A Private Equity Firm is considering an IPO of Company B on…
A Private Equity Firm is considering an IPO of Company B on 12/31/2025. The key financials for Company B are provided in the Exam Handout. The lead underwriter on the deal believes the IPO could price at a 3x Enterprise Value / NTM Sales multiple with a 20% IPO discount. If so, what share price would the initial investors in the IPO pay?