Waddle Street
Programs
  • All programs
  • Insight programs
  • What changed
  • Competitions
Networking
  • Contacts
  • Find people
  • Write a note
Prep
  • Learn
  • Drills
  • My answers
  • Markets
  • Resume review
  • Resources
Industries
  • Overview
  • Find your fit
  • Guides
Waddle Street
LearnDrillsMy answersMarketsResume reviewResources

Learn

Learn/The M&A process from the buyer's side
LearnThe M&A process from the buyer's side

0 of 6 lessons, sign in to save

B Basic

  • Building and working a pipeline8m
  • Proprietary deals and auctionsPro9m
  • Diligence from the buyer's seatPro10m

A Advanced

  • The purchase agreementPro11m
  • Signing to closing, and buying a public companyPro11m
  • Selling: divestitures, carve-outs, and spinoffsPro10m
  • FlashcardsPro0/16
  • Basic quizPro80% passes
  • Advanced quizPro80% passes
  • Terms

The M&A process from the buyer's side

0
of 6 lessons
0
of 16 cards
FlashcardsStart the first lesson

From a name on a target list to a signed agreement and a closed deal: who does what, what each document is for, and where buyers lose money by not paying attention.

BBasic3 lessons

  1. 1Building and working a pipelineMost good deals start years before anyone is for sale. A pipeline is the list of companies the business might buy, and the history of every conversation with them.8 min
  2. 2Proprietary deals and auctionsProA buyer either negotiates alone with a seller or competes in a process a banker runs. The documents and the leverage are different in each.9 min
  3. 3Diligence from the buyer's seatProDiligence checks that the business is what the seller says it is. Every finding ends in one of three places: the price, the contract, or the integration plan.10 min
  4. QBasic quizPro8 questions, 80% passes

AAdvanced3 lessons

  1. 4The purchase agreementProThe purchase agreement decides how the price moves, who pays for problems found later, and when either side can walk away.11 min
  2. 5Signing to closing, and buying a public companyProBetween signing and closing come regulators, shareholder votes, and financing. Buying a listed company adds fiduciary rules that shape every term.11 min
  3. 6Selling: divestitures, carve-outs, and spinoffsProCorp dev also sells. Getting a business out of the company cleanly is often harder than buying one, because it was never built to stand alone.10 min
  4. QAdvanced quizPro9 questions, 80% passes