Corpus Intelligence LBO — BANNER THUNDERBIRD MEDICAL CENTER 2026-04-26 04:04 UTC
LBO — BANNER THUNDERBIRD MEDICAL CENTER
IRR: 18.3% | MOIC: 2.31x
🛡️ Public data only — no PHI permitted on this instance.
18.3%
IRR
2.31x
MOIC
$586.6M
Entry EV
$942.9M
Exit EV
$301.8M
Equity Invested

Sources & Uses

S&UTotal · $586.6M
ItemAmount%Distribution
Senior Debt$227.8M38.8%
Sub Debt$57.0M9.7%
Equity$301.8M51.5%
Enterprise Value$569.5M97.1%
Transaction Fees$17.1M2.9%
Total Uses$586.6M100.0%

Interpretation

INT

At 2.31x MOIC and 18.3% IRR over 5 years, this deal meets the 15-20% range — acceptable with operational upside.

Key drivers: Check the EBITDA bridge to identify highest-probability levers, the debt schedule for leverage trajectory, or the challenge solver to see what breaks the deal.

Returns Waterfall

WFL
ComponentValue
Exit Ebitda$89.8M
Exit Ev$942.9M
Net Debt At Exit$244.3M
Equity At Exit$698.7M
Equity Invested$301.8M
Total Value Created$396.8M
Value From Growth$344.9M
Value From Multiple$28.5M
Value From Deleveraging$40.5M