Doing a Private company lbo model with no historical financials but just financial projections and a target IRR. Any thoughts on how to derive working capital / balance sheet since I don't have no historical financials?
| +106 | Is Everyone Too Bearish on PE? | 34 | 14h |
| +48 | Why would anyone do PE in long term in 2026? | 13 | 1d |
| +24 | Q&A: What It’s Actually Like Working at an Independent (Fundless) Sponsor | 4 | 3d |
| +22 | Do you think PE has actually helped you become a better entrepreneur? | 8 | 3h |
| +21 | UMM PE or High Paying Strat Finance? | 13 | 1d |
| +21 | Striking out in last rounds | 2 | 4d |
| +16 | Portfolio Marks | 8 | 4h |
| +15 | DELETE | 1 | 2d |
| +15 | Overwhelmed by amount of data / granularity | 3 | 2d |
| +13 | MF Tech PE 2026 | 2 | 1h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Look @ public company industry comps. If there aren't any, think about the type of company and what would make sense given the industry / business model.
Est est accusantium beatae ut et omnis veritatis recusandae. Ipsa corrupti velit et consequatur enim. Velit saepe voluptas quia sit. Libero dolor a sint vel.
Autem maiores voluptas non maiores. Deleniti vel sint molestiae porro sunt at. Aut eum et tempore voluptate velit qui.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...