M&A Program

The objective of this program is to provide knowledge, and detailed understanding of managing the Mergers & Acquisitions transactions followed in the industry. This course will help participants to improve their knowledge and develop their professional skills required in the M&A career or dealing with M&A transaction in their companies. All individuals who want to improve their knowledge and further develop their professional skills in the private equity space can benefit greatly from enrolling in a Private equity training in Singapore program designed to build real-world expertise and credentials.

• Professionals who are seeking a career in M&A
• CEOs, head of business units, departments and decision-making personnel – who want to deal or currently dealing with private equity firms
• Middle to senior managers from any industry
• Analysts/ investment bankers/ professionals planning to do M&A
• Candidates who wish to set up M&A business

Methodology & Trainer

The non-theoretical methodology which includes interactive discussions, case studies, interactive games and assignments to understand the concepts and their applicability in the current economic and financial environment. This hands-on approach reflects our commitment to engaging eLearning design for companies, where learning is active, immersive, and relevant to real-world scenarios. All our trainers are carefully chosen by us and possess a rich and vast experience in the financial sector. This course is conducted by an experienced training consultant having more than 17 years of industry experience with some of the worldu2019s leading business institutions, specializing in corporate finance, investment banking, and private equity.

Module – 1: Introduction

• Introduction
• What constitutes M&A?
• How M&A is different from Strategic Alliance
• Summary of M&A processes -identification, due diligence and acquisition, documentation, Integration

Module – 2: Various Types of M&A and Strategic Reason for M&A

• Why do companies M&A?
• Strategic and Tactical Reasons for doing M&A
• Various Types of M&A
• Pitfalls and advantages for these Strategic decisions

Module – 3: Success Factor and Parties involved in M&A Transactions

• Key Parties Involved
• Pre-requisites to an M&A
• Critical Success Factors and pitfalls to avoid

Module – 4: Key Process involved in M&A

• Steps by Step Approach in M&A
• Why analyzes the Industry?
• How to identify the target companies and approach
• Various Criteria to be applied to the Target

Module – 5: How to create a comprehensive model and analysis for M&A Transactions

• Build and Critical combined statements
• How to integrate the data of two companies and build the synergies the combined entity
• Financial Analysis and Effects of M&A
• Calculation of Purchase Price Consideration and Goodwill
• Sources and Uses of Fund
• Shareholding and its impact due to dilution of shares

Module – 6: Calculation and Analysis of EPS Accretion/Dilution

• Detailed EPS calculations, including the pitfalls to avoid
• EPS Accretion/Dilution calculation and analysis
• Analysis – Combined financial statement
• Analysis of Shares, convertibles, preference shares outstanding of the combined entity
• Exchange ratio calculation
• EPS Accretion/Dilution Analysis

Module – 7: Valuation Model applied in M&A Transaction Valuation

• Valuation Methods and adjustment of various premiums and discounts
• Discounted Cash Flow Adjusting for Synergies
• Types of Sensitivity Analysis in the M&A valuation
• 1-D Sensitivity Analysis
• 2-D Sensitivity Analysis
• One Stage vs Multi-Stage Models

Module – 8: Managing Comparable Companies Analysis

• Process of valuation based on comparative multiples – Compilation, adjustments, and rationalization
• Characteristics of Multiples
• Comparable Companies Analysis Pros and Cons
• Enterprise value multiples – Equity value multiples
• Key issues and pitfalls
• Application of control or leadership premium, synergies, cash flows, illiquidity and minority discounts, etc

Module – 9: How to analyze the company using Precedent Transactions Method

• Key Challenges applying Precedent Transaction Method
• Precedent Transactions Analysis vs Trading Comps
• Pros and Cons
• Process/Steps of valuation based Precedent Transactions Analysis
• Critical adjustments in the compilation and analyzing precedent transactions

Module – 10: How to identify and analyze the Synergies in M&A

• Various types and their impact
• Cost Synergies
• Revenue Synergies
• Critical Success Factors and pitfalls to avoid

Module – 11: Due Diligence

• Why do Due Diligence?
• Various types of Due-diligence
• How to prepare a company for due diligence
• Creating a due diligence plan in line with the rationale
• Balancing the role of internal and external service providers
• How to resolve post due to diligence observations

Module – 12: Deal Structuring and Negotiation and Closure

• Keys terms and their impact on M&A business-
• How to negotiate effective terms sheets
• Key points to focus while negotiating SPA/SHA
• Key Structure used in M&A Transactions

Module – 13: Post-Merger Integration

• Why do M&A deals fail?
• Risks and its mitigation in M&A
• Key issues like Attrition, KMPs Retention Mechanism etc
• Financial Implications of Firing KMPs
• Management of hierarchal differences and cultural differences

Beyond the Numbers: Effective Deal Origination and Strategic M&A initiatives in Singapore marketplace

Deal success in Singapore begins much earlier than valuation. In this article, the author would examine the important initial stages of any deal; the deal origination and the strategic target identification in the active Singapore market. We are going to discuss how companies identify their possibilities to acquire objects, evaluate the strategic fit and the early-stage issues of both a buyer and a seller. The M&A deal structuring course of ours offers powerful forward deal sourcing and strategic reason-based scrutiny of effective mergers and acquisitions that will enable you to start and critique M&A programs competently in the competitive environment of Singapore.

The Role of Due Diligence and Risk Mitigation in Singapore M&A Deals

Complex M&As deals in Singapore are not your safest bet, and that is where comprehensive due diligence will be your final insurance cover against any surprise. Such material would highlight the significant importance of a thorough due diligence investigation to include financial, legal, operational, and commercial due diligence with regards to the Singaporean setting. We will find out how pre-identifying likely to amount to liabilities, hidden cost or issues of compliance may greatly influence the valuation of a deal or its structure. Our M&A Program teaches you how to undertake a thorough due diligence and how to adopt a rigorous defence of risks, so that you will guard your own value as well as when it comes to creating it in all Singaporean M&A deals. If you want to develop deep expertise in this area, enrolling in an M&A legal due diligence course can provide a strong foundation.

If you want to know more about the program, please refer to our course page at Riverstone Training schedule!