Distressed PE models/interviewsO
Tried posting this earlier but I think I f'd it up.
Wondering if anyone has any experience in the realm of distressed PE / distressed PE interviews. To prep I'm working up case studies on a few firms with full situation overview, cap structure, valuation, and 3-statement/LBO and now I'd like to get the next layer of complexity.
I know this varies a lot deal by deal but I'm wondering what some of the more common layers are, i.e. what are some of the more common buyout deal variations. I'm coming from a restructuring/bkruptcy background so I'm not as familiar with what goes on in PE firms.
I'm imagining in my head a scenario where the guy says "Ok, now imagine you throw a 26 pound cat into the company's SAP system and the whole damn thing melts down - walk me through the impact on each of the 3 statements."
Or some shit like that. Not really sure what to expect.
PS: Answer: All numbers go to #REF!