Short-Form LBO Model

Short-Form LBO Model Tutorial [Four-Part Video Series]

Jul. 19, 2026

2m Read

Table of Contents

What is a Short-Form LBO Model?
Short-Form LBO Model – Excel Template
Purchase Price Assumptions [Part 1]
Sources and Uses Table and Financial Forecast [Part 2]
Cash Flow Statement (CFS) and Debt Schedule [Part 3]
Exit Assumptions and Returns Schedule [Part 4]
Private Equity Recruiting: LBO Modeling Tests

What is a Short-Form LBO Model?

The following Short-Form LBO Model tutorial will walk through building a simple LBO model step-by-step in Excel, with a template provided.

Throughout the tutorial, a baseline understanding of the theory behind leveraged buyouts (LBOs) will be assumed. But if a certain concept is unclear, additional recommended resources will be linked below each video.

The structure of our short-form LBO model tutorial is as follows:

Purchase Price Assumptions [Part 1 of 4]
Sources & Uses Table and Financial Forecast [Part 2 of 4]
Cash Flow Statement and Debt Schedule [Part 3 of 4]
Exit Assumptions and Returns Schedule [Part 4 of 4]

Short-Form LBO Model – Excel Template

Before we get started, fill out the form below to access the short-form LBO model that goes along with our four-part video series.

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Purchase Price Assumptions [Part 1]

Introductory LBO Resources

Sources and Uses Table and Financial Forecast [Part 2]

LBO Capital Structure Basics Resources

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Cash Flow Statement (CFS) and Debt Schedule [Part 3]

Cash Flow Build and Debt Schedule Resources

Exit Assumptions and Returns Schedule [Part 4]

Returns Schedule (IRR and MOIC)

Private Equity Recruiting: LBO Modeling Tests

If you're preparing for upcoming private equity interviews, review our set of free practice LBO modeling tests – as well as consider enrolling in our Private Equity Masterclass, the top private equity training program available in the market.