Goldman Sachs

Tl;dr: 5 examples of presentations prepared by Goldman Sachs for their clients in real transactions. Learn how investment bankers do their job by seeing real examples of the PowerPoints they create.

Goldman Sachs Investment Banking Presentation Examples

Here are 3 presentations to check out.

Hit the button that looks like a box to open it up full screen for your viewing pleasure!

Craft Brew Alliance, Inc.

About

Craft Brew Alliance, Inc. (CBA) is a prominent craft brewing company based in Portland, Oregon. Founded in 1981, the company engages in brewing, branding, and marketing craft beers and beverages. Its portfolio includes several well-known brands such as Kona Brewing, Appalachian Mountain Brewery, Cisco Brewers, Omission Brewing, Redhook Brewery, Square Mile Cider, Widmer Brothers Brewing, and Wynwood Brewing.

CBA operates breweries and brewpubs across the United States, with its products available in all 50 states and 30 countries globally. The company’s operations were significantly impacted by its strategic partnership and subsequent acquisition by Anheuser-Busch InBev (AB InBev). This acquisition, completed in September 2020, aimed to streamline operations and enhance market reach by integrating CBA’s brands into Anheuser-Busch’s extensive distribution network.

The company has undergone various strategic moves to adapt to market demands and regulatory requirements, including the sale of its Kona Brewing operations in Hawaii to PV Brewing Partners. This move facilitated the merger with Anheuser-Busch by addressing regulatory concerns.

CBA’s approach focuses on leveraging the unique identity and appeal of each of its brands while expanding its market presence through effective distribution and marketing strategies. The company continues to innovate within the craft brewing industry, maintaining its commitment to quality and brand integrity under the ownership of Anheuser-Busch.

Deck

Antero Midstream Partners LP

About

Antero Midstream Partners LP, now operating under Antero Midstream Corporation, is a leading midstream energy infrastructure company based in Denver, Colorado. The company specializes in the gathering, compression, and transportation of natural gas and natural gas liquids (NGLs) from the Marcellus and Utica Shales in the Appalachian Basin, primarily serving its parent company, Antero Resources.

Antero Midstream provides integrated services that include natural gas gathering, compression, water handling, and treatment services. The company operates extensive midstream assets, including high-pressure gas gathering pipelines and compressor stations, which support the efficient transportation of natural gas from production sites to processing facilities and end markets.
Antero Midstream is committed to providing sustainable energy solutions and continues to invest in infrastructure that supports clean and affordable energy delivery, aiming to create long-term value for its stakeholders.

Deck

International Speedway Corp

About

International Speedway Corporation (ISC), founded in 1953, is a leading promoter of motorsports activities in the United States. Headquartered in Daytona Beach, Florida, ISC owns and operates 13 major motorsports entertainment facilities, including iconic tracks like Daytona International Speedway, Talladega Superspeedway, and Homestead-Miami Speedway. These tracks collectively host numerous high-profile events annually, including NASCAR races, IndyCar Series races, and other motorsports-related activities.

In 2019, ISC merged with NASCAR in a deal valued at approximately $2 billion. This merger was aimed at consolidating control over key racetracks, enabling NASCAR to make strategic changes to the racing schedule and improve the overall fan experience. The merger allowed NASCAR to operate ISC’s tracks privately, eliminating the need for public financial disclosures and streamlining operations to better address the challenges facing the motorsports industry.

ISC’s history is deeply intertwined with NASCAR, having been founded by NASCAR’s founder Bill France Sr. The company has played a pivotal role in the development and promotion of motorsports in America, hosting some of the most prestigious events in racing history.

Deck

GGP Inc.

About

GGP Inc., originally known as General Growth Properties, was a leading real estate investment trust (REIT) focused on owning, managing, leasing, and redeveloping high-quality retail properties throughout the United States. In 2018, GGP was acquired by Brookfield Property Partners and became part of Brookfield’s retail property operations. The company, which was headquartered in Chicago, Illinois, was known for its significant portfolio of shopping malls and retail centers across the country, making it one of the largest retail real estate companies in the U.S. The acquisition marked Brookfield’s strategic investment to expand its retail property holdings and leverage GGP’s extensive market presence.

Deck

Asiainfo-Linkage, Inc

About

AsiaInfo-Linkage, Inc., founded in 1993 and headquartered in Beijing, is a leading provider of software and IT services primarily for the telecommunications industry. The company offers business support systems (BSS), operations support systems (OSS), and business intelligence (BI) systems. AsiaInfo’s solutions help telecom operators enhance customer experience, optimize monetization, and manage network operations efficiently.

AsiaInfo-Linkage has a significant market share in China and has been expanding globally. The company is listed on the Hong Kong Stock Exchange under the ticker 01675.HK​.

Deck

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Only get the “Pro” version if you are serious about learning about M&A decks (VP to MD).

