SALE

Private Equity Masterclass - Frankfurt

Join our 3 day in-person masterclass led by our expert instructors from 9am – 5 pm (local time), in Frankfurt, and rapidly develop the skills needed to build and structure a complex LBO model, including various financing structures and more.

Establish an outstanding foundation in each topic and flexibility for future career development. Book this program with The Deal Maker, to earn your Industry Certificate and become a private equity specialist.

Add to cart

March

Arrow Down Icon

Fundamentals Certificate - 14th - 16th February

Industry Certificate - 14th - 16th February

Clear All

9-5pm

Frankfurt

Course Instructor Icon

Direct instructor help

Micro-degree Course Icon

Industry Certificate

Private Equity Masterclass - Frankfurt

Join our 3 day in-person masterclass led by our expert instructors from 9am – 5 pm (local time), in Frankfurt, and rapidly develop the skills needed to build and structure a complex LBO model, including various financing structures and more.

Establish an outstanding foundation in each topic and flexibility for future career development. Book this program with The Deal Maker, to earn your Industry Certificate and become a private equity specialist.

Add to cart

March

Arrow Down Icon

Fundamentals Certificate - 14th - 16th February

Industry Certificate - 14th - 16th February

Clear All

Industry Certificate

Book all three days and The Deal Maker online course to earn an Industry Certificate.

  • 14th – 16th February 2023 (includes The Deal Maker)
  • Frankfurt
  • Earn your Industry Certificate and join our elite alumni
  • Receive 3 months free access to Felix

Fundamentals Certificate

A comprehensive three-day training program to develop the core skills needed for LBO analysis and modeling.

  • 14th – 16th February 2023
  • Frankfurt
  • Earn your Fundamentals Certificate
  • Receive 1 month free access to Felix

The 3-Day Program includes

Day 1

Accordion White Arrow Icon

About

 

LBO Analysis (Fundamentals Certificate)

Discover how to calculate debt capacity, starting with a partially complete operational model. Participants will build on a debt-financed acquisition model with a complex debt sheet and a section for returns to equity holders.

About

 

LBO Analysis (Fundamentals Certificate)

Discover how to calculate debt capacity, starting with a partially complete operational model. Participants will build on a debt-financed acquisition model with a complex debt sheet and a section for returns to equity holders.

Module

Debt Capacity

Accordion Arrow Icon
  • Debt Capacity Overview
  • Cash Flow-Based Debt Capacity
  • Creating Cash Flow Scenarios
  • Amortizing The Loan
  • Creating Tranches
  • Typical LBO Financing structures
  • Financing structures I Europe versus the UK versus the US
  • Key lenders I Europe versus the UK versus the US

Simple LBO model / Private equity acquisition / LBO analysis

Accordion Arrow Icon
  • Revolving credit facility
  • Term loans
  • Cash sweep mechanisms and covenant mechanisms
  • Bullet / high yield loans
  • Credit ratios
  • Calculating returns to equity holders (internal rate of return and money multiples)

Day 2

Accordion White Arrow Icon

About

 

Complex LBO modelling (Fundamentals Certificate)

Learn how acquisitions are structured using debt financing and get to grips with a buy-out with a detailed multi-tranche financing structure. Complete a fully integrated buyout model with a detailed debt sheet.

About

 

Complex LBO modelling (Fundamentals Certificate)

Learn how acquisitions are structured using debt financing and get to grips with a buy-out with a detailed multi-tranche financing structure. Complete a fully integrated buyout model with a detailed debt sheet.

