Corpus Intelligence LBO — SPARROW IONIA HOSPITAL 2026-04-26 21:28 UTC
LBO — SPARROW IONIA HOSPITAL
IRR: 17.5% | MOIC: 2.24x
🛡️ Public data only — no PHI permitted on this instance.
17.5%
IRR
2.24x
MOIC
$64.8M
Entry EV
$101.1M
Exit EV
$33.3M
Equity Invested

Sources & Uses

S&UTotal · $64.8M
ItemAmount%Distribution
Senior Debt$25.2M38.8%
Sub Debt$6.3M9.7%
Equity$33.3M51.5%
Enterprise Value$62.9M97.1%
Transaction Fees$1.9M2.9%
Total Uses$64.8M100.0%

Interpretation

INT

At 2.24x MOIC and 17.5% 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$9.6M
Exit Ev$101.1M
Net Debt At Exit$26.4M
Equity At Exit$74.7M
Equity Invested$33.3M
Total Value Created$41.4M
Value From Growth$35.1M
Value From Multiple$3.1M
Value From Deleveraging$5.0M