Solutions / Investment Banking

A new threshold of speed, trust, and precision.

From the pitch to the close, the agent builds pitchbooks, comps, and CIMs in your house style, and every figure on the page opens to its source.

Book a demo See the board materials

Project Sable — Sale of Calder Precision Components

3 workflows·ACTIVE·sable-4a19@deals.arcalabs.ai

Add workflow

Workbench Deal Log Editor Explorer

Comps refresh & EV bridge

Build the EV bridge from the Nordhaus offer to implied EV / LTM EBITDA.

Used 4 tools · 13s Thinking…

Search files · Calder_CIP_v4.pdf1.6s

FactSet · Precision comps (11)2.4s

Read file · Calder_QofE_Databook.xlsx3.2s

Write file · Calder_EV_Bridge.xlsx5.8s

Bridge built. The $612M offer for the equity plus $148M net debt and $52M of pension and lease adjustments implies $812M enterprise value — 9.4x LTM adjusted EBITDA of $86.4M. Saved as Calder_EV_Bridge.xlsx, sourced to the QofE databook and FactSet.

Calder_EV_Bridge.xlsx

Excel · 38 KB

Reply to add a follow-up that sends when this finishes

Calder_QofE_Databook.xlsx Excel

Calder_EV_Bridge.xlsxv1

Project Sable · Valuation

Offer to Implied Enterprise Value

Nordhaus offer to implied EV / LTM adjusted EBITDA · $ in millions

$612Offer equity

+$148Net debt

+$52Pension, leases

$812Enterprise

Every figure traced to its source · Adjusted EBITDA per the deal's Definitions

BridgeInputsSources

Files

01 — CIP and teaser

Calder_CIP_v4.pdf

02 — Valuation

Calder_QofE_Databook.xlsxv4

Calder_EV_Bridge.xlsxv1

Board_Materials_v6.pptxv6

Definitions

Adjusted EBITDA

SBC Treatment

NWC Definition

Emails3

Nordhaus diligence list

Management presentation dates

Workflows2

Calder comps refreshDaily

Bidder trackerWeekly

Every figure traced to the source Source: FactSet · pulled 08:40 ET

From kickoff to signing, the agent works the deal in one window.

The challenge

The deliverable has your name on it.

A comps refresh spans your licensed market data, Excel, PowerPoint, your drive, and your inbox, and one broken link the night before the meeting is a credibility event. ArcaLabs collapses those tools into one surface and keeps the work defensible at sign-off.

Todayone comps refresh

You SharePoint FactSet Excel PowerPoint Word Outlook Drive OneDrive copy export paste re-key broken link attach version? export

One surface absorbs the rest.

ArcaLabsworkspace

Project Sable

Calder_Trading_Comps_v4.xlsx

v4Excel · 18 citations

Every figure traced to its source

The number is questioned

Every number opens to its source.

Click the flag on any cited cell and the source opens in app, scrolled to the exact figure in the 10-Q, the CIM, or the FactSet record. Step through the tagged range and mark each one reviewed.

Gross margin held at 34.2% on revenue of $4,812.0M1 citation for the year.

Calder operating model.xlsx Income Statement!B8 4,812.0

Audit · Precision Castparts 10-K (FY26) Income Statement · B8 · Revenue 1 of 9 SEC.gov

Citations (9) 54 reviewed

B8 · Revenue$4,812.0M10-K for FY26
C8 · Cost of revenue$3,166.0M10-K for FY26
B22 · Adj. EBITDA margin20.8%CIM p. 34 · Adj. EBITDA bridge
B9 · Operating expenses$1,020.0M10-K for FY26
B14 · Gross profit$1,646.0M10-K for FY26
F30 · Net debt$1,240.0M10-K for FY25

Value $4,812.0M Mark reviewedReviewed

Opened to the exhibit — $4,812.0M is the Revenue line for the March 31, 2026 column, read off the statement, not the commentary.

