Mini LBO Underwrite
You are underwriting a 5-year LBO for a private equity investment committee. Company (fictional): HarborTech Services (HTS) –…
Here is the underwriting analysis for HarborTech Services (HTS). Transaction Summary & Sources & Uses Enterprise Value (EV): $120.0\text{m} \times 12.0\text{x} = \$1,440.0\text{m}$ Transaction Fees: $2.0\% \times \$1,440.0\text{m} = \$28.8\text{m}$ Total Uses: $\$1,440.0\text{m} + \$28.8\text{m} = \$1,468.8\text{m}$…Read the full answer
HarborTech Services LBO Underwriting Task 1: Year-by-Year Financial Projections FY Revenue EBITDA TL Interest Mezz Interest Total Interest Taxable Income Cash Taxes Capex ΔNWC FCF After Debt Service End TL End Mezz Total Debt 2026 972 136.1 39.6 14.4 54.0 82.1 20.5 29.2 3.6 48.8 396.0 183.7 579.7 2027 1,039 155.9 35.6…Read the full answer