Leveraged Buyouts, + Website: A Practical Guide to Investment Banking and Private Equity

by Paul Pignataro

A comprehensive look at the world of leveraged buyouts The private equity industry has grown dramatically over the past twenty years. Such investing requires a strong technical know-how in order to turn private investments into successful enterprises. That is why Paul Pignataro has created Leveraged Buyouts + A Practical Guide to Investment Banking and Private Equity.Engaging and informative, this book skillfully shows how to identify a private company, takes you through the analysis behind bringing such an investment to profitability--and further create high returns for the private equity funds. It includes an informative leveraged buyout overview, touching on everything from LBO modeling, accounting, and value creation theory to leveraged buyout concepts and mechanics.Provides an in-depth analysis of how to identify a private company, bring such an investment to profitability, and create high returns for the private equity funds Includes an informative LBO model and case study as well as private company valuation Written by Paul Pignataro, founder and CEO of the New York School of Finance If you're looking for the best way to hone your skills in this field, look no further than this book.

Genres: Finance, Business, Economics

448 pages, Kindle Edition

First published January 1, 2013

Reviews

[Dick · Rating 4 out of 5]

I think Pignataro did a good job in going step by step for anyone who look to learn basic financial modeling. It is a good book to have on the desk for anyone who is new to equity analysis. I like how he used a real transaction as an example for the core model in the book. Honestly with books like these I just cannot understand the need to pay 50k for a course while you can totally learn it yourself in a week. I guess people just love to spend money.

As good as this book is unfortunately it is just too elementary for me. He spent a lot of pages teaching about excels and I just wish he would go deeper into LBO conceptually but maybe its for another book. Although I am a bit disappointed with the depth it offers me a good framework for my investment analysis, and it is a good refresher on equity modeling.

[Forrest Hosten · Rating 4 out of 5]

Great introduction to a novice in LBO, from starting to finish. Paul does an amazing job of walking you through each complicated aspect. He organized the book in the perfect way. He introduces the concepts at a high-level and gets into the weeds of some of the specifics for those concepts. After we go through those concepts, we apply them to an LBO analysis of the Heinz/Kraft deal from 2013. You learn a concept and then apply it. Thats how you learn effectively.

Great work

[Skywalker Hu · Rating 5 out of 5]

Better than Rosenbaum and Pearl in terms of modeling.

[Tin Heung · Rating 5 out of 5]

i learned from this book better than any classes I have ever been to

[Chris Jones · Rating 5 out of 5]

Great for a bit of light bedtime reading