The Opening BidTHE THINKING BEHIND THE TRANSACTION
THE DEALS BEHIND THE HEADLINES

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THE ANATOMY OF A DEALILLUSTRATIVE CASE
NNorthstar
→
MMeridian
A price is just the beginning.
Standalone EBITDA$200m
Illustrative synergies$40m
12.0×Entry EV / EBITDA10.0×Including assumed synergies
LESS NOISE. MORE UNDERSTANDING.

M&A explained · Valuation unpacked · Careers accelerated

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