Secondary Sale Pro Forma
Private Equity Excel Template (Free Download)
Turn stake, buyer, valuation, timing, and tax assumptions into a secondary sale pro forma for pricing and liquidity decisions.
professionals from Deloitte
About this pro forma
This pro forma compares selling a private-company stake to strategic buyers, secondary funds, or direct buyers under different valuations and holding periods. The underlying Excel model provides the calculation engine; the pro forma presents gross value, taxes, and net proceeds for each holder.
Use it to assess liquidity options, compare buyer economics, test 1x to 2x cases, and understand how discounts and timing affect proceeds.
What every model includes
Live formulas, no hardcoded values
Outputs are driven by live formulas, so the workbook updates from its assumptions instead of relying on hardcoded results.
All assumptions in one tab
Inputs are clearly marked in the Assumptions tab and separated from calculations, making it clear what to change and what to leave intact.
Statements always balancing
For integrated-statement models, the balance sheet, cash flow, and supporting schedules tie through properly.
Distinct schedules for clarity
Debt, working capital, taxes, and cash flow can get messy quickly. We group calculations in clear schedules, not across disconnected tabs.
No hidden macros or external links
There are no unexplained external workbook links or macros to undermine auditability or portability.
Changes flow through the model
Update a key driver and see the impact carry through the forecast, financing, and return outputs. We never use hardcoded numbers in formulas.
What's inside the Secondary Sale Pro Forma
- Buyer profile and valuation comparisons
- Company-stage pricing range projections
- Holding period and exit multiple scenarios
- Tax impact and net proceeds by holder
- Secondary pricing trend and benchmark inputs
- Downside, base, and upside sale comparisons
Formatted to IB standards
Named theme colors repaint the whole workbook in one click, on top of an investment-banking structure with clear input, output, and cross-sheet reference styling - brand-ready, institutional-grade, and fully auditable.
Created by ex-finance professionals
Hey, I’m Alex and I created Finamodel.
Over my years in the finance industry I kept building the same models over and over again. Same structure, same assumptions, different logo. So I started building frameworks to turn them into clean, reusable templates.
Every model here is one I’d actually use for a client, and I personally vet each one before it goes up.
I’m not an expert in every industry, but I’ve built enough models to know what belongs in one. And when something is completely foreign to me, I reach out to my network for experts to work on our models with us.
Having a template library on hand cuts a first build from hours to minutes.
Need help finding your model? You’ll find me in the Finamodel app!
Frequently asked
What does it compare?+
It compares buyer types, valuations, holding periods, exit multiples, taxes, and net proceeds.
Can it show different buyers?+
Yes. Strategic, secondary fund, and direct buyer cases are evaluated side by side.
Are taxes included?+
Yes. Tax assumptions flow through to projected net proceeds for each holder.
Who uses it?+
Founders, employees, investors, advisors, and buyers use it for liquidity analysis.
Have more financial modelling questions? Contact us
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