About Goldman Sachs

About Goldman Sachs (Investment Banking M&A – Early 2025)

Goldman Sachs stands as arguably the preeminent global investment banking franchise, with its M&A advisory practice consistently recognized as a world leader. As of early 2025, the firm provides elite-level strategic advice to an unparalleled client base comprising the largest multinational corporations, leading financial sponsors, governments, and institutions globally.

Renowned for its deep intellectual capital, extensive global network, influential relationships, and execution prowess, Goldman Sachs excels in advising on the most complex, large-scale, and transformative M&A transactions. This includes leading roles in cross-border mergers, hostile defense situations, shareholder activism defense, and spin-offs.

M&A advisory is a cornerstone of its Global Banking & Markets division, operating with deep specialization across virtually all industry sectors, particularly notable in Technology, Healthcare, Financial Institutions, Consumer/Retail, and Industrials.

Rankings (2024 & Early 2025)

Goldman Sachs perennially occupies the very top of global M&A league tables, typically battling for the number one position.

• Global: For the full year 2024, Goldman Sachs consistently ranked #1 or #2 globally by announced M&A deal value, according to major league table providers (LSEG, Bloomberg, Dealogic), in close competition with rivals like JPMorgan and Morgan Stanley.
• USA: The firm maintained its dominant position in the critical US market, consistently ranking #1 or #2 for US M&A advisory throughout 2024.
• Europe: Goldman Sachs holds a premier European M&A franchise, typically ranking within the Top 3 advisors in the region during 2024.
• Asia Pacific: Possesses a leading M&A practice in Asia Pacific, routinely ranking within the Top 3.

Early indications for 2025 show Goldman Sachs continuing its dominant market position, securing mandates on significant transactions as global dealmaking activity progresses.

Key Changes (2024 & Early 2025)

• Leadership Consistency: David Solomon continued as Chairman and CEO, providing overarching strategic direction. Within the Global Banking & Markets division housing M&A, key leadership roles overseeing investment banking and advisory generally maintained continuity during 2024, ensuring stability within the core M&A franchise, although internal promotions and adjustments are standard practice.
• Reinforced ‘One Goldman Sachs’ Strategy: Continued emphasis throughout 2024 on the “One Goldman Sachs” approach, focusing on delivering the firm’s full capabilities (advisory, financing, hedging, wealth management) seamlessly to clients. Within M&A, this means leveraging the firm’s extensive network and financing capabilities alongside strategic advice.
• Continued Investment in Key Sectors: Ongoing focus on maintaining leadership in high-growth sectors like Technology and Healthcare, while also investing resources in areas such as Energy Transition / Sustainability advisory, reflecting evolving client needs.
• Organizational Structure: Operated within the divisional structure established previously (Global Banking & Markets, Asset & Wealth Management, Platform Solutions), with M&A firmly anchored in Global Banking & Markets. No major M&A-specific structural changes were announced during this period.
• Organic Growth & Talent: Goldman Sachs’ primary growth driver in M&A remained organic, focusing on market share gains, deepening client relationships, and attracting/retaining top-tier banking talent, rather than large-scale acquisitions of advisory boutiques.
• Adapting to Market: Successfully navigated the shifting M&A landscape of 2024, advising clients through persistent macroeconomic uncertainty and positioning itself to lead transactions as market confidence gradually returned.

FT Rankings

About the Investment Banking Decks here

Investment banking presentations are rarely if ever, made public. When I was junior in M&A, it would have been so helpful to have access to see how banking decks were made and how other banks made them.

The issue is that they are never made available, so I set out to help you.

What you will find here

You will find 2-4 real M&A decks from one bank. They are in a fancy form of PDF you can open and go through (best on your computer). If you want to see more, there are options to purchase more access (which funds a little team of analysts to make updates).

If you want to see more, this is part of a collection of 67 free M&A presentations from the top 20 banks (based on ranking and also the quality of presentation for you to learn from).

Why the heck should you care?

Investment banks attracted the best and the brightest.

• Slide structure/design: Learn how complicated concepts are structured and designed in PowerPoint
• Analysis approach: See exactly how complex financial methods are presented
• Strategy and communication: M&A deals are not (normally, other than many Duff and Phelps decks) cookie-cutter. There’s a host of topics that need to be dealt with
• Morbid interest: I used to do this for a living, but it’s still interesting to see how PPT are made… but then maybe it’s just me and so FML 😉

Who this will help

• You want to work in banking: There are a lot of applicants. Knowing the job helps you answer questions
• You work in banking: Even if you’re an MD, you need to know how the best are structuring their thoughts/analysis
• You write presentations: You can’t buy learnings like this. You can learn from the slides
• You have a curious mind: Good for you

Want more IBD decks?

There are resources for you to purchase if they are helpful to you.

• I recommend “Premium” for anyone serious about learning slide structures.
• Get the “Pro” version if you are serious about learning about M&A decks (VP to MD).