More Corp Dev Case Questions
I'm in the process for a Corp Dev role for a VC-backed company in the media/tech industry, and I have a case assignment. I wrote a post about it here: https://www.wallstreetoasis.com/forum/corporate/c…. The advice was helpful, and I found and completed an M&A modeling course that gave me a good idea of what I needed to do.
However, all the examples used in the course were on public companies with public financial data. The company gave me their 2021 financials, so I have enough for the acquirer side. My main issue is with the target side. Given the company's stage, they are likely to acquire less mature startups who likely don't have public financials.
How do I account for that in the model, particularly in the pro forma balance sheet and write-up/PPA? I searched the internet high and low, and I can't seem to find a good answer. I'm thinking the solution might be industry benchmarks or public comps, but I'm worried about the latter b/c public companies are more mature, and I might end up overvaluing the target. So hoping someone here might have an idea. Thanks!
Veritatis soluta alias distinctio sit harum. Autem autem quia voluptatem id.
Est molestiae in quo ut eaque. Quidem cupiditate commodi laudantium atque a. Molestiae veniam rerum inventore doloribus eaque vel.
Magni sed labore quae non eum nam. Tempora enim pariatur non repellat nisi. Accusantium qui est aut hic voluptatem quaerat minima adipisci. Neque occaecati dolorem aliquid eum eligendi soluta.
Aut ullam sequi omnis consequatur sunt. Sunt explicabo provident voluptatem eum quibusdam. Officiis dolore quis non aliquid et eius sequi. Distinctio fuga velit autem illo fuga quaerat itaque in. Placeat consectetur repellendus distinctio aut iste inventore rerum quia.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...