Mini LBO Underwrite
You are underwriting a 5-year LBO for a private equity investment committee. Company (fictional): HarborTech Services (HTS) –…
Of course. Here is the requested LBO underwriting summary for HarborTech Services. 1. Simplified LBO Model (FY2026–FY2030) First, let's establish the entry calculations based on FY2025 figures: FY2025 EBITDA: $120m Entry Enterprise Value (EV): $120m * 12.0x = $1,440m Transaction Fees: $1,440m * 2.0% = $28.8m Total…Read the full answer
Financial Projections (FY2026–FY2030) Initial Setup (End of FY2025): EV: $120m * 12.0x = $1,440m Fees: $1,440m * 2.0% = $28.8m Term Loan (4.0x): $480m Mezzanine (1.5x): $180m Equity: $1,440m + $28.8m - $480m - $180m = $808.8m Metric ($m) FY2026 FY2027 FY2028 FY2029 FY2030 Revenue 972.0 1,040.0 1,102.4 1,157.5 1,215.4…Read the full answer