{
  "docId": "019de06f-6e3e-7077-a233-0960269d6dc3",
  "docSlug": "9ffdbe63cafe0fdab0fe06827ff4ea3a",
  "documentTitle": "PJT Partners | Investment Banking Pitch Book | 53 slides",
  "authorId": "pjt-partners",
  "authorName": "PJT Partners",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2016-06-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.294673,
  "pageNumber": 12,
  "pageCount": 53,
  "prevPage": 11,
  "nextPage": 13,
  "slideType": "appendix_data",
  "function": "cite_precedent",
  "density": "balanced",
  "nDataPoints": 12,
  "notes": "Includes median and offer multiple benchmarks.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de06f-6e3e-7077-a233-0960269d6dc3/12",
  "deckHref": "/decks/019de06f-6e3e-7077-a233-0960269d6dc3",
  "deckJsonHref": "/decks/019de06f-6e3e-7077-a233-0960269d6dc3.json",
  "deckAnchorHref": "/decks/019de06f-6e3e-7077-a233-0960269d6dc3#slide-12",
  "components": [
    {
      "bbox": {
        "h": 0.45,
        "w": 0.9,
        "x": 0.05,
        "y": 0.15
      },
      "kind": "chart",
      "text": "TEV / LTM EBITDA multiples for 6 transactions",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "798f5c66-1fa0-466e-b6b9-fc896655b916",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.4,
        "x": 0.05,
        "y": 0.9
      },
      "kind": "source-note",
      "text": "Source: Public filings and Capital IQ. Note: EBITDA estimates are post-SBC. (1) Implied Solar TEV / FY2016A Adj. EBITDA (post-SBC) at offer price.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "10a89559-dbc8-449b-a1a5-588bb5381a0c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.2,
        "w": 0.9,
        "x": 0.05,
        "y": 0.65
      },
      "kind": "table",
      "text": "Transaction details including Target, Acquirer, Date, and TEV",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8146638d-9fb8-4762-b774-0d731cb03c2f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.4,
        "x": 0.05,
        "y": 0.08
      },
      "kind": "title",
      "text": "Selected Precedent M&A Transactions",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "902d9ec9-d132-4676-9b90-ddd1c40976b7",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Chart Selection Guide",
      "slug": "chart-selection-guide",
      "agent": "Designer",
      "layer": "slide",
      "matchId": "217273cf-e0d8-4eff-b772-8469c65c59c5",
      "evidence": "TEV / LTM EBITDA multiples for 6 transactions",
      "confidence": 0.7
    }
  ],
  "frameworks": [],
  "arcBeats": [],
  "loops": [
    {
      "to": 15,
      "from": 10,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "36b07cf9-2263-4a40-bf58-87fdebc1bb32",
      "evidence": "The deck presents the potential operating and financial cost savings summary",
      "position": 0,
      "objective": "What are the consequences of not pursuing the merger?",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.6,
      "description": "Quantify what happens if the audience does nothing"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}