Course Goals and Overview:
Led by experienced PE practitioners, this seminar teaches trainees how to construct a full-blown LBO model and demystifies the Private Equity deal process.
The Private Equity Boot Camp teaches trainees how to construct comprehensive LBO models used to support real transactions and provides insight into the private equity deal process and the day-to-day responsibilities of a PE professional.
This boot camp is NOT AN ACADEMIC EXERCISE: It is taught by PE professionals who have been involved in some of the most high-profile private equity deals in the last 10 years. This is the same intensive training used to prepare new hires at some of the largest PE firms in the world.
Course Details and Agenda:
Pre-Seminar Excel training: This boot camp assumes proficiency in Excel. Enrollment includes access to Wall Street Prep's popular Excel Crash Course for those who need an Excel refresher.
Post-Seminar Online Access: Enrollment includes lifetime access to the following online course(s): Financial Statement Modeling, LBO Modeling.
Day 1 – LBO and PE Overview, LBO Modeling
The boot camp begins with a discussion of the private equity deal process. Participants will learn about the PE roles and responsibilities at each phase of a deal, from the review of teasers and first round bids to the due diligence process and LOI phase through deal closing. The second half of the day focuses on LBO concepts, typical deal structures and current industry dynamics.
Day 2 – LBO Modeling/PE Deal Process
Trainees begin the LBO modeling process, paying special attention to the most common and challenging issues that emerge when modeling buyouts. We will focus the modeling on various equity and debt tranches, perform scenario and sensitivity analyses and finish with the modeling of advanced functionality and purchase price allocation.
Day 3 – LBO Modeling/PE Deal Process
Trainees continue the LBO modeling process. By the end of Day 3 trainees will have built a comprehensive LBO model.
Who Should Attend:
- Private equity, asset management and hedge fund associates
- Investment banking analysts and associates
- Corporate finance and business development professionals
- MBA students and business undergraduates
- Anyone seeking to improve their LBO modeling skill set
Comprehensive training materials (manuals and online exercises), Detailed reusable modifiable Excel model templates, Unlimited e-mail support for content-related questions for 12 months post-seminar.
What to Bring: Laptop, Notepad, and Calculator.
Instructor, Wall Street Prep
Prior to joining Wall Street Prep, Mike was a Senior Analyst for five years at Permian Investment Partners, NYC-based long/short investment fund. Prior to joining Permian, he was a Vice President at HIG Capital, a private equity fund with $24 billion under management. Before business school, he was an Associate at Golden Gate Capital, a private equity fund with $15 billion under management. He began his career as an analyst at UBS Investment Bank, where he completed a variety of M&A and LBO transactions across multiple industries. Mike earned a BS in Commerce from the University of Virginia, with Distinction, and an MBA from Columbia Business School, where he was selected to participate in the Applied Value Investing program. Since 2014, he has taught Applied Value Investing as an Adjunct Professor at Columbia Business School.