The valuation of assets and companies have always been intensely debated at thereoretical and academic level. In the real world, however, what matters the most is whether the views of buyers and sellers coincide – and, as a result, deals are consummated – or not.
In the current macro-economic environment, the degree of volatility and complexity makes the ability to reach an agreement on a deal between the parties all the more complicated.
Against such backdrop, it is evident how the knowledge of valuation methodologies, while providing the technical foundation, is necessary but not sufficient to operate successfully. This is all the more the case for the practitioners that, after years in junior roles, manage to assume more senior roles interact directly with the top management of companies (for example as senior advisors). At that level, the technicalities of valuations must be impeccable but much more is asked.
The purpose of this course is to help practitioners with some years of experience raise the bar and be ready to discuss and advise the decision makers of any industry.
In the first sesssion, certain areas that complete and complement the core financial analysis for a valuation are covered, then complemented with case studies from recent deals. In the second session, a real-life case is discussed in detail. Participants will be required to bring laptops to the course and will be provided with Microsoft Excel models which will be used during the discussion.