Overview

The aim of the competition is to introduce students to the evaluation of a private equity transaction. The teams are expected to perform in-depth analysis of the investment opportunity and structure the transaction to maximize the return potential. The top teams will present their fundamental research and valuation models to a panel of judges from the industry. The declaration of the winners will be tied with an award ceremony and networking reception. The judges will give a talk about their private equity experiences and provide some feedback with regards to the submitted reports and presentations

Competition Structure

In the inaugural year students were asked to look at Staples Inc. as a potential LBO candidate and use financial engineering and recommend a future management strategy after the takeover. The competition had the following structure:

  • Teams of 4 - Recommend cross-functional teams with RFA and MCA members.
  • Participants can be in the 1st year of Full-Time or up to 2nd year of Part-Time program.
  • 20 page presentation to be submitted
  • Financial model must be submitted and must adhere to certain guidelines outlined in the case
  • 1.5 week time limit
  • 2 rounds
    • 1st round presented to 2nd year student judges
    • 4 teams short listed for finals
  • Final round presented to guest judges
  • Guest judges to select winners

 

Submissions judged on 3 main criteria:
1) Financial assumptions and choices used
Were financial assumptions in-line with real world expectations, i.e. was the takeover premium high enough for shareholders to agree to a takeover

2) Strategic implementation
Would the strategy employed and suggested yield the promised IRR for the new shareholders

3) Presentation style and format
Does the style and format of the presentation adhere to the calibre and expectations of an investment being presented to a board / superiors

Key Dates

To be Announced

Past Winners

2014 - 15:

  • 1st Place: Mark Bluvshtein, Adam Edgerley, Richard Gill, Daniel Wang
  • 2nd Place: Satwik Sharma, Claudia Dzierbicki, Ashish Kulkarni, David Wright

2013 - 14:

  • 1st Place: Alex Fitzgerald, Artem Kaikov, Kriti Dixit, Mikhail Clarkson
  • 2nd Place: Georges-Etienne Fortin, Husain Chinikamwala, Michael McVety, Viral Shah
  • 3rd Place: Basel Jarrad, Dejan Knezevic, Dimitrije Jankovic, Mridul Jain

2012-13:

  • 1st Place: Christopher Lam, Elton Law, Ryan Lee, and Jude Voon 
  • 2nd Place: Zachary Dombrowski, Ahmed Halawa,  Igor Nirenstein, and Taylor Self