hard · Private Equity value-creation

A $400.0M LBO is financed with $240.0M of debt and $160.0M of sponsor equity. The peg is $30.0M. At closing, NWC is $22.0M.

If transaction fees are $10.0M, what is the final cash amount paid to the seller for their equity?

  1. $142.0M
  2. $168.0M
  3. $152.0M
  4. $160.0M

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