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Industry LBO execution

How to model an LBO for UK Packaging assets

Direct answer

For UK Packaging buyouts, the LBO model should anchor on ebitda per ton shipped and explicitly stress resin and paper cost inflation plus customer contract renegotiation. Underwriting quality comes from converting operating assumptions into cash conversion cases, then testing debt service under downside, base, and control-upside scenarios.

Core risk factors

  • Resin and paper cost inflation
  • Customer contract renegotiation
  • Capacity utilization drift

Execution baseline

Metric to anchor underwriting: EBITDA per ton shipped

Modelling focus: Input cost and volume stress tests

Move from theory to execution

This guide is an orientation layer. The Principal Programme runs these judgments on a target universe you chose, with written deliverables and a live investment committee vote.