Advanced Topics - LBO Modeling

Coming back to this forum which has helped a ton on general recruiting and career advice. I have not been able to locate a resource that clearly explains some of the more nuanced functionalities in LBOs and how these flow through the 3 statements, S&U, PF BS, and returns, if applicable: 

  • Seller's Notes 
  • Earn-out 
  • Management Options
  • Warrants 
  • Fees and carry 
    For context, I have a modeling test coming up for a firm that is notorious for 3hr modeling tests that include various "bells and whistles."

Any help would be appreciated. Thank you! 

 

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