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Private Equity

Lecture 9 - 10: LBO Model, EV to Equity and Exit

Comprehensive quiz covering LBO model construction, types of EBITDA, value creation strategies, the EV-to-Equity bridge, net debt and working capital adjustments, completion mechanisms (locked box vs. completion accounts), governance, and exit routes.

Question 44 of 52

Match each exit route to a characteristic described in the lecture.

Drag each statement into the correct group.

Sort every statement: place all cards into a group, then check your answer.

Statements

3

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Uncertain timing as it depends mainly on capital markets conditions; normally requires minimum size

Tends to be done faster with less failure in the M&A process

Most common exit strategy; the new buyer needs a solid investment thesis for future value creation

Strategic Sale

0

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Secondary Sale (other PE fund)

0

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IPO

0

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