Leveraged Buyouts, + Website: A Practical Guide to Investment Banking and Private Equity 1st Edition

“Leveraged Buyouts: A Practical Guide to Investment Banking and Private Equity” is a perfect balance of conceptual theory and practical application. It walks you through every step from the development of a leveraged buyout (LBO) model to the final analysis, explaining the theory used and uncovering industry best practices that can be applied in any given case or scenario. Paul Pignataro provides the theoretical framework and describes the thought processes for each step of the analysis, identifying and expanding upon the factors which drive the valuation; allowing you to develop both the hard skills for modeling and the understanding to approach and intelligently discuss an LBO analysis at a higher level.I highly recommend his book for both beginners looking to better understand the industry, as well as, industry professionals looking to improve their skills. Tremendously valuable for anyone seeking to break-in or to further develop their career in Investment Banking or Private Equity.

I wouldn't know much about which book for leveraged buy-out would be the best. But when I came across this book as apart of the Wiley Finance Series extending from the Financial modelling and valuation book, I had with ZERO experience in Finance. Following Pauls book i can proudly say that I have gained excellent and proficient knowledge in financial modelling. The book provides excellent information on LBOs along with the advanced practical modelling using the Heinz LBO by 3G and Berkshire Hathway which makes this book by far the best to understand simply by the results that I have achieved. Now I can build sophisticated LBO models with advanced thinking of the "how-to-approach" ! The books is simple, step-by-step, elegant and I don't think any other investment banker could have simplified it more than what Paul has done. I look forward to your other books in the series. Thank you Paul for the publication.

Very good book to get the fundamentals right and the modeling mechanics. The cash flow approach to balancing is a great techinque all analyst should consider. I highly recommend this book to anyone who wants to get started in leveraged finance. This book made it interesting for me to get up early in the mornings to study.

Better than his financial modeling book to be fair, but same pattern of obviously fake reviews with effusive praise calling this the "best book on LBO's for beginners etc." Written by people whose only other reviews (if any) are for the author's other books. Way to monitor this stuff, Amazon

Great read to help you prepare for an IB or PE interview. Much better than all those interview prep guides that are out there.It’s an easy read and the practice materials really enforce your understanding. I didn’t know the first thing about LBO’s before reading this book. The author did a great job of breaking down the concepts so that even beginners or those without a finance background and/or education can learn.I recommend the book for anyone wanting to become an analyst or anyone who wants to brush up or refine their skills.

Paul's book, Leveraged Buyout, is an easy to read, step-by-step guide to how to model a leveraged buyout. I had no experience with financial modeling in the past, but with the knowledge Paul shares in his book, I have the confidence, knowledge and understanding of the mechanics of modeling a leveraged buyout. I would recommend this book to anyone who wants to understand LBO theory, LBO modeling mechanics, and some advanced modeling techniques for more complex analyses.

This book is good for anyone looking to get a job on Wall Street. The book includes knowledge and skills needed in the real world. If you're just starting out in finance, read Paul Pignataro's book on financial modeling - Financial Modeling and Valuation: A Practical Guide to Investment Banking and Private Equity (Wiley Finance) - and then pick this up for more practical IB-related work.

This book is extremely clutch. Before I read this material I had no idea what LBO involved but the techniques explained in this book was straight forward and easy to understand, even a novice like myself, started modeling my own LBO deals. If you are interested in the world of leveraged finance you cannot go work with this book. Highly recommended!!