LBO Modeling Basics

PE buyout modeling fundamentals for technical interviews.

An LBO model sizes entry equity, projects debt paydown, and solves for sponsor MoIC and IRR over a 5-year hold.

Master sources & uses, term loan amortization, cash sweeps, and management rollover mechanics.

SheetRank's Project Apollo deal is a classic $500M platform LBO — practice in Beginner, VP Socratic, or Superday mode.

Practice on SheetRank

Apply what you learned with live deal underwriting and automated grading.