Corpus Intelligence LBO — HOAG ORTHOPEDIC INSTITUTE 2026-04-26 14:11 UTC
LBO — HOAG ORTHOPEDIC INSTITUTE
IRR: 18.6% | MOIC: 2.35x
🛡️ Public data only — no PHI permitted on this instance.
18.6%
IRR
2.35x
MOIC
$124.3M
Entry EV
$202.3M
Exit EV
$63.9M
Equity Invested

Sources & Uses

S&UTotal · $124.3M
ItemAmount%Distribution
Senior Debt$48.3M38.8%
Sub Debt$12.1M9.7%
Equity$63.9M51.5%
Enterprise Value$120.7M97.1%
Transaction Fees$3.6M2.9%
Total Uses$124.3M100.0%

Interpretation

INT

At 2.35x MOIC and 18.6% 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$19.3M
Exit Ev$202.3M
Net Debt At Exit$52.2M
Equity At Exit$150.1M
Equity Invested$63.9M
Total Value Created$86.1M
Value From Growth$75.6M
Value From Multiple$6.0M
Value From Deleveraging$8.1M