Module

Complex LBO modeling

Accordion Arrow Icon
  • ● Sources and uses of funds
    ● Buying a private versus a public target
    ● Adding financing structure scenarios
    ● Original issuer discount
    ● Fees (arrangement and commitment)
    ● Developing the operating model
    ● Income Statement and potential operational improvements
    ● Income Statement scenarios
    ● Pro-forma balance sheet
    ● Cash flow statement and debt sheet
    ● RCF and Term loans, including cash sweep switches
    ● Second Lien
    ● Bond issues (senior and junior)
    ● Mezzanine financing and PIK interest
    ● Returns to mezzanine holders
    ● Shareholder Loan versus preference shares
    ● Returns to common equity holders
    ● Sensitivity analysis
    ● Operating model sensitivities
    ● Financing structure sensitivities
    ● Various return scenario’s
    ● How to quickly check if an LBO works
    ● The importance of scenario analysis
    ● How to build correct and realistic operating scenarios
    ● Sensible ratio analysis

Day 3

Accordion White Arrow Icon

About

 

Structuring & Understanding Credit Risk (Fundamentals Certificate)

Build a comprehensive understanding of LBO’s and be able to identify errors and suggest improvements to the models. Master the credit process undertaken by the lenders of a loan and examine the different risks involved. Learn the tools used to mitigate these risks and review the latest developments in leveraged lending.

About

 

Structuring & Understanding Credit Risk (Fundamentals Certificate)

Build a comprehensive understanding of LBO’s and be able to identify errors and suggest improvements to the models. Master the credit process undertaken by the lenders of a loan and examine the different risks involved. Learn the tools used to mitigate these risks and review the latest developments in leveraged lending.

Module

Review and asses Complex LBO Models

Accordion Arrow Icon
  • Identify mistakes and improve the models
  • Add scenario and sensitivity analysis
  • Calculate returns for various debt/equity and hybrid capital providers
  • Detailed value creation analysis
  • Debate as to whether they would green or red-light during IC meeting / call

Complex LBO Structuring Update

Accordion Arrow Icon
  • Base Erosion and Profit Shifting (BEPS)
  • Regulatory overview of highly leveraged lending
  • Uni-tranche lending and other recent structuring trends
  • Locked box versus completion accounts mechanisms (including when the box is opened up during the sale process)
  • Leveraging the equity via shareholder loan/preference shares for management teams
  • Ratchet mechanisms and carried interest mechanisms
  • Bridge loans, their terms, and bond issue takeout

Credit Risk & Controlling Credit Risk

Accordion Arrow Icon
  • Intro to the Credit Process
  • The 5 Cs of Credit
  • Quantifying Credit Risk
  • Default Risk
  • Loss given default risk
  • Loan documentation
  • Structuring the loan
  • Type of loan and purpose
  • How PE companies control their credit risk in a rising interest rate environment
  • Lessons learned from deals that went wrong

The Deal Maker

4.5 STARS

Star Rating
Accordion White Arrow Icon

About

The Deal Maker is only included with The Industry Certificate

When should a company acquire another? Is the merger beneficial for the stakeholders? These are just a few of the core M&A questions that this online course will answer. Not only are mergers and acquisitions calculated and evaluated, the funding sources are examined in detail; such as private equity acquisitions including credit facilities, term loans and more.

Completion time

8.5 Hours

Level

Skills Certificate

About

The Deal Maker is only included with The Industry Certificate

When should a company acquire another? Is the merger beneficial for the stakeholders? These are just a few of the core M&A questions that this online course will answer. Not only are mergers and acquisitions calculated and evaluated, the funding sources are examined in detail; such as private equity acquisitions including credit facilities, term loans and more.

Completion time

8.5 Hours

Level

Skills Certificate

Module

Video Minutes

Excel Exercises

Merger Analysis Cash Deal

75

18

Accordion Arrow Icon

Video minutes75

Excel Exercises18

  • Nature of an acquisition
  • Valuation in an M&A context
  • Financing a transaction
  • Sources and uses of funds
  • Transaction fees
  • Consolidation
  • Offer terms – equity financing
  • Deal analysis

Merger Model

22

9

Accordion Arrow Icon

Video minutes22

Excel Exercises9

  • Equity to enterprise value bridge
  • Sources and uses of funds
  • Share issuance and dilution
  • Relative PEs
  • EPS accretion dilution
  • Debt rating
  • Synergies vs. premiums paid
  • Return on invested capital

