Macabacus Simple LBO ModelRyan MacGregor

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This model presents a hypothetical LBO of a hypothetical company. Any similarity between the financial metrics of this company and actual companies is purely coincidental. Macabacus does not provide investment, accounting, or tax advice.

EXCEPT AS OTHERWISE EXPRESSLY STATED, INCLUDING BUT NOT LIMITED TO IN A LICENSE OR OTHER AGREEMENT GOVERNING THE USE OF SPECIFIC CONTENT, ALL CONTENT IN THIS MODEL IS PROVIDED "AS IS," AND MACABACUS MAKES NO REPRESENTATIONS OR WARRANTIES, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE OR NON-INFRINGEMENT OF PROPRIETARY RIGHTS. WITHOUT LIMITING THE FOREGOING, MACABACUS MAKES NO REPRESENTATION OR WARRANTY THAT CONTENT IN THIS MODEL IS FREE FROM ERROR OR SUITABLE FOR ANY PURPOSE; NOR THAT THE USE OF SUCH CONTENT WILL NOT INFRINGE ANY THIRD PARTY COPYRIGHTS, TRADEMARKS OR OTHER INTELLECTUAL PROPERTY RIGHTS. YOU UNDERSTAND AND AGREE THAT YOU DOWNLOAD OR OTHERWISE OBTAIN CONTENT THROUGH MACABACUS' WEBSITES AT YOUR OWN DISCRETION AND RISK, AND THAT MACABACUS WILL HAVE NO LIABILITY OR RESPONSIBILITY FOR ANY DAMAGE TO YOUR COMPUTER SYSTEM OR DATA THAT RESULTS FROM THE DOWNLOAD OR USE OF SUCH CONTENT. SOME JURISDICTIONS MAY NOT ALLOW THE EXCLUSION OF IMPLIED WARRANTIES, SO SOME OF THE ABOVE LIMITATIONS MAY NOT APPLY TO YOU.

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Macabacus Simple LBO Model

x Dashboard

x Summary Credit Statistics

x Income Statement

x Balance Sheet

x Cash Flow Statement

x Working Capital Assumptions

x Equity Investments

x Debt Schedule

x Interest Rates & Summary

x Amortization of Capitalized Financing Costs

x Depreciation of Fixed Assets

x Amortization of Intangible Assets

x Tax Schedules

x Shares Outstanding

x Financing Scenarios & Drivers

x Transaction Balance Sheet

x Returns Analysis

The Macabacus Simple LBO Model excludes the several features present in the Macabacus Complex LBO Model, and makes simplifying assumptions, as follows:No original issue discounts (OID)No payment-in-kind (PIK)Assumes no NOLs, either at LBO or going forwardNo discounted cash flow (DCF) analysisNo weighted average cost of capital (WACC) calculationSimplified timing; no ability to select the transaction close dateTransaction closes at calendar year-end, and fiscal years are aligned with calendar yearsAssumes no existing purchase accounting-related intangibles to be written offNo cash earnings or accretion/dilutionNo prepayment premiums/penaltiesNo cost savingsSingle operating caseNo sponsor management fee

The Macabacus Simple LBO Model excludes the several features present in the Macabacus Complex LBO Model, and makes simplifying assumptions, as follows: