LBO Modeling & Private Equity
Learn the PE industry insights and the LBO modeling skills to drive your private equity or investment banking career.
Taught by Instructors with Experience At
What you’ll learn
This Leverage Buyout (LBO) Modeling & Private Equity Course will teach you all the necessary skills to perform real LBO models from scratch. We'll start with the theory, from the deal structure to the returns analysis through IRR and CoC returns. Then, we'll work through a Paper LBO, which is widely used as an interview test for investment banking and private equity. Following the Paper LBO, we'll work through an extensive LBO case study covering all the key aspects of a deal. We'll also analyze the intricacies of a real LBO deal and its complexities. Finally, we'll provide further LBO modeling exercises to help you stand out in any PE or investment banking role.
75+ Video Tutorials and Exercises
Downloadable Excel-Based Exercises and PDFs
Lifetime Access on Any Device
Prerequisites: Introductory Knowledge of Financial Accounting and Excel
Who are these courses for?
University Students
If you're a college student looking to secure an internship or full-time job in a top tier business, finance, or investment firm, these courses are for you.
Working Professionals
If you're a working professional looking to level up your technical career skills, these courses are for you.
Career Switchers
If you're looking to boost your technical skills to better your chances of switching into a business or finance role, this course is for you.
Build Comprehensive LBO Models From Scratch
Our hands-on teaching combines both theory and practical exercises for you to test yourself and apply the concepts you've learned. From building a Paper LBO from scratch to creating an industry-standard LBO model, you'll have plenty of Excel-based exercises to master private equity modeling.
Understand the Private Equity Deal Process
Learn all the phases in the PE deal process as we analyze real-world LBO deals step-by-step. From identifying a target company to understanding takeover defense strategies, get an insider's look at what negotiations actually look like.
Drive Your Finance Career in the Buy or Sell Side
This course is specifically tailored to current or aspiring professionals in private equity, investment banking, corporate development, and leverage finance. Stand out in both the buy and sell-side with industry best practices taught by top tier finance professionals.
Course Curriculum
- Course Overview
- Download Materials
- What is an LBO?
- LBO House Purchase Analogy
- LBO Measures of Returns
- Case Introduction
- Excel Page Setup
- Entry Assumptions
- Growth Assumptions
- Cash Buildup
- Exit Assumptions
- Returns Analysis
- Return Drivers
- Key Company Metrics
- Relevant Industries
- Debt Market Conditions
- Leverage as an Amplifier
- Overview of Recent Market Activity
- What is Private Equity?
- Fund Lifecycle and Capital Raising Process
- Overview of Value Creation
- 1980s - How it all Began
- 1990s - When PE Grew Up
- Technology Takes Over
- Valuations Become Too High
- The Current Situation: Dry Powder
- The Biggest Private Equity Firms
- How to Work in the Private Equity Industry
- Case Study Introduction
- How Assumptions are Presented
- Setting up Assumptions in Excel
- Pricing off EBITDA multiple
- Using a share price
- Making the Model Dynamic
- Uses of Funds
- Sources of funds
- Fees
- Module Introduction
- Revenue Forecast and Build
- Cost build to EBITDA
- Long Lived Assets Forecast
- Complete Income Statement
- Cash Flows From Operating Activities
- Cash Flows From Investing Activities
- Cash Flows From Investing Activities
- Module Introduction
- Setting Up a Cash Roll-Forward Schedule and Interest Income
- Revolver Needs Analysis and Revolver Balance
- Modelling the Term Loan and Cash Sweep
- Senior and Subordinated Notes
- Leverage Statistics
- Closing the Cash flow Statement
- Module Introduction
- Interest Rates Charged (SONIA, SOFR)
- Interest Expense
- Managing Circular References (Circularity)
- Module Introduction
- Sensitising Exit Valuation
- Calculating returns - MoM and IRR
- Data Tables
- Charts and Visuals to Support Presentation
- Module Introduction
- How to Source Deals
- Deal Overview: Acquisition of Inmarsat by a Consortium Led by Apax Partners
- The Deal Terms
- Instructor Personal Deal Experiences
- Public Disclosure (Rule 2.7 Announcement)
- Hedge Fund Dispute
- National Security Concerns
- What Happened Next?
- Additional Paper LBO Case Study and Walkthrough
- Completed Paper LBO Model
- Additional Full LBO Case Study Exercise and Walkthrough
- Completed Full LBO Model
- Next Steps
Impress recruiters with your resume
Upon completion of all course lessons, you will receive a digital certificate with your credentials. Furthermore, you can add it to your LinkedIn to show your skills to recruiters!
What our students say
Just What I was Looking For!
Rashed Al-Romaithi
Definitely recommend it!