Earnouts

15

1

Accordion Arrow Icon

Video minutes15

Excel Exercises1

  • Contingent consideration – structures
  • Accounting for deferred consideration
  • Examples of earnouts

Leveraged Buyouts

75

18

Accordion Arrow Icon

Video minutes75

Excel Exercises18

  • LBO – definition
  • Internal Rate of Return (IRR) and Value Analysis
  • LBO analysis models
    • LBO analysis model map
    • Assumptions
    • Sources of funds
    • Operating forecasts and cash sweeps
    • Model outputs
    • Levered valuation

Acquisition Finance Debt Capacity

32

5

Accordion Arrow Icon

Video minutes32

Excel Exercises5

  • Multiple based debt capacity analysis
  • Dangers of using multiples
  • Cash flow based debt capacity analysis
  • Calculating free cash flows
  • Debt tranching
  • Seniority and subordination

Post-Class: Felix

After your classroom training you will be given access to Felix. Instantly access over 2,500 precise instructor-led videos. Build your models quickly and accurately with streamlined SEC data and market and industry data collated by our team of experts.

Fundamentals – Complete all 3 days and receive 1 month free access to Felix.

Industry Certificate – Book all 3 days and The Deal Maker to receive 3 months free access to Felix.

After your classroom training you will be given access to Felix. Instantly access over 2,500 precise instructor-led videos. Build your models quickly and accurately with streamlined SEC data and market and industry data collated by our team of experts.

Fundamentals – Complete all 3 days and receive 1 month free access to Felix.

Industry Certificate – Book all 3 days and The Deal Maker to receive 3 months free access to Felix.

Get a Wall Street Recognized Certification

Upgrade your Résumé with the Private Equity Industry Certificate

Unlock your Private Equity Industry Certificate when you complete all 3 days and The Deal Maker, to join our alumni of the world’s best analysts. Certification can easily be added to LinkedIn, demonstrating your achievement which will be recognized by the most prestigious firms on Wall Street.

Our Alumni

Demonstrate You're As Good As The Best

By earning the Private Equity Industry Certificate, you will be able to join our prestigious alumni on LinkedIn alongside hires at the top 4 investment banks. After becoming a member of this elite community, you can unlock exclusive benefits such as course discounts and more.

Frequently Asked Questions

Is it right for me?

Accordion Arrow Icon

Our in-person classrooms offer distinct learning opportunities. Have your questions answered immediately by our expert instructors. Utilizing years of industry and teaching experience, they will make the learning applicable and vibrant. Reference the learning materials online for 365 days after the live sessions.

What will I need?

Accordion Arrow Icon

A laptop is essential, ideally with a webcam and microphone, and working WiFi. You must have access to Adobe Reader and Microsoft Excel. Each live session will take place on Zoom. Participants will be sent a link in their online classroom hub.

Will I get certification?

Accordion Arrow Icon

Yes! Earn your fundamentals certificate after completing 2 days of the program. Complete all 5 days of the program to earn your Private Equity Industry Certificate. Demonstrate your new capabilities by quickly adding your certification to LinkedIn and join our prestigious alumni to receive exclusive benefits.

Are there any additional fees or costs?

Accordion Arrow Icon

No, everything detailed is included in the price.

Can I download the Excel files and financial modeling templates?

Accordion Arrow Icon

Absolutely, all files and resources are accessible via our intuitive learning platform, designed to support you throughout the program and beyond.

Is Financial Edge's training credible?

Accordion Arrow Icon

The 4 leading investment banks, as rated by the FT, hire us to train their incoming analysts. If you are looking to join the best analysts in the world, challenge yourself with the same content, certification, and Wall Street instructors.

* Is the instructor the same throughout?

Accordion Arrow Icon

Not always, but at FE we are privileged to have a deep bench of expert Wall Street instructors. If the instructor has to change for any reason we will let you know, but rest assured you will always receive the very best classroom experience.