Hi everyone, I have an IB case interview tomorrow morning where I have to prepare transaction comps and do an LBO analysis. My background is in real estate acquisitions, so I have experience with finding building comps/building out proformas but haven’t done it for companies before. I have 24 hours to complete the case once I receive it, does anyone have any recommendations for any resources and/or preparation materials? Thanks so much in advance!

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Shouldn’t be that much different than for acquiring a building. Basic building blocks are there, what are the cap rates or multiples paid for comps, apply those to the NOI or EBITDA to get a valuation based on comps. then for the LBO determine the 5yr cash flows, figure out how much you want to lever it, figure out pricing, breakage costs for any debt you might be paying down, figure out your entry and exit multiples, then calc the return.

Surprised you have to do this for an IB interview. Our technicals didn’t involve putting together an LBO, more talking through the mechanics.

I used breaking into Wall Street for my IB interview prep

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Thanks so much!

How’d it go

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