Marion Street Capital Identifies a Public-to-Private Leveraged Buyout (LBO) Opportunity Offering Large Private Equity Funds an IRR of up to 52% and a 7.5x MOIC
Marion Street Capital identified an out-of-favor public equity for a company (“PublicCo”) that was ripe for a Leveraged Buyout (“LBO”) opportunity prior to its next quarterly filing by researching all aspects of PublicCo including financials, company history, management, shareholders, competitive market analysis, and similar companies.
The Most Pressing Challenge
Marion Street Capital spent 6 months researching PublicCo, its competitors, and its industry to identify it as a viable investment opportunity. PublicCo’s stock was out-of-favor and the company was underleveraged to the point that investors could generate 32% - 52% IRR over 5 years and a 3.2x MOIC.
How Marion Street Capital Solved the Most Pressing Challenge
Marion Street Capital deployed its FinOps solutions to identify the potential returns for PublicCo by spending 250 hours researching multiple aspects of PublicCo, leveraged its extensive network to find partners for an LBO, and held strategic discussions with interested parties, including an executive at PublicCo.
MSC spent 6 months researching PublicCo, its competitors, and its industry to identify it as a viable investment opportunity by leveraging the following:
Discounted Cash Flow Analysis
Comps Multiples Approach
Leveraged Buyout Analysis
Sum of the Parts Analysis
Conversations with Chief Communications Officer at PublicCo