Modeling Corporate Transactions: ACCT-GB.3344

Acquisitions, Buyouts, Restructurings, Bankruptcies, Projects, and Securitizations


Disclaimers Prerequisites Bio Overview Help Materials Assignments Grading Schedule

Contrary to the official calendar, the last class will be Tuesday, December 12. The exam will be in the last class. Therefore, there will be no class on Tuesday, December 19.


This course will help you build models of salient corporate events such as acquisitions, leveraged buyouts, public offerings, restructurings, bankruptcies, projects, and securitizations.



Help and Office

Materials and Course Design


Exams and Grading

Important computer tips for the final


1. Acquisitions: Identifying and modeling synergies

Revenue-related synergies

Expense-related synergies

2. Acquisitions: Modeling consideration paid and acquired assets

Consideration paid

Modeling acquired assets

Modeling acquired pre-tax liabilities

Modeling deferred tax liabilities and assets


3. Acquisitions: Drivers of accretion and dilution

4. Leveraged buyouts: Modeling changes in capital structure

Identifying LBO targets

Modeling sources of financing and their waterfall

Modeling exit strategies and multiples

5. LBO: Modeling advanced debt and equity structures

6. Bankruptcies

7. Step acquisitions and non-controlling interest

8. Modeling corporate breakups

9. Modeling project finance

10. Modeling tax efficient structures

11. Modeling securitizations

12. Final exam in the last class