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% = $28.8m Total…Read the full answer
1. Year-by-Year Financial Projections (FY2026–FY2030) Year Revenue ($m) EBITDA ($m) EBITDA Margin Cash Interest ($m) Cash Taxes ($m) Capex ($m) ΔNWC ($m) Free Cash Flow ($m) Term Loan Ending ($m) Mezz Ending ($m) 2026 972.0 136.1 14.0% 57.6 19.6 29.2 4.4 25.3 468.0 198.0 2027 1,039.4 155.9 15.0% 55.3 25.2 31.2 4.6 39.8…Read the full answer