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 1–8 of 8 · filtered from 100Clear filters
  1. 018A restaurant chain with 25 outlets wants to grow to 60. Work the outlet economics and the payback on a new outlet, and say whether the fund should back the expansion.Commercial and market casesCoreGeneral AtlanticBeijing · 2014
  2. 033A laundry chain wants to enter a new city with three stores at Rs 1.2 crore of fit-out each. Each store handles 150 orders a day at Rs 250 with a 40% contribution margin and Rs 35 lakh a year of fixed cost. Is the entry worth it, and when does it pay back?Commercial and market casesWarm upAdvent InternationalBoston · 2021
  3. 036An airport services business at a regional airport handles 1.2 crore passengers a year: aero revenue is regulated at Rs 400 a passenger, non-aero revenue is Rs 180 a passenger and growing 10%, and traffic grows 7%. Value the business and say where the upside and the regulatory risk sit.Commercial and market casesCoreBain CapitalBoston · 2023
  4. 046A direct-to-consumer cosmetics brand has 20 lakh monthly visitors, 2.5% conversion, an average order of Rs 900 and 35% of buyers coming back within a year. Build annual revenue and say which lever the sponsor should push first.Commercial and market casesCoreBain CapitalBoston · 2023
  5. 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
  6. 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
  7. 079A TV network earns Rs 900 crore from advertising, falling 8% a year, and Rs 400 crore from subscriptions, rising 6%, with 40% of its costs fixed. Project five years of EBITDA and say whether it is a buyout at 6x.Commercial and market casesHardBain CapitalBoston · 2026
  8. 091Commercial case: an industrial water treatment company with Rs 350 crore of revenue, 45% of it from five customers, in a market growing 11% where it holds 8% share. Assess market, position and concentration, and say what the sponsor must believe.Commercial and market casesCoreAdvent InternationalLondon · 2023

Company names and figures are illustrative.