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Private Equity

Lecture 7 - 8: Valuation, LBO Model, Exit

Quiz covering LBO structure and lender protection, financial covenants, the maximum leverage exercise, dividend recaps, valuation methodologies and multiples, the LBO model build and returns breakdown, and exit routes.

Question 22 of 56

In the EV-to-equity-value bridge, which adjustments are made on the pricing balance sheet?

Pick one: press 1-4 on your keyboard or click an option.
A

Revenue growth and EBITDA margin

B

Net debt only, with no further adjustments

C

Net debt, net-debt-like items, and net working capital adjustments

D

Only the exit multiple and entry multiple