Structuring

Question 1

M&A Case Structuring (Framework)

Answer 1

Explore Target Market (competition, typical profitability)
Target Business Model (product mix, customer segment, geography)
Target Valuation (profitability, synergies, investment criteria)
Risks

Question 2

Wildcard

Answer 2

Explore external factors (market)
Makes sense to do some benchmarking (ie: vaccination rate in other countries) - is there a gap we can bridge? How does our client compare to the competition?

Indicator (revenue analysis)
Make sure you define your indicator the same as the interviewer - in this case, what kind of roles
Historical dynamics - are the trends upward or downward?

Process flow associated with the indicator (distribution channels)

Drivers of the indicator (4Ps - apart from distribution)

Question 3

Comparison Case

Answer 3

Get better sense of clients business model
What are the pods about?

Strategic value of deal
Analysis of non financial consequences
improvement in CX (reduce wait times, friendlier account managers)
risk diversification (larger product portfolio and new product segment)
new opportunities (ie: new markets, segments, product lines, cross sell)
advantages in operations (increase in quality control, higher productivity and capacity, less operational complexity)

Financial analysis
Capex and investment criteria - do they need to invest in new equipment?
Expected revenue
Expected costs

Risks 
Market specific (competition and customers - what kind of competitive reaction can they expect?)
Operational risks (longer launch time, delays, quality control issues, increase in operational complexity, etc.)
Financial risks (lack of funding to execute, exaggerated profit expectations, less than forecasted revenues)

Question 4

PE

Answer 4

Market, Target, Valuation, Risks

Question 5

Profitability

Answer 5

Market, Client Business Model, Margin improvement areas (increase revenue, decrease sales), Financial analysis (growth rate, cost structure, revenue structure)

Question 6

Market Entry

Answer 6

Market (growth rate, competitors, size, average margins), Client (distribution strategy, marketing, customer segment, product mix), Market entry risks