuation, balance sheets, and business combinations. As such, their book is an essential resource for understanding complex businesses and capital structures whether you are on the buy–side or sell–side."
Mitchell R. Julis, Co–Chairman and Co–CEO, Canyon Partners, LLC

"As a new generation of students prepare to enter Wall Street, a sound technical foundation is more essential now than ever. Rosenbaum and Pearl have drawn from their broad deal experience and extensive network to create the best valuation and deal guidebook in the world."
Alan C. "Ace" Greenberg, Vice Chairman Emeritus, JP Morgan Chase & Co., Former CEO (′78–′93) and Chairman of the Board (′85–′01), Bear Stearns, Author, The Rise and Fall of Bear Stearns and Memos from the Chairman

"Investment banking requires a skill set that combines both art and science. While numerous textbooks provide students with the core principles of financial economics, the rich institutional considerations that are essential on Wall Street are not well documented. This book represents an important step in filling this gap."
Josh Lerner, Jacob H. Schiff Professor of Investment Banking, Harvard Business School, Coauthor, Venture Capital and Private Equity: A Casebook

"Valuation is the key to any transaction. Investment Banking provides specific step–by–step valuation procedures for LBO and M&A transactions, with lots of diagrams and numerical examples."
Roger G. Ibbotson, Professor in the Practice of Finance, Yale School of Management Chairman and CIO, Zebra Capital Management, LLC, Founder and Advisor, Ibbotson Associates, a Morningstar Company

"Investment Banking provides fresh insight and perspective to valuation analysis, the basis for every great trade and winning deal on Wall Street. The book is written from the perspective of practitioners, setting it apart from other texts."
Gregory Zuckerman, Special Writer, The Wall Street Journal, Author, The Greatest Trade Ever

Présentation de l'éditeur :

Investment Banking, Second Edition + Valuation Models Download includes world–class valuation and transaction models to complement the global best–selling guide in investment banking

Five valuation model templates along with completed versions are accessible for purchase and use – downloadable in electronic format on the book′s website, www.wiley.com/go/investmentbanking2e. Each model comes complete with a user′s guide.

The models include:

• Comparable Companies Analysis
• Precedent Transactions Analysis
• Discounted Cash Flow Analysis
• Leveraged Buyout Analysis
• NEW! M&A Model

Investment Banking: Valuation, Leveraged Buyouts, and Mergers & Acquisitions, Second Edition + Valuation Models Download is highly accessible focusing on the primary valuation methodologies currently used on Wall Street – comparable companies, precedent transactions, DCF, and LBO analysis, as well as M&A analysis. These methodologies are used to determine valuation for public and private companies within the context of M&A transactions, LBOs, IPOs, restructurings, and investment decisions. Using a step–by–step how–to approach for each methodology, the authors build a chronological knowledge base and define key terms, financial concepts, and processes throughout the book. They also provide a comprehensive overview of the fundamentals of LBOs and an organized M&A sale process, as well as merger consequences analysis.

In the aftermath of the subprime mortgage crisis and ensuing credit crunch, the world of finance is returning to the fundamentals of valuation and critical due diligence for M&A, capital markets, and investment opportunities. This involves the use of more realistic assumptions governing approach to risk as well as a wide range of value drivers. While valuation has always involved a great deal of "art" in addition to time–tested "science," the artistry is perpetually evolving in accordance with market developments and conditions. As a result, Rosenbaum and Pearl have updated the widely adopted first edition of their book with respect to both technical valuation fundamentals as well as practical judgment skills and perspective. The authors have also added a comprehensive and highly technical chapter on buy–side M&A analysis.

Furthermore, the authors address the importance of rigorous analysis based on trusted and attributable data sources. In this book, they highlight several datasets and investment banking tools from Bloomberg, a leading provider of business and financial data, news, research, and analytics.

À propos de cette édition

• Éditeur: John Wiley & Sons Inc
• Date d'édition: 2013
• ISBN 10: 111828125X
• ISBN 13: 9781118281253
• Reliure: Relié
• Numéro d'édition: 2
• Nombre de pages: 448