LBO of Buffalo Wild Wings Flashcards
1
Q
Who did Citi advise?
A
Citi advised Roar Capital (Arby’s).
2
Q
What was the transaction and equity value?
A
$2.8b transaction value
$2.5b equity value
3
Q
What type of acquisition was this? Performed by who?
A
LBO performed by Roark Capital
4
Q
What was the offer price per share? What was the consideration?
A
$157
All cash. LBO
5
Q
Describe the financing and equity for the deal.
A
$783 in equity put up by Roark Capita. $2.2b in financing, which included $1.73b in senior secured debt and $485 in unsecured bridge facility.
6
Q
What was the EBITDA multiple? Median and avg?
A
11.2x
Median- 8.5x
Avg- 9.2x
7
Q
What was the share premium 1 month prior?
A
1 month prior- 26.1%
