Catalog · M&A & Capital Markets

The Takeout Premium

What’s inside

1. Module 1

   The Build-to-Sell Playbook

   • Designing an Asset for a Buyer Who Does Not Exist Yet · 3 min · narrated
   • Stabilization as a Product: De-Risking to the Handoff · 3 min · narrated
   • Module review

2. Module 2

   Mechanics of the Takeout Premium

   • Where the Uplift Comes From: Cap-Rate Compression and Cost-of-Capital Arbitrage · 3 min · narrated
   • Structuring the Exit: Auctions, Financing, and Risk Allocation · 3 min · narrated
   • Module review

3. Module 3

   Platform-Aggregation Economics: Why Scale Pays Up

   • The Aggregator's Math: Synergy, Overhead, and the Portfolio Multiple · 3 min · narrated
   • Funding the Premium: The Acquirer's Capital Stack · 3 min · narrated
   • Module review

4. Module 4

   Reading Candidates and the Compression Risk

   • Spotting Takeout Candidates Before the Deal · 3 min · narrated
   • When the Premium Compresses: Cycle Risk and the Crowded Trade · 3 min · narrated
   • Module review