Hi PrepLounge community,
I have an interviewer-led case interview coming up with a PE firm. The guidance I was given was that it is likely to a turnaround / restructuring case for a company in distress, involving a P&L statement or balance sheet. Can anyone recommend some cases like this for me to practice?
Hi there,
Here's some helpful reading: https://www.preplounge.com/en/case-interview-basics/business-concept-library/common-terms-of-business/balance-sheet
Here are some fantastic prior Q&A: https://www.preplounge.com/en/consulting-forum/how-to-structure-liquidity-turnaround-question-8708
https://www.preplounge.com/en/consulting-forum/turnarounds-why-is-access-to-capital-important-8796
https://www.preplounge.com/en/consulting-forum/case-selling-a-division-of-a-company-9275
Hi,
I interviewed for the value creation team of one of the largest global PE shops. It wasn't a turnaround focused case but there was also P&L analysis.
Happy to share a couple of tips on how to approach interview questions like that - just drop me a dm!
(edited)
Hi there!
Lots of great answers below already.
Don't assume though that this is exactly the case that you should be practising for.
It could be anything.
Sharing with you a few cases based on recent real MBB interviews. They contain detailed interviewer notes so they should come in handy:
Best,
Cristian
