Cinven Mock Case Study – Off-Cycle 6-Month Internship

At a glance

Pitchcott Medical plc is a listed UK maker of single-use medical devices, and the Fund's deal team meets its management tomorrow. You have 45 minutes to turn a raw data file into a one-page PowerPoint profile: what the company does, how its shares have traded over the last twelve months, its key financials, and what it is worth at today's share price and at a 40% premium. The case tests speed and accuracy with simple market data, and whether you can lay out a clean, readable page under time pressure.

The brief

You are an intern on the Fund's deal team. A member of the team sends you this request:

Thank you for agreeing to help out on Pitchcott Medical. As discussed, we need a quick one-page profile of the company in PowerPoint to get the team up to speed before we meet the management team tomorrow. Please start from a clean slide and cover the company overview, its share price over the last twelve months, the key historical and forecast financials, and its valuation at the current share price and at a 40% premium. After 45 minutes, please send me and the interviewer your one-page profile and the Excel file with your calculations.

You receive a data pack in Excel (five years of daily closing share prices and volumes, a small table of historical and forecast financials, share data and the revenue mix) and the company description below, which takes the place of the annual report the candidate is handed on paper. The team has also sketched the layout it likes (see Format and rules).