This is very close to a real-world exercise for these MBA students.
Stamford, CT (PRWEB) May 23, 2013
ACG Connecticut, the premiere association of dealmakers in the state, today awarded the fourth annual ACG Connecticut Cup to a team of MBA students from Sacred Heart University, edging out student teams from the University of Connecticut and Yale University.
“This is very close to a real-world exercise for these MBA students,” said ACG Connecticut Cup Chairman Justin Blum of M&T Bank. “The teams were allowed one week to develop a central thesis encompassing valuation, capital markets and M&A strategic recommendations that they then had to pitch to a panel of three judges, representing the board of directors of the client company. Each had the same case information and background information, which they were able to access from Merrill Datasite, our sponsor. The case study was prepared by Houlihan Lokey, also a sponsor.”
The judges included three seasoned M&A professionals from within the ACG Connecticut community: Ron Lehman of Bruderman Brothers, Marty Magida of Carter Morse and Mathias, and Rich Steere of New Heights Capital. They scored each team on a scale of 1 to 5 in the following areas: Organization/Structure, Content, Transaction/Valuation, Financials/Technical, Verbal/Board Presentation.
The presentations were made on RBS’s trading floor in Stamford with a networking reception that followed. The ACG Connecticut Cup and a $1,000 cash prize will be awarded to the Sacred Heart team at the June 7 breakfast meeting at the Stamford Marriott.
The ACG CT June breakfast meeting will also feature a keynote address/presentation by David Best, Vice President, Marketing, Newman's Own.
Members of the media are invited to attended free of charge. To reserve your spot, please contact Laura Brophy at lbrophy(at)marketcompr(dot)com.
Founded in 1954, the Association for Corporate Growth is the premier global association for professionals involved in corporate growth, corporate development, and mergers and acquisitions for mid to large companies. Leaders in corporations, private equity, finance, and professional service firms focused on building value in their organizations belong to ACG. They recognize the multiple benefits of networking within an influential community of executives growing public and private companies worldwide. For 50 years, ACG members have focused on strategic activities that increase revenues, profits and, ultimately, stakeholder value. Today ACG stands at more than 14,000 members representing Fortune 500, Fortune 1000, FTSE 100, and mid- market companies in 56 chapters in North America, Europe and Asia.
The Connecticut Chapter of the Association for Corporate Growth (ACG Connecticut) is one of the fastest growing, most vibrant ACG chapters in the country. ACG Connecticut is comprised of close to 300 local professionals focused on middle-market corporate growth (i.e.: mergers and acquisitions, financing opportunities, business development, joint ventures, licensing arrangements, etc.), including a diverse group of private equity funds, intermediaries, lenders, and service providers.
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