Mini LBO Underwrite
You are underwriting a 5-year LBO for a private equity investment committee. Company (fictional): HarborTech Services (HTS) –…
I'll build this LBO model. Let me run a panel analysis to cross-check the calculations before presenting.# HarborTech Services (HTS) — 5-Year LBO Underwriting Modeling Conventions Cash/debt-free deal at close (end-FY2025); model runs FY2026–FY2030. Term Loan interest = 9.0% on beginning-of-year balance.Read the full answer
518.51935 New TL: 276.34682 - 86.82747 = 189.51935 Mezz: PIK 194.8377888 * 0.02 = 3.896755776 New Mezz: 194.8377888 + 3.896755776 = 198.734544576 Ending Balances: TL: 189.52 Mezz: 198.73 Total Debt: 388.25 Exit (End of FY2030): Exit EBITDA: 206.6252668 Exit Multiple: 10.5x Exit EV: 206.6252668 * 10.5 = 2,169.5653014…Read the full answer