Mini LBO Underwrite
You are underwriting a 5-year LBO for a private equity investment committee. Company (fictional): HarborTech Services (HTS) –…
Okay, here's the simplified LBO model and analysis for HarborTech Services, based solely on the provided information. 1. Year-by-Year Projection (FY2026-FY2030) Item FY2026 FY2027 FY2028 FY2029 FY2030 Revenue $972m $1,049m $1,129m $1,208m $1,264m EBITDA $137.2m $155.9m $178.7m $195.1m $213.1m Cash Interest (Term Loan)…Read the full answer
1 – Year‑by‑Year Operating / Debt Table (FY2026‑FY2030) FY Rev ($m) EBITDA ($m) Cash interest – TL ($m) Cash interest – Mezz ($m) Total cash interest ($m) Cash tax 25 % of (EBITDA‑interest) ($m) Capex ($m) ΔNWC ($m) Cash after all charges ($m) Required TL amort ($m) Optional TL pay‑down ($m) Ending TL ($m) Ending Mezz…Read the full answer