A couple of weeks ago, I had the opportunity to participate in the ACG Case Competition. ACG is the global community for middle market M&A as well as broader corporate finance dealmakers and business leaders. The organization represents a variety of financial sectors including private equity, investment banking, family wealth management, lending institutions, accounting, among others. The Association for Corporate Growth hosted around 10 teams in this annual investment banking and private equity competition.
The ACG Cup provides a unique opportunity for MBA and graduate students in the finance field to get real-world experience while interacting and networking with leading financial professionals and companies. My team was tasked with solving an M&A case that involved valuation of an LBO, M&A synergies and valuation of a stand-alone company through different valuation techniques. The event is a highly valuable experience for those interested in pursuing a career in investment banking/private equity/wealth & asset management.
For those of you interested in participating in a case competition, ACG is a great opportunity to get involved in a competition related to the finance field. Besides the opportunity to develop your own valuation model with your team and practice presenting in front of an audience of final professionals, there is also opportunity to network after the competition. I found this opportunity extremely valuable if you are looking for a job or looking to join a professional organization. Regardless of the outcome, ACG members which ranged from managing directors, associates, and analysts were very welcoming and willing to connect you with other professionals in the field that you were interested.
- Valuation techniques involved: LBOs, Exit Multiples, Precedent, Comparables, DCF, Synergies valuation
- Location: Cleveland, OH
- First, second and third place receive cash prize and the first-place team was invited to join InterGrowth – ACG’s yearly conference for private capital professionals in the middle-market – this year taking place in Orlando, Florida.