Mini LBO Underwrite
You are underwriting a 5-year LBO for a private equity investment committee. Company (fictional): HarborTech Services (HTS) –…
HarborTech Services LBO - Underwriting Analysis Here's the simplified LBO analysis based on provided information. 1) Year-by-Year Projections (FY2026-FY2030) - $M Year Revenue EBITDA Cash Interest (TL) Cash Interest (Mezz) Cash Taxes Capex ΔNWC FCF After Debt Service Ending TL Ending Mezz 2026 $972 $138.6 $36.0 $18.9…Read the full answer
HarborTech Services (HTS) — LBO Underwriting Analysis ENTRY SUMMARY (End FY2025) Item Value FY2025 EBITDA $120.0m Purchase EV (12.0x) $1,440.0m Transaction Fees (2.0%) $28.8m Total Uses $1,468.8m Term Loan (4.0x) $480.0m Mezzanine (1.5x) $180.0m Total Debt $660.0m Equity Check $808.8m YEAR-BY-YEAR MODEL (FY2026–FY2030…Read the full answer