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Deal Room

M&A / Investment Deals

About This Simulation

Deal Room teaches M&A and investment work through a continuous in-tray, not batched phase gates. Every active day (professor picks Mon-Fri or any weekday pattern), each team gets 1-5 events spanning the full deal lifecycle: sourcing pitches, diligence findings, valuation calls, negotiation moments, close mechanics, integration challenges, and portfolio updates. Some events are multiple-choice with explicit deltas to cash and the four pillars; others require a written response (DD plan, negotiation memo, LP note) that a senior PE/VC partner LLM grades on investment reasoning, discipline, and stakeholder awareness. Persistent fund state — AUM, dry powder, deals closed vs. walked — plus four equally-weighted pillars (Valuation Accuracy, Diligence Rigor, Negotiation, Returns) compound across the whole sim. Three investor archetypes reframe the entire event mix: Private Equity (control buyouts, leverage discipline), Venture Capital (concentration, signaling, pro-rata), Corporate Dev (strategic vs. financial rationale, synergy realism).

LMSCanvas + LTI 1.3 compatible platforms·SSO + one-click grade publishHow it works
Share this with your team— printable one-pager for a chair or procurement./for-your-team/deal-room

Learning Objectives

  • Apply DCF and comparable-multiple discipline without overpaying
  • Conduct structured commercial and financial diligence — find the issues before they find you
  • Negotiate price, structure, and key deal terms; know when to walk
  • Plan integration risk and underwrite synergies you can actually realize
  • Defend investment theses in writing to LPs and senior partners

Week-by-Week Overview

1

Days 1-5: orientation

Sourcing pitches and early diligence asks land in the inbox. Establish the deal cadence and who covers what across the team.

2

Days 6-10: diligence heat

Diligence findings, valuation debates, comparable-multiple discipline. Momentum meets reality; the walk-vs-push calls start.

3

Days 11-15: negotiation

Term sheets in motion. Price, structure, and walk-away discipline get tested. Senior partners want written memos.

4

Days 16-20: close + integration

Close mechanics and post-close integration pressure. Diligence gaps surface late; synergy realism gets tested against real people.

5

Days 21-25: portfolio + LP posture

Portfolio updates compound. LP-level returns are what people remember; your written reasoning gets read as a fund memo.

Ready to Play?

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