Mini LBO Underwrite
You are underwriting a 5-year LBO for a private equity investment committee. Company (fictional): HarborTech Services (HTS) –…
This underwriting analysis is based solely on the provided information for HarborTech Services (HTS). Entry & Transaction Summary (FY2025) Entry Metrics: FY2025 Revenue: $\$900.0 \text{m}$ FY2025 EBITDA: $\$120.0 \text{m}$ Purchase Price (EV): $12.0 \times \$120.0\text{m} = \$1,440.0\text{m}$ Sources & Uses (Debt…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