hard · Private Equity & LBOs

A company reports LTM EBITDA of $50.0M. During due diligence, the analyst identifies:4.0M in non-recurring legal settlements, 2.0M in run-rate synergies from a recent acquisition, and3.0M in stock-based compensation (SBC).

If the analyst follows standard private equity practices, what is the Adjusted EBITDA?

  1. $54.0M
  2. $59.0M
  3. $56.0M
  4. $47.0M

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