Filing Flows › Everpure (P) › Takeover & LBO
Is Everpure (P) a takeover target?
A leveraged buyout at today's price plus 30% ($165.07 a share) would return a loss of about 1% a year to a private-equity buyer over 5 years; the most a buyer could pay for a 20% return is $68.82 a share (−46% against today's $126.98). Historically 2.9% of companies with its figures were bought within a year (0.58× the average).
The buyout, step by step
| Entry | Amount | How |
|---|---|---|
| Offer price a share | $165.07 | today's $126.98 plus 30% |
| × shares | 345.6 million | |
| = Equity value | $57.0B | |
| + Debt refinanced | $0 | |
| − Cash | $386M | |
| = Enterprise value | $56.7B | 147.5× EBITDA of $384M |
| Fees | $1.1B | 2% of the price |
| New debt | $2.1B | 5.5× EBITDA at 7.65% a year; the limit that binds: 5.5× EBITDA |
| Buyer's own money | $55.7B | 96% of the cost |
5 years under the buyer
| Year | Revenue | EBITDA | Interest | Free cash flow | Debt left |
|---|---|---|---|---|---|
| Year 1 | $4.6B | $415M | $162M | −$114M | $2.2B |
| Year 2 | $4.9B | $443M | $170M | −$115M | $2.3B |
| Year 3 | $5.2B | $467M | $179M | −$115M | $2.5B |
| Year 4 | $5.4B | $487M | $188M | −$114M | $2.6B |
| Year 5 | $5.6B | $502M | $197M | −$114M | $2.7B |
The exit and the buyer's return
| Exit | Amount | |
|---|---|---|
| Exit multiple | 113.2× EBITDA | today's trading multiple, before any premium |
| Enterprise value at exit | $56.8B | |
| − Debt left | $2.7B | |
| = Buyer's equity | $54.1B | |
| Money multiple | 0.97× | on $55.7B put in |
| Buyer's yearly return (IRR) | −0.6% |
Price against return
What the buyer makes at other premiums over today's $126.98; the IRR reaches 20% at $68.82 a share.
| Premium | Price a share | Buyer's IRR |
|---|---|---|
| 10% | $139.68 | 3.0% |
| 20% | $152.38 | 1.1% |
| 30% | $165.07 | −0.6% |
| 40% | $177.77 | −2.1% |
| 50% | $190.47 | −3.5% |
The figures used
| Figure | Amount | |
|---|---|---|
| Revenue, last 12 months | $4.3B | |
| EBITDA, last 12 months | $384M | 9.0% of revenue |
| Depreciation and amortization | $160M | |
| Capital spending | $300M | |
| Debt | $0 | |
| Cash | $386M | |
| Share price | $126.98 | on Oct 30, 2026 |
Fixed rules, the same as the interactive view's starting point: the shares are bought at today's price plus 30%, the company's debt is refinanced and fees take 2%. New debt is the least of 5.5× EBITDA, 65% of the price and the amount whose interest EBITDA covers 2 times, at 7.65% a year (SOFR 3.89% plus the high-yield B spread 3.26% plus 0.5%, rates of Oct 15, 2026). Revenue grows 8.0% in the first year — the company's own rate, held between −3% and +8% — fading to 3% by year 5; the EBITDA margin, depreciation and capital spending stay at today's share of revenue; working capital takes 10% of each year's added revenue; tax is 12% of profit after interest. Every dollar of free cash flow repays debt. After 5 years the buyer sells at today's multiple of EBITDA.
What a takeover could cost
Takeovers in its sector paid a median premium of 30% over the share price before the deal (the middle half 12% to 31%), according to the 14 merger proxies and tender-offer responses on EDGAR that state a premium. At the median, Everpure would cost about $165.07 a share, $57.0B for all its shares.
| Premium | % | Price a share | All shares |
|---|---|---|---|
| Low end (a quarter of deals paid less) | 12% | $142.22 | $49.1B |
| Median | 30% | $165.07 | $57.0B |
| High end (a quarter paid more) | 31% | $166.34 | $57.5B |
The odds, from history
Historically 2.9% of companies with its figures were bought within a year (0.58× the average). Its figures put it in decile 2 of 10 (10 = the most likely to be bought). The odds come from a model of every merger proxy, tender-offer response and going-private statement filed on EDGAR since 2011, set against each company's size, margins, debt, cash flow and growth the year before.
Everpure's latest quarter
Everpure, Q2 FY27: revenue $1.2B (+38% year over year), operating margin 5.3%, net earnings $74.1M, operating cash flow −$136M. The chart follows the revenue to costs, profit and cash.
Questions
Is Everpure being acquired?
No headline, 8-K or 13D about a sale is on file in the last year.
Could private equity buy Everpure?
A leveraged buyout at today's price plus 30% ($165.07 a share) would return a loss of about 1% a year to a private-equity buyer over 5 years; the most a buyer could pay for a 20% return is $68.82 a share (−46% against today's $126.98).
What would a takeover of Everpure cost?
Takeovers in its sector paid a median premium of 30% over the share price before the deal (the middle half 12% to 31%), according to the 14 merger proxies and tender-offer responses on EDGAR that state a premium. At the median, Everpure would cost about $165.07 a share, $57.0B for all its shares.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.