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Advanced LBO Modeling

Introducing a buy-out with a detailed multi-tranche financing structure. The transaction happens mid-year, necessitating a stub period. A fully integrated buyout model for the stub period and forecast years is completed with a detailed debt sheet.

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33 Lessons (120m)

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  • 1. Basic LBO Primer

    01:59
  • 2. Advanced LBO Model Tour

    03:01
  • 3. Flexible Deal Date - Why Do We Need A Stub Period

    04:01
  • 4. Deal Date Income Statement

    04:06
  • 5. Deal Date Balance Sheet

    02:49
  • 6. Deal Date Cash Flow Statement

    03:54
  • 7. Sources And Uses Of Funds

    03:05
  • 8. Immediately Post Deal Balance Sheet

    05:13
  • 9. Stub Period - Income Statement

    04:13
  • 10. Stub Period - Balance Sheet

    03:25
  • 11. Stub Period - Cash Flow Statement

    05:23
  • 12. Forecast - Income Statement

    03:30
  • 13. Forecast - Balance Sheet

    02:39
  • 14. Forecast - Cash Flow Statement

    04:53
  • 15. Debt Schedule and Sweep Explained

    01:37
  • 16. Debt Schedule Tour

    02:57
  • 17. Debt - Cash Flow Available For Debt Service

    04:59
  • 18. Debt - Revolver And Refinancing Facility

    03:36
  • 19. Debt - Cash For Sweep

    06:09
  • 20. Debt - Term Loan B, Second Lien, High Yield

    03:52
  • 21. What Is A Capex Facility

    01:16
  • 22. Debt - Mezzanine, Capex Facility

    03:47
  • 23. What Is An Original Issuer Discount

    02:30
  • 24. Debt - Original Issuer Discount

    02:33
  • 25. Debt - Ending Cash Checks

    04:30
  • 26. Putting Debt Into Balance Sheet

    03:21
  • 27. Interest - Revolver, Refin, Term Loan B

    04:49
  • 28. Interest - Second Lien, High Yield, Mezzanine

    03:23
  • 29. Interest - Capex Facility, Interest Income

    04:28
  • 30. Interest - Circular Interest in Income Statement

    05:30
  • 31. Debt - Refinancing Facility In Use

    02:39
  • 32. IRR

    06:24
  • 33. Advanced LBO Modeling Tryout


Prev: LBO Modeling Complexities Next: Carried Interest and Promotion Modeling

Basic LBO Primer

  • Notes
  • Questions
  • 01:59

An LBO basics primer asking what we are looking for in an LBO model

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Glossary

buy-out buyout LBO Leveraged Buy Out PE Private Equity
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Introduction to Finance Accounting Financial Modeling Valuation M&A and Divestitures Private Equity
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