Center for Financial Services

Certificate Programs

Certified Merger and Acquisition Advisor Certificate Program

November 1-5, 2010

WHO SHOULD ATTEND

CPAs and other front-end fnancial advisors, attorneys, M&A Consultants and Intermediaries, Corporate Executives, Board of Directors & Owners, Personal Financial Planners, Private Investors, Investment Bankers and Appraisers. Also Executives, Directors, Managers and those interested in learning more about the world of M&A.

 
SCOPE & PURPOSE 

DePaul University’s Center for Financial Services has partnered with the Alliance of Merger and Acquisition Advisors (AM&AA) to offer a unique perspective on the middle marketplace for mergers and acquisitions. This partnership represents the frst and only advanced educational program for business leaders and advisory professionals.

As business sellers and buyers are often left to their own devices to make important decisions, this five-day program has been designed to specifcally address a large and highly fragmented market of mergers and acquisitions ranging in $5m-$500m in transaction value.  During this program, industry experts will offer their views on current and future trends; DePaul faculty and practicing M&A instructors provide content that address both theoretical and applicable topics and tools in the real world of M&A. The synergy of this partnership represents the highest quality of available knowledge and thought leadership for middle market M&A services.

At the end of the program, participants will receive a Certifcate of Completion from DePaul’s Life Long Learning department. Participants who are both qualifed and experienced as a business professional may also elect to take the exam. Those who successfully pass the exam will be awarded an advanced professional credential “Certified Merger & Acquisition Advisor” (CM&AA) and membership to the AM&AA. 

LOCATION:
DePaul Center
1 E. Jackson Blvd., Chicago
8th Floor
Room: 8010
 
TIME:
8:00 AM- 5:00 PM
 
FEE:
$3,500 which includes all program materials, books and business valuation tools.
 
REGISTRATION:
877.844.2535 info@amaaonline.org
amaaonline.com
 
Class sizes are limited to offer you a more comprehensive and direct learning environment.

TOPICS COVERED IN THIS PROGRAM    

  • Review and Examination for Credentialing (Optional)
  • Acquisition & Growth Financing
  • Other M&A Legal and Tax Issues
  • Traditional Business Valuation and Transactional  Valuation
  • Business Valuation and M&A Standards, Accounting, Finance
  • Buy- and Sell-Side Representation, Traditional Investment Banking
  • The Dynamics of an M&A Engagement & Practice Management
  • An Overview of the Private Capital Marketplace

 

FACULTY
This program is taught by M&A practitioners offering a unique approach and combination of academic excellence and real world M&A experience.

DEPAUL CERTIFICATE/AM&AA
ADVANCED PROFESSIONAL CREDENTIAL
At the end of the program, all participants will receive a Certificate of Completion from DePaul University’s Life Long Learning Executive Education Department.
Participants who successfully complete the certification test will also be awarded an advanced professional credential “Certified Merger & Acquisition Advisor” (CM&AA). 

DAY 1 |  (morning) “The Private Capital Marketplace”

  • Going Public vs. Going Private
  • New Rules for Value Creation
  • Negotiating and Structuring the Deal
  • External Business Transfers
  • Internal Business Transfers – (ESOPS, charitable trusts, family)
  • The “Bazaare Bazaar”
  • Private Finance for Middle Market Companies

 

DAY 1 | (afternoon) “Corporate M&A Development”                   

  • Acquisition Integration
  • Minority Shareholder Issues
  • Divestitures & Joint Ventures
  • Exchange Ratios
  • Synergies
  • Stock-for-Stock Acquisition
  • Accretion/Dilution

 

DAY 2 |  “The Dynamics of an M&A Engagement”

  • Finding a Buyer or a Seller
  • M&A Practice Management
  • Traditional Investment Banking Process
  • “Buy-Side” Representation
  • “Sell-Side” Representation
  • How to Market M&A Expertise
  • Preparing Prospective Financial Statements
  • Normalizing Financial Statements
  • Analyzing the Current Capital Structure

 

DAY 3 |  “Business Valuation and M&A Standards”

  • M&A Standards: Enterprise Value and Operating Balance Sheet
  • Reducing Hyper-sensitivity to Cost of Capital and Growth Assumptions
  • Terminal Value with changing Capital Structure 
  • Multi-constraints Value Maximization and Optimal Capital Structure
    • Integrating ROI, Debt Capacity and Debt Service
  • Theoretical Problems with WACC
  • Transactional Valuation Theory
  • Traditional Business Valuation Approaches & Methods

 

DAY 4 (morning) |  “M&A Tax Issues”                 

  • Tax Deferral and Minimization Strategies
  • Statutory Merger & Acquisition Rules
  • Complex and Creative Tax Structuring Solutions
  • Stock vs. Asset Sale Impacts for Buyer and Seller

 

DAY 4 (afternoon) | “Acquisition & Growth Financing”

  • Mezzanne Financing Alternatives
  • Overview of Equity
  • Overview of Debt Financing
  • Working Capital Basics
  • Financing Business Acquisitions

 

DAY 5 (morning) | “M&A Legal Issues”

  • Representations and Warranties
  • Regulatory Laws/Securities Laws
  • Shareholder and Operating Agreements
  • Earn-outs and Employment Agreements
  • Legal Aspect of the Deal Structure/Due Diligence
  • Letter of Intent
  • Lawyer’s Role

 

DAY 5 (afternoon)

  • Exam – 3 hours or longer if needed