What to know about your live deals for recruiting

Pretty much as the title suggests - what should you know about your live deals to discuss during on cycle recruiting? I had always assumed you just need to be able to talk about the rationale from the buyer and seller’s perspective (why the transaction structure makes sense, any factors that influenced it, etc) and what was my role (e.g. I built the model, created the data room, performed X analysis). Is this the right way of thinking about it?

I felt pretty prepared until talking to a buddy of mine in PE who was calling out specific items (“make sure you know the depreciation amount”, etc) that I had no idea on. Do I need to memorize the general numbers of everything? I thought it would be more general terms than spitting out precise amounts of all the different line items.

Is anyone willing to write out an example of how they would discuss their deal in an interview?

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