Learn / Doing the deal Go to Overview 1. How a deal gets screened 2. Sources and uses, and the capital structure, Pro 3. Returns attribution: where the money came from, Pro 4. The investment committee memo, Pro 5. A full paper LBO with fees and a cash sweep, Pro 6. Building the LBO in Excel, in order, Pro 7. The modeling test, Pro 8. The PE case study, Pro Flashcards, 0 of 17 reviewed Basic quiz Advanced quiz Terms Doing the deal
0 of 8 lessons
0 of 17 cards From the teaser to the investment committee: screening a deal, building sources and uses, explaining where the return came from, a full paper LBO with a cash sweep, the Excel build, the modeling test, and the case study.
A Advanced4 lessons 5 A full paper LBO with fees and a cash sweep The harder version of the paper LBO: fees in the entry, capex above D&A, working capital that uses cash, and interest that falls as the sweep repays debt. 14 min 6 Building the LBO in Excel, in order A modeling test rewards building the tabs in the order cash actually flows. Get the order right and the model balances; get it wrong and you chase errors for an hour. 11 min 7 The modeling test Most PE processes include a timed model built from a prompt. Graders want a complete, correct, readable model more than a clever one, and they notice who finishes. 10 min 8 The PE case study The case study asks the real question: would you buy this company, at what price, and why. The model supports the answer; the answer is the product. 11 min Q Advanced quiz 10 questions, 80% passes