QSR / BKW
Burger King — 3G Capital, 2010
Leveraged Buyout
Model

LBO model replicating 3G Capital's ~$4.27B take-private of Burger King, including debt tranche structuring, entry/exit multiples, IRR sensitivity, and equity return waterfalls under conservative and management cases.

21.0% / 2.59x Base Case IRR / MOIC Conservative Case IRR: 19.4%

Deal Structure

  • ~$4.27B take-private transaction
  • Multiple debt tranches modelled separately
  • Entry and exit multiple assumptions explicitly stated

Returns Analysis

  • Equity return waterfall by case
  • IRR sensitivity across entry/exit multiple grid
  • Conservative vs. Management case comparison
  • 9-slide deck built around the deal narrative
CaseIRRMOIC
Base Case21.0%2.59x
Conservative Case19.4%—
Download Deck (.pdf) Download Model (.xlsx) ← Back to Coverage