Front cover of M&A Modeling manual in Premium Package

Build an Accretion/Dilution (M&A) Model to reflect the pro forma impact of various Merger & Acquisition scenarios.

Using real case studies, you will model out the acquisition of one company by another company, correctly incorporating pro forma balance sheet and income statement adjustments.

Accretion/Dilution Modeling

• Introduction to M&A and typical buy side and sell side processes
• Learn to perform both a back-of-the-envelope and extensive accretion-dilution analysis
• Project consolidated financial statements, and learn to make correct adjusting entries for goodwill and fair market value write ups, advisory fees and financing fees and debt refinancing
• Learn proper treatment of deferred taxes created in M&A and convertible securities and options

Output Analysis

• Sales, EBITDA, and ownership contribution analysis
• Calculating pre-tax synergies to break-even
• Sensitivity analysis using data tables to determine accretion/dilution to target shareholders in various stock/cash scenarios
• Error-check a merger model

Topics in M&A

• A review of common deal structures
• A review of changes in the accounting for business combinations
• Understand the asset vs. stock purchase decision
• Address situations in which amortization may be tax-deductible
• A discussion of 338(h)(10) election and wholly owned subsidiary acquisitions