Univision Communications

exited

Media — Saban / Madison Dearborn / Providence / TPG / THL

Deal Terms

Entry Year2007

Entry EV$13.7B

Entry Multiple14x

Leverage7x

Debt Amount$7.4B

Outcome

Exit Year2020

Risk Metrics

LTV (est.)54%

Debt / EV0.54x

Notes

$13.7B LBO (2007) — one of the biggest media deals. $7.4B debt still on books in 2018. IPO attempted multiple times — never happened. Sold majority stake to Searchlight/ForgeLight for under $10B (2020). PE consortium held for 13 years, never went public, lost money.

Sponsor

TPG Inc.$230B AUM