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LBO Fundamentals

Learn the 6-step LBO framework that organizes the chaos of a buyout into a simple step-by-step flow where you simply can’t get lost. You will understand the mechanics so deeply that you’ll be running circles around your peers in technical interviews.

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Hours of lessons 3+
Lessons
24
Level Beginner
Practice questions
895
Sample lessons
Lesson 1
Curriculum Financeable vs Competitors FAQ
1 Min
Welcome to the course!
Welcome to the Course!
37 Min
Section 01. What is an LBO?
LBO Basics
LBO Model Step-by-Step
Building a Basic LBO Analysis
The Impact of Leverage (i.e. Debt)
LBO Value Drivers
Burn it in!
19 Min
Section 02. How do PE Funds Work?
PE Fund Basics
How PE Funds Operate
Burn it in!
46 Min
Section 03. Debt Tables
Intro to Debt Tables
The Debt Waterfall
Time for Excel: Cash Flow Setup
Cash Available for Optional Repayment
Time for Excel: Cash Available for Optional Repayment
RCF, 1 L TL, 2 L TL & Bonds (‘Notes’)
Time for Excel: RCF, 1 L TL, 2 L TL & Bonds (‘Notes’)
Time for Excel: Connect the Three Statements
Burn it in!
16 Min
Section 04. Exit & Returns Analysis
Exit Analysis
Returns Analysis
Time For Excel: Returns and Exit Analysis
Burn it in!
Wrap-Up
Terms & Conditions
Financeable logo
The other guys
Gain a deep understanding of the underpinnings of LBOs with our comprehensive, visual mental map of an LBO.
Mechanical explanations for each step in the process with little context.
Build a visual mental map of how PE funds operate in real life.
Overly complex explanations filled with jargon.
Is prior experience required?
We recommend that you have an understanding of accounting fundamentals and valuation fundamentals.
Will this help me with Investment Banking interviews?
In this mini-module, we cover the core concepts related to LBOs that are critical for your Investment Banking interviews.
Will this help me with Private Equity interviews?
The short answer is yes, but if you’re aiming for Private Equity, we strongly recommend checking out our full LBO modeling course.

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