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
| Case | IRR | MOIC |
| Base Case | 21.0% | 2.59x |
| Conservative Case | 19.4% | — |