How to handle and investment with more than one equity infusion, distribution, add-on acquisition, divestment, refinancing, or dividend recapitalization.
Adjust entry and exit metrics for equity distributions generated from changes in a company debt levels.
Adjust entry and exit metrics for transaction-driven changes in debt levels during a holding period.
Adjust exit metrics for the divestment of operating entities that make incremental changes to the company’s effective balance sheet and P&L.
Adjust entry metrics for the acquisition of operating entities that make incremental changes to the company’s effective balance sheet and P&L.
The right way to address transactional events that occur during a private equity investment’s holding period.
More on exit adjustments and the impact of cash holdbacks and escrows.
The right way set up exit metrics, given the various fund flows among buyers, sellers, lenders, bankers, and other parties.
More on entry adjustments, including rollover equity, seller notes, and acquired liabilities.
The right way to set up entry metrics, given transaction fees, expenses, working capital, and cash.