PRECISION CASTPARTS PLC

FORM 10-K — FISCAL YEAR ENDED 31 MARCH 2026

Item 8. Financial Statements and Supplementary Data

Consolidated Statements of Income3 Consolidated Balance Sheets4 Consolidated Statements of Cash Flows5 Notes to the Financial Statements6

Consolidated Statements of Income

(In millions)

	Year Ended
	March 31, 2026	March 31, 2025
Revenue	4,812	4,440
Cost of revenue	3,166	2,970
Gross profit	1,646	1,470
Operating expenses	1,020	962
Operating income	626	508

See accompanying notes to the financial statements.

10-K for FY26$4,812.0M Prev Next Finish audit

The bidder replies

A deal log that keeps itself.

Every email, meeting, and agent action lands in a live, exportable deal log, so the record is compliance-ready without a second job. When a counterparty writes in, the agent drafts a reply for you to approve and send.

Deal Log

Live compliance record · 36 entries · 2 to review · Last synced 4m ago

Add note Paste email Sync Export log

Waiting on your reply · 1

Review the message, edit the reply, then send — or reject to discard.

Project Sable — Calder Precision Components drafted 6m agojust now

In reply to Anneke Roos

Re: Project Sable — QofE follow-ups: run-rate savings

Two items before the Thursday session: restate the run-rate savings on the add-back definition we agreed, and confirm the pension curtailment in schedule 6 — our bridge nets differently.

18m agojust now

Show original message

Your reply

Drafted reply · awaiting your approval from analyst@arcalabs.com

Toanneke.roos@nordhaus.com

Ccdeal-team@arcalabs.com

SubjectRe: Project Sable — QofE follow-ups: run-rate savings

Anneke — run-rate savings are restated on the add-back definition in the deal's Definitions tab: the Q2 line rationalisation held, the one-off tooling credit excluded.

The schedule 6 pension items net to $3.4m, not $4.1m — the difference is the pension curtailment that lands in FY26; schedule 6 walks it.

Reject Approve & send

Project Sable — QofE follow-ups: run-rate savings 4 messages Jul 31, 2026, 4:12 PM – Aug 1, 2026, 11:20 AM

Email sent· Jul 31, 2026, 4:12 PM gmail

Project Sable — QofE follow-ups: run-rate savings

Sent the QofE request list and the adjusted EBITDA bridge template to Calder.

Email received· Aug 1, 2026, 8:42 AM reviewed gmail

Re: Project Sable — QofE follow-ups: run-rate savings

Returns the adjusted EBITDA bridge and asks two questions on the pension schedule.

Email sent· Aug 1, 2026, 8:45 AM gmail

Re: Project Sable — QofE follow-ups: run-rate savings

Approved and sent from the deal log — restated run-rate savings and the schedule 6 walk.

Email received· Aug 1, 2026, 11:20 AM gmail

Re: Project Sable — QofE follow-ups: run-rate savings

Accepts the restatement and asks for the pension-curtailment support.

Meeting· Jul 31, 2026, 11:00 AM manual

Management session — plant footprint and tooling capex

Walked the adjusted EBITDA bridge with Calder's CFO. Open: tooling credit treatment, pension curtailment.

Agent action· Jul 31, 2026, 9:26 AM agent

Rebuilt the adjusted EBITDA bridge from the June trial balance

sable_ebitda_bridge.xlsx · every line traced back to the trial balance it came from.

Teams message· Jul 30, 2026, 5:41 PM teams

Project Sable — diligence channel

Legal confirmed the pension schedule can be shared under the existing NDA.

Note· Jul 30, 2026, 2:15 PM manual

Call with Calder's CFO

Tooling credit is non-recurring; support to follow with the trial balance.

Status change· Jul 29, 2026, 4:30 PM manual

Stage moved to confirmatory diligence

Exclusivity signed with Nordhaus; diligence request list issued to Calder.

Document· Jul 29, 2026, 11:48 AM manual

Calder Precision Components — June trial balance (final)

Registered as a deal file; supersedes the June 20 draft.

Outside the mandate

Precedents and comps, fully sourced.

