{
  "docId": "019de073-88c4-7557-862e-d42919a60e52",
  "docSlug": "f97af7100d2469b46af53d2241f8cb74",
  "documentTitle": "Evercore | Investment Banking Pitch Book | 56 slides",
  "authorId": "evercore",
  "authorName": "Evercore",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2022-09-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.2938006,
  "pageNumber": 52,
  "pageCount": 56,
  "prevPage": 51,
  "nextPage": 53,
  "slideType": "appendix_data",
  "function": "compare_peers",
  "density": "balanced",
  "nDataPoints": 120,
  "notes": "The table includes summary statistics (Min, Median, Mean, Max) for all transactions and specifically for cash-for-unit transactions.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de073-88c4-7557-862e-d42919a60e52/52",
  "deckHref": "/decks/019de073-88c4-7557-862e-d42919a60e52",
  "deckJsonHref": "/decks/019de073-88c4-7557-862e-d42919a60e52.json",
  "deckAnchorHref": "/decks/019de073-88c4-7557-862e-d42919a60e52#slide-52",
  "components": [
    {
      "bbox": {
        "h": 0.02,
        "w": 0.3,
        "x": 0.64,
        "y": 0.04
      },
      "kind": "disclaimer",
      "text": "Confidential – Preliminary and Subject to Change",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "98fe27a9-4a96-443d-b9e1-2e2df34e5846",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.9,
        "x": 0.05,
        "y": 0.87
      },
      "kind": "source-note",
      "text": "Source: Bloomberg, FactSet, Public filings. 1. VWAP premiums paid are calculated by dividing the value of the offer...",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3cbb517a-96a4-4dcf-8114-ba80ef81bdc7",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.65,
        "w": 0.9,
        "x": 0.05,
        "y": 0.19
      },
      "kind": "table",
      "text": "Table of transaction premiums including Date, Acquiror/Target, Consideration, 1-Day Prior Spot, and 30-Day VWAP.",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "27406f93-c910-4916-a0e7-ee1e6a65a078",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.45,
        "x": 0.05,
        "y": 0.08
      },
      "kind": "title",
      "text": "Preliminary Valuation of SIRE Common Units",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "759f5269-a3ff-41aa-9068-f44ddd4ae43c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.2,
        "x": 0.05,
        "y": 0.13
      },
      "kind": "title",
      "text": "Premiums Paid Analysis",
      "attrs": null,
      "subkind": "subtitle",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8a34daf8-d090-4dfc-8736-3caacd59a48d",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Table data",
      "slug": "table-data",
      "agent": null,
      "layer": "slide",
      "matchId": "4ef9c5d9-2f25-4bce-83d7-8d011d38d5be",
      "evidence": "Table of transaction premiums including Date, Acquiror/Target, Consideration, 1-Day Prior Spot, and 30-Day VWAP.",
      "confidence": 0.6
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 56,
      "from": 41,
      "beatId": "f1a3f029-080e-47f1-8740-b3022557557b",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Impact & Next Steps",
      "beatSlug": "consultants-gambit-impact-next-steps",
      "evidence": "Preliminary valuation and conclusions",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Resolution",
      "parentBeatSlug": "resolution"
    }
  ],
  "loops": [
    {
      "to": 53,
      "from": 44,
      "name": "Hypothesis Test",
      "slug": "42-hypothesis-test",
      "bestFor": "Strategy validation, due diligence, research presentations",
      "matchId": "f0a40587-5142-46a0-b9fd-7567f794148f",
      "evidence": "Sensitivity analysis and peer benchmarking",
      "position": 1,
      "objective": "Validate preliminary valuation",
      "structure": "The Hypothesis -> Test 1 (Supports/Refutes) -> Test 2 (Supports/Refutes) -> Conclusion (Validated/Pivoted)",
      "confidence": 0.6,
      "description": "State a hypothesis upfront, then systematically prove or disprove it with evidence"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}