{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"PrivateEquityInvestor.com","title":"The Add-Back Audit: How to Stress-Test Seller Adjustments Before You Underwrite","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/887fc9e6\"></iframe>","width":"100%","height":180,"duration":285,"description":"Before you underwrite a single turn of leverage, every seller adjustment in that EBITDA bridge deserves a rigorous line-by-line audit. This episode lays out a practical framework for stress-testing add-backs and arriving at a purchase-price-ready earnings figure that's yours — not the seller's.","thumbnail_url":"https://img.transistorcdn.com/9214PWmsBPZxl2pAZWiBTUUIE3Y9a83KpwsRpXw15bw/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS81YjNj/YWFkNzVkMWEwODVm/MzIwOTc0MTJmNWNj/NmZmMC5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}