What is TAM (And Why Do I Care)?

A well-defined TAM can shape the long-term direction and growth rate of a business

Distressed Debt and Vulture Capitalism

What is Distressed Debt? A company is considered to be in a state of financial distress when it cannot meet a majority of its financial…

Letter of Intent (LOI)

Pre-diligence is often initiated with the submission of an Indication of Interest (IOI) and culminates with a Letter of Intent (LOI).

Confidential Information Memorandum (CIM)

The CIM is a marketing document that gives an overview and key investment highlights of a company.

Prioritize Decisions Using the ‘Eisenhower Matrix’

Being upfront about the time and resources required to accomplish certain demands and aligning with the sponsor around those dynamics is crucial.

What Are Covenants in Private Equity?

Financial covenants are the promises or agreements entered into by a borrowing party that are financial in nature.

What Is an Acid Test?

An acid test evaluates the effectiveness or success of a person, product, firm, industry or initiative through a rigorous test.

What Is an EBITDA Bridge

An EBITDA bridge is a visual data tool that analyzes EBITDA rates to create a summary or forecast of the company’s profitability.

Carve-Outs: What You Need to Know

Carve-outs are partial sales of businesses or business units, similar to but different from spin-offs.