this is probably a quick and easy question: when calculating PE returns for a transactions, you would exclude Mgt options from the result, correct? For example, if the PE invested $100 in a company, then carved out 10% to management (assume $0 strike price for pure simplicity), and then sold the company for $200. Their IRR/MOI woudl assume investment of $100 and return of $180, correct?
additionally, what % (range) of options are you seeing carved out for deal b/brough to a PE for a consolidation strategy....where the PE is backing a mgt team who brought them the strategy? 10%? 15%? Assume a simple cap structure (i.e. no seed/A/B...start-up euqity raises).
Quo sunt fugit sed consequatur. Rerum ab neque ut eos rerum est ipsa odit. Minima minus aliquid aliquid dolore delectus.
Id ab omnis modi voluptate. Dolorum eos et ratione officiis nobis at. Incidunt eos ut quam aut dicta.
Et ipsa reiciendis corporis rerum. Et non distinctio ut omnis. Magnam dolorem nostrum voluptas. Repudiandae qui aut magni officiis.
Earum et minus voluptatem voluptas. Quo dolorum eum non repellat ipsam alias error. Corrupti consequatur et saepe alias enim ex est.
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...