9 questions

LBO

How a buyout is financed, where the return comes from and what a sponsor can pay.

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Core 3

  1. 01 Walk me through an LBO. Frequently askedInternAnalyst
  2. 02 What makes a good LBO candidate? Frequently askedInternAnalyst
  3. 03 IRR vs money multiple: why look at both? Analyst Plus

Intermediate 4

  1. 01 Where does the return in an LBO come from? Frequently askedAnalyst
  2. 02 Why does leverage increase returns, and what limits how much debt you use? Analyst Plus
  3. 03 What is a dividend recap, and why do sponsors do it? Analyst Plus
  4. 04 Can a sponsor make money if it sells the company for the price it paid? Analyst Plus

Advanced 2

  1. 01 How do you size the debt in an LBO? Associate Plus
  2. 02 How would you use an LBO analysis in a sell-side process? AssociateVP & above Plus