Class VI Partner

AUGUST 4, 2022

Investors we have spoken to have indicated that their lender networks have remained eager to provide considerable debt for higher quality deals. Conservative investors are unlikely to opt for more than 3x debt financing for acquisitions during a period of market volatility.

EBITDA 52

EBITDA Debt Financing Equity Marketability 52

IT Valuations

MARCH 1, 2021

The right fit for your acquisitions should increase shareholder value, diversify your services, expand your geographic footprint, and improve your EBITDA/profitability. Profit margins for the business and trends of growth, or a deterioration Have EBITDA and any adjustments been properly calculated?

Technology 40

Technology EBITDA Debt Financing Specific Risk 40

Benzinga

OCTOBER 27, 2022

Regal Rexnord has fully committed debt financing and there are no financing conditions associated with the transaction. Non-GAAP adjusted EBITDA* was $92.1 The Company ended the quarter with total gross debt of $1.06 billion and net debt* of approximately $860 million. million, or 7.2% of revenues.

Gross Debt 40

Gross Debt Net Debt Debt Financing Enterprise Value 40

Simply Treasury

AUGUST 2, 2022

Concept of notional interest : It is proposed to introduce notional interest, the idea of which is to allow the deduction during 10 consecutive years of this "synthetic" interest, within the famous limit of 30% of the company's EBITDA. This disincentive is intended to reduce the attractiveness of debt financing, regardless of its origin.

Equity 52

Equity Risk Premium Banking Finance 52

Benzinga

JULY 26, 2023

Financial Highlights of the Transaction The total estimated consideration of $395 million: i) represents less than 2.75x of expected EBITDA in 2024, ii) is estimated to be less than the book value of MacKellar's assets and iii) is expected to be over 50% accretive based on incremental earnings per share.

EBIT 40

EBIT Debt Financing Book Value Finance 40

Musings on Markets

MARCH 8, 2023

The second is that surge in buybacks has been fed by debt financing, and it is part of a larger and darker picture of over levered companies catering to greedy, short term shareholders. Are there firms that are using debt to buy back stock and putting their survival at risk?

Dividends 102

Dividends Start-ups Finance Corporate Finance 102

FE International

DECEMBER 31, 2021

That is, were the companies in those transactions valued as a multiple of EBIT , EBITDA , revenue, or some other parameter? In a public company setting this tends to manifest as P/E multiples as well as EV/EBITDA and EV/Sales or other iterations of these core metrics. Debt-financed investors. Earnings-Multiple.

Weighted Average Cost of Capital 52

Weighted Average Cost of Capital Business Valuation Precedent Transaction Analysis Start-ups 52

Benzinga

AUGUST 1, 2024

The two companies are expected to generate a combined Ex-TAC Gross Profit of $660 - $680 million (1)(2) and Adjusted EBITDA of $180 - $190 million (1)(2) in 2024E. The $25 million deferred cash payment will be paid in one or more installments after closing, subject to compliance with certain covenants in the debt financing terms. (3)

Debt Financing 40

Debt Financing EBITDA Finance Banking 40

Benzinga

MARCH 4, 2025

Transaction Highlights Transaction values ADT at a cash-free, debt-free enterprise value of $12.65 million of debt financing which closed simultaneously with the acquisition, and the remainder from Star's cash on hand. million, gross margin of 48%, and Adjusted EBITDA of $2.4 million, funded in part by $2.5

Equity 40

Equity Debt Financing Enterprise Value EBITDA 40

Benzinga

FEBRUARY 3, 2025

The two companies are preliminarily reporting a combined Ex-TAC Gross Profit of $623 million and Adjusted EBITDA of $230 million in 2024 including $65-75 million of estimated synergies 1. The revised terms have meaningfully reduced the level of required debt financing and simplified the transaction structure.

EBITDA 40

EBITDA Debt Financing Marketability Technology 40