Question: Today, December 3 1 , 2 0 2 4 , an LBO fund takes Tripage, Inc. private paying a 2 5 % premium over its

Today, December 31,2024, an LBO fund takes Tripage, Inc. private paying a 25% premium over its current market capitalization of $800 million. The LBO fund also refinances the existing debt. Assume there are no transaction expenses.
1. What is the LBO fund's 2024 EBITDA acquisition multiple assuming that Tripage has no cash, that its debt pre-acquisition is $500 million, and that its 2024 EBITDA was $150 million?
Today, December 3 1 , 2 0 2 4 , an LBO fund takes

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