Convert your insights into a polished PDF memo or presentation. Ensure your formatting is flawless; misaligned text boxes or typos suggest a lack of attention to detail. 4. Common Frameworks for Commercial Evaluation
I can provide specific frameworks and common valuation metrics for that exact scenario. Share public link
💡 The best PE case studies are based on real exercises from actual recruiting processes. Top coaching firms develop their practice cases by analyzing what real interviewers asked and where candidates struggled.
Provides a free interview guide with 40 sample questions and a dedicated LBO modeling test. private equity interview case study pdf
The take-home assignment is the most comprehensive type of case study. You will receive a full set of company information, often a . Your task is to build an LBO model, develop an investment thesis, and prepare a final document—such as a detailed presentation or investment memo—to be presented to the hiring team. To support your investment recommendation, you'll be expected to complete a full LBO model.
Based on your qualitative and quantitative analysis, you must now make a clear, definitive recommendation: . Your conclusion must be supported by the key drivers of return: EBITDA growth, debt paydown, and multiple expansion .
Present your valuation methods (LBO analysis, trading comparables, precedent transactions), key model outputs (IRR, MOIC, entry and exit multiples), and stress-test returns under different scenarios. Convert your insights into a polished PDF memo
Calculate: 1) Purchase price, 2) Debt and equity funding amounts, 3) Cumulative levered free cash flow, 4) Exit value, 5) Returns (MOIC).
Project revenue and expenses 5 years into the future using your conservative operating assumptions.
Private Equity Fund A is considering acquiring Target Company A. Here are the key assumptions you would be given: Common Frameworks for Commercial Evaluation I can provide
A single IRR number means nothing to a PE partner. They want to know the boundaries of the risk. Always construct data tables to sensitize your returns against: Purchase Multiple vs. Exit Multiple Organic Revenue Growth vs. EBITDA Margin expansion Leverage Levels vs. Base Case Operational Performance Step 4: Develop the Investment Thesis
You then build a model, calculate IRR / MOIC, and write a (or present slides).
When you look for that PDF, stop looking for the answers. Look for the methodology. Because in the interview room, the partners don't care if your IRR calculation is on a sample PDF they’ve seen a hundred times. They care if you can look at a broken business on a piece of paper and see a pathway to a profitable exit.