Modeling Test for Growth Equity / Sub-debt Family Office

Hello!

I’ve had a few rounds of interviews with a family office that focuses on a niche consumer group and prides itself on providing flexible capital solutions vs. standard buyouts with a good amount of leverage. HR called and would like me to take a modeling test and they are allocating 6 hours to it so I figure it will not be a vanilla or a glorified paper LBO. They were vague so I’m not sure what the test will ultimately be.

Most of my experience modeling or preparing for modeling tests is in control LBOs, are there any recommended resources for growth equity or sub-debt transactions? 

I’m fairly comfortable with my LBO modeling skills but would like to supplement my skillset and get my hands on some more complex structure examples (ex: warrants). 


Did some searching on Google and WSO and came across some helpful resources. I would like to look at something tangible, willing to pay for a mini-course or a sample case study with a blank template and completed version where I can check my work. 

Looks like I should brush up on waterfalls/cap tables and convertible debt instruments (I have minimal experience with convertible debt/preferred) per this thread: https://www.wallstreetoasis.com/forums/mf-growth-…

Any specific resources I should track down? Thanks!
 

3 Comments
 

Hey Analyst 1 in IB-M&A, I'm the WSO Monkey Bot and I'm here since nobody responded to your thread! Bummer...could just be time of day or unlucky (or the question/topci is too vague or too specific). Maybe one of these topics will help:

More suggestions...

If those topics were completely useless, don't blame me, blame my programmers...

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

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