Valuation for M&A : building and measuring private company value

Cover -- Title Page -- Copyright -- Contents -- Preface -- Dedication and Acknowledgments -- Part I Introduction -- Chapter 1 Winning through Mergers and Acquisitions -- Critical Values Shareholders Overlook -- Stand-Alone Fair Market Value -- Investment Value to Strategic Buyers -- Win-Win Benefits of Merger and Acquisition -- Computation of Cavendish's Stand-Alone, Fair Market Value -- Investment Value to Strategic Buyer -- Part II Building Value -- Chapter 2 Building Value and Measuring Return on Investment in a Private Company -- Public Company Value Creation Model -- Computing Private Company Value Creation and ROI -- Analyzing Value Creation Strategies -- Chapter 3 Market and Competitive Analysis -- Linking Strategic Planning to Building Value -- Assessing Specific Company Risk -- Competitive Factors Frequently Encountered in Nonpublic Entities -- Financial Analysis -- Conclusion -- Chapter 4 Merger and Acquisition Market and Planning Process -- Common Seller and Buyer Motivations -- Why Mergers and Acquisitions Fail -- Sales Strategy and Process -- Acquisition Strategy and Process -- Due Diligence Preparation -- Chapter 5 Measuring Synergies -- Synergy Measurement Process -- Key Variables in Assessing Synergies -- Synergy and Advance Planning -- Part III Measuring Value -- Chapter 6 Valuation Approaches and Fundamentals -- Business Valuation Approaches -- Using the Invested Capital Model to Define the Investment Being Appraised -- Why Net Cash Flow Measures Value Most Accurately -- Frequent Need to Negotiate from Earnings Measures -- Financial Statement Adjustments -- Managing Investment Risk in Merger and Acquisition -- Conclusion -- Chapter 7 Income Approach: Using Expected Future Returns to Establish Value -- Why Values for Merger and Acquisition Should Be Driven by the Income Approach -- Two Methods within the Income Approach.