Two Langdale Center for Forest Business students, as well as their teammates from the UGA School of Law and the UGA MBA program took home the first place prize in the annual Association for Corporate Growth ACG Cup competition on March 30th, 2018. Held annually in Atlanta, this year’s competition pitted teams from UGA against each other in a real-world case study competition as part of the Valuation course in the Terry College of Business, taught by the Center for Forest Business’s own, Dr. Richard Bin Mei. Each team receives information regarding the financials and potential courses of action for a fictitious firm that is exploring strategic alternatives. Teams are tasked with evaluating the value of each potential alternative using a series of valuation methods, including Comparable Companies Analysis (CCA), Precedent Transaction Analysis (PTA), Discounted Cash Flow analysis (DCF), and Leveraged Buyout analysis (LBO). Each team then makes a presentation to a mock board of directors and gives their recommendations for the firm, as well as any potential alternatives the board should explore. The mock board serves as the judges for the competition, and is composed of professionals from investment banking, private equity, and corporate finance roles.
Pictured from left to right: Wengxing Tang (UGA MBA), Carli Gish, (UGA Law), Alexander Barfield (Langdale CFB), Bradley Carr (Langdale CFB)