Arif Rashid
Excellent Experience!
David Rodrigues
Awesome Course!
Andy Giro
I cannot recommend their courses highly enough!
Justin Galczynski
Well Done!
Tristan Chiu
Exceptional Training Solution!
Michael Penna
Wonderful Course!
Ebenezer Anane
I grow tremendously
Antonio Newman
Top Experience
Guillem Bigordà Freixas
Outstanding!
Linda Fligg
Makes sense!
Ikmareka Hunt
Thoroughly Enjoyed Power BI
Selina Chee
Awesome Practice
Rupali Kapadia
Very Valuable
Robert Remondino
Great Content!
Naseef Kamal
Thank you
Evelyn Tah
Great Explanations!
Jamie Forschner
Thank you!
Keith Aul
Amazing, Detailed and Realistic!
Ishaan Mathur
Superb Work
Johnny Chowdhury
Very, very helpful!
Marco Horn
Great course!
Cristine Ramos
I LOVE THE TRAINING PROGRAM
George Taylor
Very detailed
Steven Huang
Worth Every Penny
Molly Dadzie
Informative
Tam Tran
A Very Complete Course!
Teo Ballbe
Well paced
Reeta Sooknah
Keep up the good work!
Jennifer Ng
Clear Explanations!
Russell Tankoua
Excellent
Bilal Kamara
Exceptionally Helpful
Garay
Worth the Money!
Jamaal Tobias
Thank you, so much.
Katia Rues
Very well structured course
Will
Enjoying it!
Yuling Zheng
Great job!
Marco Franceschini
Recommend to those in finance
Aditiya Kusuma
Great Course on SQL
K R
Extremely Impressed
Josh McDonald
Well Organized
Hyascar Jesus Vargas Zelada
Exceeded my expectations
Khin Yaminn
Pretty Good
Raghav Wasan
I love that it's interactive
Ashley Thompson
Easy to follow
Michael Dos Santos
Cheers!
Marvel Tanudjaja
Just What I Needed!
Daniel Mwabila
Super Helpful!
Isabella West
Great course
Tim Lorentz
Excellent Learning Experience
Dinah Fojas
Beginner friendly
Julian Mascio
I do recommend it!
Vladimir Sobur
Awesome learning Power BI
Jim Brooks
I like this course and recommend it
Tom Munt-Davies
Highly Recommend!
Yakuphan Alptekin
Perfect!
Murilo Cangueiro
Amazing Course!
Erik Reznicek
Excellent
Joseph Daher
This course is worth it!
Selasi Kwame
Great stuff!
David H
Engaging
Justin Risin
Learned a lot
Hai Nguyen
Wise Decision to Purchase
Jamaal T
Highly Recommend
J Lee
Clear, concise instruction
Matt Pounch
The Best!
Jasmine Akujobi
Our Students Now Work At
Meet Your Instructors
.webp)
Will Lundy
Learn the skills you need to advance your career
Select the course or bundle that works best for you
- {yes} Access to Full LBO Modeling & Private Equity Curriculum
- {yes} Paper LBO Interview Exercise
- {yes} Full LBO Case Study
- {yes} Private Equity Industry Analysis
- {yes} Downloadable Excel and PDFs
- {yes} Course Completion Certificate
- {no} Access to Full M&A Modeling Course
- {no} Access to Full Finance & Valuation Course
- {no} Access to Full Excel Course
- {no} Access to Full Financial Accounting Course
- {no} Access to 5 Courses for the Price of 2.5
- {yes} Access to Full LBO Modeling & Private Equity Curriculum
- {yes} Paper LBO Interview Exercise
- {yes} Full LBO Case Study
- {yes} Private Equity Industry Analysis
- {yes} Downloadable Excel and PDFs
- {yes} Course Completion Certificate
- {yes} Access to Full M&A Modeling Course
- {yes} Access to Full Finance & Valuation Course
- {yes} Access to Full Excel Course
- {yes} Access to Full Financial Accounting Course
- {yes} Access to 5 Courses for the Price of 2.5
FAQs
Frequently Asked Questions
The program assumes an introductory level of Microsoft Excel (basic formulas, formatting, navigation, etc.) as well as an introductory level of financial accounting (understanding the three financial statements, types of line items, depreciation, etc.) Learners with no Excel experience can enroll in our Excel for Business & Finance Course. Learners with no experience in financial accounting can enroll in our Financial Accounting Essentials Course.
Yes, this course is accredited by the CPD Certification Service. Career Principles is a certified CPD member.
You will have lifetime access to the lessons and materials. The course can be taken on both smartphone and computer.
Yes! All the Excel files, templates, and PDFs are available for download.
For any other general inquiries, please contact us at info@careerprinciples.com