Value creation · interactive model

Where the return
is actually made.

Pick a company, choose the initiatives, and watch how added EBITDA, not financial engineering, drives exit value and return. The exit multiple is held flat on purpose. Figures are illustrative and simplified.

Vertical SaaS · ports & tradeTangier & the Gulf
$18mRevenue
$4.5mEntry EBITDA
10xEntry multiple
$9mNet debt
Exit multiple re-ratingtest a re-rating
Value creation initiativesadded EBITDA
$4.5m $7.9m
EBITDA at entry and exit
+$3.4m
EBITDA added by initiatives
2.2x
Gross MOIC
17%
Gross IRR
Operational alpha drives 79% of the equity gain
Operational (EBITDA growth)
79%
Multiple re-rating
0%
Leverage (debt paydown)
21%
Equity value bridgeentry $36m to exit $79m
Entry equity
$36m
EBITDA growth
+$34m
Multiple re-rating
$0
Debt paydown
+$9m
Exit equity
$79m
Exit multiple held flat at 10x. No re-rating assumed, so the return comes purely from operations and deleveraging. Figures are illustrative and simplified.
How to read it

Every dollar of new EBITDA is worth roughly the entry multiple in enterprise value, and lands straight in equity. Debt paydown does the rest. Notice that the multiple never moves. When you own for the long term, this is the only engine you control, so it is the one worth building.

Next step

Considering the
next chapter of your company?

We reply to every founder we hear from within two business days. The first conversation runs sixty minutes and is entirely off the record.