Master the "Acquisition Valuation Analysis" That Creates Separation at Asset Management Firms and Hedge Funds!

Valuing companies based on real M&A transactions using Transaction Comps (precedent transaction analysis) is a critical skill that tests your analytical ability and depth of reasoning as an analyst.
At firms like BlackRock, Point72, and other leading funds, there is demand for professionals who can explain "Was this acquisition cheap?" and "Why was it valued at this EV/EBITDA?"
This training is designed so that even beginners can work through it with confidence. Using real M&A transactions as case studies, you will systematically learn the process of researching, organizing, and interpreting acquisition prices, premiums, and multiples.

A Step by Step Design That Turns Even Beginners Into "Analysts Who Can Discuss Acquisition Cases"!

・Understand the structure of Transaction Comps from scratch: Clear explanation of the meaning of enterprise value, acquisition price, and multiples
・Exercises based on real M&A transactions: Practice the full flow from deal selection → data collection → multiple calculation
・Compare P/E, EV/EBITDA, EV/Sales, and more on an acquisition basis: Line up past transactions side by side and learn relative valuation
・Build the ability to logically explain "why was this the price?": Coverage extends to acquisition motives, competitive dynamics, and non financial factors
・Handle dilution adjustments (options, convertible bonds, warrants): Accurately reflect fully diluted share counts and enterprise value
・Create comparison tables in slide format and visualize your investment hypothesis: Simultaneously strengthen your presentation output skills

Who This Is For

・Candidates targeting asset management or hedge funds who want to build the ability to evaluate and interpret M&A transactions
・Anyone who wants to be able to say "this acquisition was overpriced" or "this was a fair price" using numbers
・Anyone who can build models but lacks confidence in "reading" the deal itself
・Anyone who wants to develop a "market sense for corporate acquisitions" that is useful at funds or in investor relations
・Anyone who has been caught off guard by "What do you think about a recent acquisition?" in a recruiting interview

What the Training Covers

・Data collection based on past M&A transactions (examples: Microsoft's acquisition of Activision Blizzard, Broadcom's acquisition of VMware, and other major global deals)
・Calculating enterprise value, equity value, acquisition premiums, and multiples, and building comparison tables
・Analyzing the background of high premium and low premium acquisitions from the perspectives of competitive dynamics, growth potential, and strategic rationale
・Adjusting for diluted enterprise value by accounting for potential shares from stock options, convertible bonds, and other instruments
・Exercises that visualize and explain "why this deal traded at this multiple" in a single slide