medium · Private Equity

A sponsor models a Year 5 exit where the company has grown EBITDA from $40M to $60M and paid down $80M of debt.

If the entry multiple was 8x and the sponsor assumes a 1.0-turn multiple contraction at exit, what is the Exit Enterprise Value?

  1. $420M
  2. $320M
  3. $480M
  4. $540M

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