CPD Training: Introduction to Private Equity And Management Buy Outs
Short course
In London
Description
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Type
Short course
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Level
Beginner
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Location
London
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Duration
1 Day
To understand more about the world of private equity - what private equity firms do and how deals are structured. Suitable for: Associates, exceutives, analaysts, managers, support and other staff who want to find out more about the private equity industry.
Important information
Documents
- MBOs training course
Facilities
Location
Start date
Start date
About this course
None.
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This centre's achievements
All courses are up to date
The average rating is higher than 3.7
More than 50 reviews in the last 12 months
This centre has featured on Emagister for 14 years
Subjects
- Private
- IT Management
- Finance
- Staff
- Financial Training
- Financial
- Industry
- Management
- Equity
- Investment Banking
Teachers and trainers (1)
Course Tutor
Senior trainer
This programme is taught by an experienced corporate finance practitioner. Please click on www.financialtrainingassociates.com for further details.
Course programme
INTRODUCTION TO DEBT AND PRIVATE EQUITY BACKED MBOS AND LBOS (LEVERAGED BUY OUTS) – ONE DAY
About CPD course training provider FTA Ltd
FTA Ltd is a provider of CPD training courses to accounting, law, finance, banking and other financial services professionals. See cpd-courses.org for more information.
Introduction
This course is designed for staff for example working with corporate finance advisors, banks or private equity firms. The course allows participants to understand the work of the firm and set their own work in context – any jargon participants are encountering is explained clearly and simply. Participants are given ample opportunity to ask questions in a supportive and non-threatening environment. The financial instruments that are used (such as mezzanine finance plus other debt and equity instruments) will be examined in detail and the commercial aspects of buy outs discussed at a high level. Participants will also learn by working through exercises on structuring buy outs.
Session 1: Background
• Where does the money come from?
• Different types of transaction and differing structures
• Investment time frames and hurdles
• How are investors rewarded?
• How is success measured?
• De-mystifying jargon
Session 2: Structuring a buy out
• Senior debt
• Mezzanine finance
• Institutional equity
• Vendor notes
• Management equity
Session 3: Pricing a buy out
• Valuation of target company
• Debt considerations
• Use of P/E ratios
• Private equity’s IRR
Session 4: Achieving a successful buy-out
• Determining debt capacity
• Negotiating equity stakes – management’s “Envy Ratio”
• Key criteria for success
• Due diligence considerations
Session 5: Legal considerations
• Key documents
• Acquisition of the target
• Key protections for private equity
• What if the business struggles?
• How is the decision made to exit?
• What if a key manager leaves?
• When is a minority stake not a minority stake?
• Debt facilities
Session 6: Achieving exit
• Trade sales vs. flotations
• Secondary buy-outs vs. recapitalisation
Course conclusion
• How buy outs work
• How deals are structured
• Risks and rewards to different parties
• What investors are looking for and how they can best get it
More details regarding CPD training company FTA Ltd
For more details regarding CPD courses from FTA Ltd please see the company’s website cpd-courses.org.
Additional information
Career opportunities: This course helps with career development by providing delegates with a greater understanding of how the private equity industry works
Credits/Points: 6 SRA CPD hours
Students per class: 15
CPD Training: Introduction to Private Equity And Management Buy Outs