Finance & M&A Strategist. I share expert insights on financial modeling, finance, M&A, and strategy - and guides to help you confidently navigate deals and investment decisions.
Finance
Relying solely on aggregate financial metrics can sometimes obscure the granular drivers of value. This is where Activity-Based Valuation (ABV) emerges as a powerful approach that drills down into the operational core of a business to determine its intrinsic value. Traditional valuation methods often treat a company as a black
Strategy
The role of the Chief Financial Officer has evolved far beyond traditional number-crunching. Modern CFOs are strategic partners, crucial to navigating market shifts, identifying opportunities, and driving sustainable growth. To excel in this expanded role, a fresh approach to performance review is needed – and that's where the Upside-Down
Finance
Companies often go public to raise capital, gain visibility, and offer liquidity to early investors. However, there are times when the glare of the public spotlight can become a hindrance rather than a help. This is where the strategic decision to delist from public markets is considered - a move
Finance
While less common to full spin-offs, another powerful strategy frequently employed is the equity carve-out. A carve-out offers a nuanced approach to realizing the potential of a specific business unit without entirely relinquishing control. What is an Equity Carve-Out? An equity carve-out is a transaction where a parent company sells
Finance
We often talk about the power of synergy – how combining companies can create more value than the sum of their parts. But what about the opposite? Sometimes, a company's true potential is unlocked by breaking it apart. This strategy, often called a spinoff or demerger, can be a
Finance
What is Dividend Recapitalization? Imagine a private equity firm acquires a company, investing a significant amount of capital and taking on debt to do so. Their goal is to improve the company's operations, grow its profitability, and eventually sell it for a substantial return. A dividend recapitalization occurs
M&A
Mergers and acquisitions (M&A) are complex beasts, and one of the most critical aspects to nail down in a share-based transaction is the exchange ratio. This determines how many shares of the acquirer's stock target shareholders will receive for each of their shares. Broadly, these ratios
Finance
The Chief Financial Officer (CFO) role has undergone a profound transformation. No longer just the keeper of the ledger, today's CFO is a strategic architect and a critical voice in the boardroom. This evolution is underpinned by three essential pillars that define success in the modern CFO landscape:
M&A
When you think of the M&A landscape, it's often tech giants acquiring startups or private equity firms buying out mature businesses. But often overlooked yet brimming with interesting financial and strategic considerations, are franchises. Franchise Model for Investors Why might franchises be an attractive proposition? * Proven
Financial Models
Leveraged Buyouts (LBOs) are a cornerstone of private equity, allowing firms to acquire companies primarily using borrowed money. For finance professionals, understanding how to build an LBO model is a crucial skill. It’s not just about crunching numbers; it’s about dissecting a business, forecasting its future, and assessing
Finance
When evaluating an investment, what's the first thing you typically look at? For most people, it's the return. E.g., This fund made 15% last year. But what if that 15% came with a rollercoaster ride of volatility? What if you had to endure massive swings,
Finance
One of the most enduring dynamics in financial markets is the cyclical rotation between growth and value investing styles. Like a pendulum, markets swing between favoring companies with high growth potential and those trading at attractive valuations relative to their fundamentals. Understanding these cycles can help investors make more informed
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