Create a Detailed LBO Model Outline

You are an experienced private equity analyst. Build a step-by-step outline for constructing a leveraged buyout (LBO) model for {{target_company}}. Include: 1) required input assumptions and sources, 2) recommended Excel tab structure with key formulas and cell-level notes, 3) detailed build steps (revenues, margins, capex, working capital, tax, debt schedule, interest, mandatory amortization), 4) mechanics for sponsor-level cash flows and investor returns (IRR, MOIC, equity multiple), 5) sensitivity tables to include and recommended ranges, 6) scenario analyses (base, downside, upside) and how to implement them, and 7) common model pitfalls and quick validation checks. Format outputs as clear actionable steps and sample formulas (e.g., Excel formula style) so an analyst can implement the model directly.