The Impact of Tax Reform on Financial Models

The 2017 tax reform act will materially impact financial models used to support M&A and LBO transactions and may have serious implications on how buyers and sellers structure them. In this mini-course, Wall Street Prep founder Matan Feldman will show investment bankers and private equity professionals how to integrate these complicated rules into their models. Specifically, he will cover: How financial models need to be revised to reflect new limits on interest expense deductions, bonus depreciation and changes to NOL rules; How these new tax rules will impact valuation models and M&A deal structure preferences; The specific considerations for highly leveraged companies and the risk-reward calculation for undertaking an LBO; Possible changes in the corporate structure of sponsor-backed portfolio companies.