Mini LBO Underwrite
You are underwriting a 5-year LBO for a private equity investment committee. Company (fictional): HarborTech Services (HTS) –…
HarborTech Services – LBO Underwriting Memo SOURCES & USES Uses: Item Amount Enterprise Value (12.0x × $120m) $1,440.0m Transaction Fees (2.0% × $1,440m) $28.8m Total Uses $1,468.8m Sources: Item Multiple Amount Term Loan (4.0x) 4.0x $480.0m Mezzanine (1.5x) 1.5x $180.0m Total Debt 5.5x $660.0m Equity $808.8m Total…Read the full answer
Here is the underwriting analysis and LBO model for HarborTech Services (HTS). FY2026–FY2030 LBO Model Table ($ millions) Metric FY2026 FY2027 FY2028 FY2029 FY2030 Revenue $972.00 $1,040.04 $1,102.44 $1,157.56 $1,215.44 YoY Growth % 8.0% 7.0% 6.0% 5.0% 5.0% EBITDA $136.08 $156.01 $176.39 $191.00 $206.62 EBITDA Margin %…Read the full answer