Question

When performing a precedent transaction analysis, in what scenario would information be found in an S-4 if the target was private in an LBO?

Answer 1

In an LBO scenario where the target is private, information can be found in an S-4 filing if the target has filed it in connection with a previous transaction.

Step-by-step explanation:

When performing a precedent transaction analysis in an LBO scenario where the target is private, information can be found in an S-4 filing if the target has filed it in connection with a previous transaction.

Although S-4 filings are typically used for mergers and acquisitions involving publicly traded companies, private companies may still file an S-4 if they plan to go public.

For example, if a private target company had previously attempted to go public but the IPO was eventually withdrawn or terminated, it may have filed an S-4 containing information about the transaction.

This information can provide valuable insights for conducting a precedent transaction analysis, even in the context of an LBO.