LBO — SOUTH TEXAS HEALTH SYSTEM
IRR: 16.2% | MOIC: 2.12x
🛡️ Public data only — no PHI permitted on this instance.
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16.2%
IRR
2.12x
MOIC
$927.8M
Entry EV
$1.4B
Exit EV
$477.4M
Equity Invested
Sources & Uses
S&UTotal · $927.8M| Item | Amount | % | Distribution |
|---|---|---|---|
| Senior Debt | $360.3M | 38.8% | |
| Sub Debt | $90.1M | 9.7% | |
| Equity | $477.4M | 51.5% | |
| Enterprise Value | $900.8M | 97.1% | |
| Transaction Fees | $27.0M | 2.9% | |
| Total Uses | $927.8M | 100.0% |
Interpretation
INTAt 2.12x MOIC and 16.2% 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| Component | Value |
|---|---|
| Exit Ebitda | $131.2M |
| Exit Ev | $1.4B |
| Net Debt At Exit | $364.8M |
| Equity At Exit | $1.0B |
| Equity Invested | $477.4M |
| Total Value Created | $535.3M |
| Value From Growth | $431.7M |
| Value From Multiple | $45.0M |
| Value From Deleveraging | $85.6M |