PE Firm acquired a company at an enterprise value of 10x EBITDA on reported EBITDA of...

 

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PE Firm acquired a company at an enterprise value of 10x EBITDA on reported EBITDA of $550 million. Debt and cash at the time of acquisition were $250 million and $40 million, respectively. The acquired company also had noncontrolling interests of $50 million and investments in marketable securities of $55 million. What is the equity value of the company based on PE Firm's purchase multiple at the time of acquisition? PE Firm acquired a company at an enterprise value of 10x EBITDA on reported EBITDA of $550 million. Debt and cash at the time of acquisition were $250 million and $40 million, respectively. The acquired company also had noncontrolling interests of $50 million and investments in marketable securities of $55 million. What is the equity value of the company based on PE Firm's purchase multiple at the time of acquisition?