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ADAM v23.5

Financial Intelligence Unit | SYSTEM READY

I. Deal & Historicals

LTM Revenue ($M)

LTM EBITDA ($M)

Entry Mult (x)

Trans. Fees ($M)

Cash on B/S ($M)

II. Debt Structure

Senior Debt ($M) 3.0x

Sub/Mezz Debt ($M) 4.0x

PIK

III. Key Drivers

Revenue Growth Profile

EBITDA Margin Profile %

Capex %

NWC %

Tax %

IV. Valuation & Risk

Risk Free (%)

MRP (%)

Beta

TGR (%)

Volatility (σ)

Enterprise Value

$0.0M

Implied by DCF

Sponsor IRR

0.0%

0.0x MOIC

Risk Rating

N/A

PD: 0.00%

Leverage (LTM)

0.0x

Total Net Debt / EBITDA

Deleveraging Profile

Capital Structure (Entry)

Sensitivity Analysis: Exit Multiple vs. Growth (IRR %)

Sources of Funds

Source	Amount ($M)	%

Uses of Funds

Use	Amount ($M)	%

Pro Forma Capitalization Statistics

PF Total Debt

-

PF Net Debt

-

PF Leverage

-

Sponsor Equity Chk

-

3-Statement Projection Model

Line Item ($M)	LTM	Year 1	Year 2	Year 3	Year 4	Year 5

Free Cash Flow Build

Metric	Y1	Y2	Y3	Y4	Y5

DCF Summary

WACC

PV of FCFs

Terminal Value (TV)

PV of TV

Enterprise Value

Less: Net Debt

Equity Value

Regulatory Rating

--

Probability of Default (Synthetic) 0.00%

Rating Justification

Awaiting calculation...

Covenant & Ratio Analysis

Metric	Pro Forma	Y1	Y2	Threshold
Total Leverage	-	-	-	< 6.0x
Interest Coverage	-	-	-	> 2.0x
DSCR	-	-	-	> 1.2x