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How does private equity recruitment work? Private equity is a highly competitive field with limited but highly paid roles. Most...

The short answer to "walk me through an LBO" A leveraged buyout starts with buying a company mainly using debt to increase the returns of...

The short answer How are the three financial statements linked? Net income flows from the company's income statement to the balance sheet...

What is Unlevered Free Cash Flow? Unlevered Free Cash Flow (UFCF) is a company's cash flow available to both capital providers (debt and...

What are EBITDA add-backs? EBITDA add-backs are mainly used in an M&A transaction when the business owner tries to sell his company....

How to answer: Which valuation method gives the highest valuation? The short answer : it depends. Comparable transactions and DCF are both on the higher end Comparable companies and LBO are both on the lower end This question is part of your valuation questions  in an Investment Banking interview . When I was going through the interview process, this question came up multiple times—especially at firms that focus heavily on M&A or private equity. It’s less about reciting