Ask once and pull from across the firm: every deal's files, your connected drives, and market data, FactSet by default. Comps, fundamentals, consensus estimates, and the M&A precedent database come back as a cited answer, and the search respects sealed folders and information barriers.

Chats New

Add-back treatment across live mandates
Precision components precedents, 2024–2026
Find the most recent CIP globally
Comp set multiples as of 31-Jul
Weekly comps refresh workflow
Precedent multiples, industrial carve-outs
Which mandates reference the Calder comp set?
Calder data room — new this week
Draft a creds page I can adapt
Where did we land on SBC Treatment?

Add-back treatment across live mandates Global · Connectors · FactSet · Creates workflows

Where else have we used this add-back treatment, and what did comparable precision-components deals close at?

Used 6 tools · 19s Running Web search · “precision components M&A multiples” Running FactSet · fundamentals · precision comps Running FactSet M&A · public_targets · Complete Running Search connector · datasite · “Calder” Running Search files · “run-rate savings” Running Find deals · “precision components” Thinking…

1. Find deals “precision components” 380ms

Result

6 mandates
2. Search files “run-rate savings” 1.1s
3. Search connector datasite · “Calder” 2.6s
4. FactSet M&A public_targets · Complete 6.1s
5. FactSet fundamentals · precision comps 4.9s
6. Web search “precision components M&A multiples” 3.9s

Two of the six mandates you are cleared on treat run-rate savings the same way Sable does, both against the same Definitions entry. Across 11 comparable closed transactions FactSet Mergerstat puts the median at 9.1x LTM EBITDA. Sable at $812M enterprise value implies 9.4x — 0.3x above the set.

Ask anything across your deals, drives, and FactSet Working…

Attach

Step 1 resolves the mandates you are cleared on — six here. Every step after it reads inside that set and nowhere else.

The deck comes back marked up

Pitchbooks and models in your house style.

Real PowerPoint, Excel, and Word, not a static export. The agent works from your golden-copy templates, so the pitchbook, comps set, and CIM come out on brand with every figure still traced to source.

Board_Materials_v6.pptx Board_Materials_v7.pptx v6 v7

Project Sable · Board materials Nordhaus' offer implies 9.4x LTM Adjusted EBITDA — a 0.3x premium to the precedent median

Enterprise value $812.0M

LTM EBITDA LTM Adjusted EBITDAAdjusted EBITDA $86.4M 1

Implied EV / LTM Adj. EBITDA Precedent median 9.1x · 11 transactions+0.3x 9.4x 2

Preliminary and confidential · For discussion purposes only · Project Sable

Adjusted EBITDA per the deal's Definitions · FactSet pulled 08:40 ETSourced 3

Slide 14 of 24 3 open 3 resolved 142%

1RK Restate this on the Definitions entry — it should read Adjusted EBITDA.

2RK Put the multiple against the precedent set before the board sees it.

3RK Footnote the source and the pull time.

The three comments come back applied to the deck itself — the file versions up in place, nothing re-keyed.

Trust & security

Built for the way banks buy software.

Compliance-first, sourced and audited end to end, and hosted on ArcaLabs' secure cloud, with single-tenant VPC deployment available on request. We have shipped production systems into banks before, so we know what your ops, infosec, and procurement teams will ask.

Official FactSet Partner

Live, licensed, direct data access, not a reseller, not a crawled snapshot. FactSet is our default, certified data source; the platform is provider-agnostic and sources from other trusted providers however your firm prefers.
Built for regulated firms

SOC 2 Type II, hosted on ArcaLabs' secure cloud, with single-tenant VPC deployment available on request and a full audit trail on every prompt and output.
Information barriers respected

Sealed deal folders and ethical walls stay enforced. The agent and firm-wide search only reach what each user is cleared to see.

Schedule a Call

Connects to the systems your firm already uses

See the whole desk on one surface.

Book a demo and we will run a live workflow on your own mandate: a comps refresh, a fairness-opinion exhibit, or a management presentation, built on live, licensed market data, FactSet by default, in your house style, with every figure traced to source, end to end without leaving the screen.

Book a demo