Financing Strategies for Growth, Acquisitions and New Business Ventures

Course details

One of the biggest impediments to the growth of a business is not having sufficient cash to support the increase in activity. A business may require additional funds to cover everything - from financing a new business venture to financing new capital expenditures and strategic acquisitions. As with any form of financing, it is important that you match the finance facility with its purpose, to ensure that it does the job it is intended to do. In this two-day comprehensive executive program, you will learn how to match the growth of your company to the right financing strategies. Whether you are a startup pursing an IPO, a rapidly growing business that requires significant financing or an MNC that requires cross-border financing, this program will teach you how to use the right financing strategy matched with the right financing instrument to allow you to pursue your business growth. You will learn how to map your current cash flow needs against your existing capital structure to arrive at the financing strategy which best suits your company.

You will be exposed to a wide range of financing tools available - from IPO & equity financing to asset financing, bond issuance and hybrid financing strategies and you will learn how to position your company to tap into different investor groups. You will also learn to take into account tax considerationsin financing transactions, scenario planning and industry/peer benchmarking to ensure you are pursuing the right strategy.

Led by a faculty director who has successfully led over US$20 billion of deal transactions, Thomas Kessler’s financing and M&A transactions has been studied and featured by Harvard Business School as a HBS case study. You will also be exposed to group discussions and engage in live case studies with other financial leaders and you will have the opportunity to establish a network with other financial leaders like yourself across multiple industries and countries.

This executive program is launched concurrently with Evaluating Financial Implications of New Business Opportunities. As both programs are designed to help you establish the right finance capabilities for your organization to pursue growth, you are encouraged to enroll multiple participants to these two highly popular finance programs.

What You Can Expect

• Learn how to align your financing strategy with your current business strategy by matching your business life cycle with appropriate financing strategies
• Understand the universe of financial instruments available, when and how to tap into these financing instruments and different investor groups to meet your financing needs
• Learn how to map your existing cash flow needs to the right financing tools available and do scenario planning and peer benchmarking
• Understand the different financing you should put in place for IPO, business growth, new ventures and acquisitions
• Match the liquidity needs you have against the financing strategy you are pursuing
• Know what is the optimal capital structure that fits the business strategy you are pursuing
• Learn the appropriate financing you need to put in place before pursuing an acquisition
• Explore the different M&A and joint venture deal structures and their financing structures
• Manage financial risks on currency risks, debt redemption risks and hedging strategies for fx and interest rates

Who Will Benefit Most

This executive program is designed for all Directors, Managers, Vice Presidents, and Head of Departments having business growth and strategic financing responsibilities including Financial Planning, Financing, Capital Raising, Business and Corporate Development, Mergers and Acquisitions, Corporate Strategy, Project Financing, New Business Ventures, Investment Specialists, Corporate Finance, Treasurer, Financial Controller and those involved in identifying new business opportunities for growth. This program is also relevant for senior management who have responsibilities in growing their company's business portfolio and who wants to have a better understanding on how to position their company for strategic growth in near future.

Program Outline

DAY 1

Registration & Welcome Coffee & Tea

• Aligning Financing Strategy with Business Strategy
• Matching business life cycle and financing strategies
• Current Business Strategy and Long-Term Growth Objectives
• Aligning Capital Structure with Business Strategy along the Growth Curve

Morning Refreshments Break

Aligning Financing Strategy with Business Strategy (cont.)

• Industry and Peer Benchmarking
• ‘Group Exercise III’ Forecasting Financial Performance Financing Needs and Estimating Liquidity Needs

Networking Luncheon

Tapping into Different Financing Strategies to Position the Company for Growth

• Optimizing corporate capital structure
• Definition of various financial strategies and instruments

Afternoon Refreshments Break

Tapping into Different Financing Strategies to Position the Company for Growth (cont.)

• Deal Structures: Mergers & Acquisitions and Joint Ventures/Strategic Alliances

Capital Structure and Valuation

• Identify the Key Components of the Purchase Price Formula
• The Different Approaches Used for Valuation and Their Differences
• Group Exercise V’ Harvard Business Case: Leverage restructuring as a takeover defense - “The case of American Standard”

DAY TWO

Registration & Welcome Coffee & Tea

Managing Financial Risks

• Cross currency liability management:
• Managing debt redemption risks
• Hedging strategy for financial and interest rate risks

Morning Refreshments Break

• Financing Strategies for Mergers & Acquisitions

Networking Luncheon

• Financing Strategies for Mergers & Acquisitions
• Financial Instruments Available for Mergers & Acquisitions
• Managing Financial Risks in Mergers & Acquisitions

Afternoon Refreshments Break

Evaluation Form

Financing Strategies for Joint Ventures

• Awarding Certificates & Closing of Program