A company has $1bn revenue in YR0 and 10% CAGR. Assume the company has a 10% EBITDA margin (constant), it's trading at 10x EV/EBITDA, is able to borrow at 4x EBITDA and has no interest. How much equity must a financial sponsor pay upfront?
Next question. A company has $1bn revenue in YR0 and 10% CAGR. Assume the company has a 10% EBITDA margin (constant), it's trading at 10x EV/EBITDA, is able to borrow at 4x EBITDA and has no interest. How much equity must a financial sponsor pay upfront?