How a Deal Gets Done
To celebrate July 4th, we decided to have a little bit of fun. We took a few minutes and put together a quick story, in pictures, of how a typical deal gets done. Have a great holiday and enjoy the story:
Ask anyone where they found their deal, they’ll say this:
But, really their analysts and associates found the deal doing this:
When a banker describes their deal as a “turnaround”, they talk about it like this:
The seasoned deal professional imagines something a little bit different:
How the owner reacts when they hear about the first IOI:
How you react:
Then the analysts and associates start building models:
When a buyer asks for access to the environmental reports:
How it feels to enter a deal process late and come in with the winning bid:
After doing due diligence, you uncover a huge problem:
Your reaction when the analysts complain about staying up all night rebuilding the models:
Then the owner reacts to your updated offer price:
How you feel after you finally convince him it’s a good offer:
The owner gets cold feet on signing day. The banker helps him make up his mind:
You, after the deal closes:
How the owner feels when the check clears: