Private Equity case studies, worked step by step

Cases
100
Traced to a firm
59
Topics
12
Hard
30
Topic
All topicsGrowth equity and software8Returns attribution and value creation8LBO modelling tests9Screening and ranking businesses9Distressed and special situations7Private credit and direct lending9Paper LBOs10Real estate and infrastructure8Portfolio operations and exits6Deal structuring and pricing9Fund, LP and portfolio analytics7Commercial and market cases10
Level
AnyWarm upCoreHard
Source
AnyReported at a firmStandard
Showing 31–40 of 50 · filtered from 100Clear filters
  1. 061A 120-store eyewear chain wants to add 30 stores a year. Each store costs Rs 1.2 crore and earns Rs 0.4 crore once mature. Should the fund pay 14x EBITDA of Rs 50 crore?Screening and ranking businessesCoreMid-market buyout fundIndian mid-market PE
  2. 062Business intuition: a 40-clinic veterinary chain where clinics take 18 months to mature. Which KPI should the sponsor track first, and what does each clinic add to value at 15x?Commercial and market casesCoreBain CapitalSan Francisco · 2025
  3. 070An incense maker has 6% of its market. Size the market from households up, then test whether the management plan to reach 10% share in five years is credible.Commercial and market casesCoreAdvent InternationalLondon · 2022
  4. 071A branded spices business earns Rs 90 crore of EBITDA at an 18% margin with low capex and stable demand. Is it an LBO candidate, and would a strategic buyer outbid a sponsor that needs a 20% IRR?Screening and ranking businessesCoreWarburg PincusSan Francisco · 2014
  5. 072An adhesives maker can raise prices 3% a year but expects to lose 2% of volume a year as a result. On Rs 400 crore of revenue at a 20% margin, what does that do to EBITDA in year 5 and to the sponsor's return?Returns attribution and value creationCoreMid-market buyout fund
  6. 073Cotton costs rise 8% at an apparel maker with Rs 900 crore of revenue, COGS at 55% and a 12% EBITDA margin. What price increase keeps EBITDA flat, what SG&A cut would, and what does each do to the sponsor's IRR?Portfolio operations and exitsCoreSycamore PartnersNew York · 2026
  7. 074A 400-bed hospital at 70% occupancy earns Rs 30,000 per occupied bed day at a 20% EBITDA margin. A lender proposes a Rs 150 crore loan with a 3.0x leverage covenant. At what occupancy does the covenant break?Private credit and direct lendingCorePrivate credit
  8. 076You have one hour and five numbers on each of three businesses. Which one would you study further, and what would you ask for first?Screening and ranking businessesCoreViking Global InvestorsNew York · 2025
  9. 078Paper LBO where revenue must be built from furnaces, tonnes and price before any multiple is applied, with a third furnace bought in year 3. Work the return.Paper LBOsCoreBain CapitalBoston · 2024
  10. 081Enterprise value is agreed at Rs 1,000 crore. With unfunded gratuity, customer advances, capex creditors and trapped cash on the balance sheet, what equity price follows?Deal structuring and pricingCoreMid-market buyout fundIndian mid-market PE

Company names and figures are illustrative.