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WSO Free Modeling Series - Now Open Through
April 30, 2024
9 Free Financial Modeling Lessons
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.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
Howd you get a chance at it? Interested, thanks.
Also interested in this. Anyone have any insight?
I"ve seen other modeling tests for IB laterals and they were LBOs...
could be high level merger scenario as well... would make a lot of sense if you are looking to move into M&A
If it is LBO i am screwed. Any one know where to get some samples/practice model tests from?
macabacus... you can also reference the lbo walk thru on mergers and inquisitions...
Basically if it's supposed to be high level, you should just outline your transaction details, build out your income statement, include a sources and uses, get free cash flows for debt service based on your income statement and non cash adjustments, model out a simple debt schedule assuming you sweep excess cash, and then use your terminal EBITDA and exit multiple from your transaction details to get you to your enterprise value at exit. From there you can get down to Equity Value at exit by netting out your net debt from the terminal projection year and then compare to Equity at entrance to come up with an IRR.
well an M&A model is the same as LBO but with different focus, IRR vs. EPS a/d
No, not really
bump
Do you remember which type of test this ended up being?
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