“The $2 billion ... reduced $63 billion of debt to $27 billion ... something like a 3300% return”
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Said on Slate Money
“Thomas Bravo led the deal. The purchase price was $12.3 billion… financed with $4.6 billion in the syndicated first lien loan… 37% of the purchase price was funded with debt.”
The Real Eisman Playbook · Why Private Equity's Software Bet Is Going to Zero | The Weekly Wrap
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What was described
acquire Proofpoint for $12.3 billion using $4.6 billion syndicated first-lien loan (37% debt)
$12.3 billion purchase; $4.6 billion debt (37%)
Said nearby on the same subject
“Take the 150 billion off the 2 trillion in government debt… reduce debt by about 12% and save 8 billion a year”
♫
Said on Straight Talk with Mark Bouris
“Hardware brought in a much bigger 307 billion in revenue but with a gross margin of only 37 it produced about 113 billion in gross profits”
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Said on Great Business Stories
“Thomas Bravo led the buy-up. The purchase price was $10.4 billion… debt level is relatively low at $2.5 billion… 24% of the deal was funded with debt.”
♫
Said on The Real Eisman Playbook
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