How to build an LBO model: cash, debt and equity returns
A worked LBO modelling guide with sources and uses, capped debt facilities, cash sweeps, minority interests and editable Excel assumptions.
MODELLING DESK
Follow the cash.
Understand the return.
Why capex and debt maturities can break an LBO
Compare EBITDA with cash available for debt repayment using a worked example. Stress-test capex, interest rates, maturity payments and revolver limits.