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Financial Modeling for Merger Transactions

Instructor: EDUCBA

Included with

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4 modules

Gain insight into a topic and learn the fundamentals.

8 hours to complete

Flexible schedule

Learn at your own pace

4 modules

Gain insight into a topic and learn the fundamentals.

8 hours to complete

Flexible schedule

Learn at your own pace

What you'll learn

Analyze merger transactions and evaluate enterprise and transaction values.
Construct LTM financials and build pro forma merger financial statements.
Assess acquisition impact using valuation, goodwill, and balance sheet adjustments.

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There are 4 modules in this course

Analyze merger transactions, evaluate enterprise value, construct LTM financials, and build pro forma financial statements to assess acquisition impact. By completing this course, learners will develop practical skills in merger modeling, valuation techniques, and financial statement integration used in real-world investment banking and corporate finance.

This course guides learners step-by-step through the full merger modeling process—from understanding deal structure and calculating offer and transaction values to analyzing target financials and applying valuation multiples. Learners will gain hands-on experience in preparing balance sheet adjustments, calculating goodwill, and building pro forma financial statements that reflect post-merger performance. What makes this course unique is its case-based approach, using a realistic merger scenario to bridge theory and application. Instead of isolated concepts, learners work through an end-to-end financial model, gaining job-ready skills applicable in M&A, equity research, and financial analysis roles. By the end, learners will confidently evaluate acquisition decisions and interpret their financial impact.

Module details

This module introduces the core concepts of merger modeling, focusing on understanding deal structure, valuation setup, and the transition from offer value to enterprise value. Learners build a strong conceptual foundation required for financial analysis in mergers and acquisitions.

What's included

6 videos4 assignments

6 videosTotal 48 minutes

Introduction to Hannifin and Clarcor Merger Modeling7 minutes
Introduction to Hannifin and Clarcor Merger Modeling Continues7 minutes
Template and Sources Used for Valuation9 minutes
Calculation of Target Offer Value8 minutes
Calculation of Target Transaction Value8 minutes
Target Enterprise Value8 minutes

4 assignmentsTotal 60 minutes

Foundations of the Merger Model30 minutes
Deal Overview & Context10 minutes
Valuation Framework Setup10 minutes
From Offer to Enterprise Value10 minutes

This module explores advanced valuation techniques, including enterprise value analysis and the construction of Last Twelve Months (LTM) financials. Learners develop the ability to interpret recent financial performance and apply it in valuation models.

What's included

6 videos4 assignments

6 videosTotal 46 minutes

Target Enterprise Value Continues8 minutes
Target LTM period narration7 minutes
More on LTM period narration7 minutes
Target LTM financials7 minutes
Example of Target LTM financials7 minutes
Example of Target LTM financials Continues10 minutes

4 assignmentsTotal 60 minutes

Deep Dive into Target Valuation30 minutes
Understanding Enterprise Value in Detail10 minutes
Building the LTM Narrative10 minutes
LTM Financials in Practice10 minutes

This module focuses on analyzing historical financials, applying valuation multiples, and preparing balance sheets for merger adjustments. Learners gain practical skills in financial statement interpretation and acquisition accounting.

What's included

6 videos4 assignments

6 videosTotal 52 minutes

Target LFY Financials7 minutes
Multiples LFY Financials8 minutes
Acquiror Balance Sheet12 minutes
Clarcor Target Balance Sheet7 minutes
Reclassification of Target Balance Sheet9 minutes
Acquistion Adjustments8 minutes

4 assignmentsTotal 60 minutes

Financial Analysis & Balance Sheet Mechanics30 minutes
LFY Financials & Multiples10 minutes
Understanding Balance Sheets10 minutes
Preparing for Adjustments10 minutes

This module integrates all concepts into pro forma financial modeling, enabling learners to build combined financial statements and evaluate the financial impact of mergers. It emphasizes synergies, adjustments, and final performance assessment.