Investment Banking

Review Investment Banking: Valuation, Leveraged Buyouts, and Mergers and Acquisitions

by JOSHUA ROSENBAUM & JOSHUA PEARL

Description

As the finance industry continuously evolves over the years, one must have a solid grasp on the technicalities of it for a successful career. However, due to new developments coming and going as well as time constraints, it may seem a daunting task to have everything from valuation to M&A analysis that a corporate financier may need in one handy guide. Thankfully, Rosenbaum and Pearl’s “Investment Banking” does just that with a primary focus on valuation methodologies adopted by finance giants in Wall Street.

Furthermore, “Investment Banking” provides a comprehensive overview of LBO fundamentals as well as delving into the buying and selling perspectives of a mergers and acquisitions deal. Additionally, it provides datasets and tools from major analytical provider Bloomberg.

All in all, this book is great reference material and guide that offers a comprehensive guide that many wished they had when they first tried to break into Wall Street.

About the Authors

Joshua Rosenbaum is a Managing Director and Co-Head of the Industrials & Diversified Services Group at RBC Capital Markets. He originates, structures, and advises on M&A, corporate finance, and capital markets transactions. Previously, he worked at UBS Investment Bank and the International Finance Corporation, the direct investment division of the World Bank. He received his AB from Harvard, and his MBA with Baker Scholar honors from Harvard Business School.
Joshua Pearl is a Managing Director at Brahman Capital, a long/short equity asset manager. He focuses on public equity investments and special situations utilizing a fundamentals-based approach. Previously, he structured high yield financings, leveraged buyouts, and restructurings as a Director at UBS Investment Bank. Prior to UBS, he worked at Moelis&Company and Deutsche Bank. He received his BS in Business from Indiana University’s Kelley School of Business.

Table of Contents

• Additional Resources
• About the Authors
• Foreword
• Acknowledgements
  • Introductions
  • Part One: Valuation
    • Chapter 1: Comparable Companies Analysis
    • Chapter 2: Precedent Transactions Analysis
    • Chapter 3: Discounted Cash Flow Analysis
  • Part Two: Leveraged Buyouts
    • Chapter 4: Leveraged Buyouts
    • Chapter 5: LBO Analysis
  • Part Three: Mergers and Acquisitions
    • Chapter 6: Sell-Side M&A
    • Chapter 7: Buy-Side M&A
• Afterword
• Bibliography and Recommended Reading
• Index