Exit Waterfall Excel Template
Free Excel Financial Model Download
Distribution waterfall across debt, preferred and equity at exit.
Other examples (27 models)
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About this exit waterfall schedule
An exit waterfall schedule allocates transaction proceeds across debt, preferred equity, common equity, management rollover, and other claimants at exit. It shows who receives cash first and how value flows through the capital structure.
Use this free Excel exit waterfall schedule preview to compare distribution waterfall layouts and proceeds allocation logic. It is useful for LBO models, venture-backed cap tables, structured credit, real estate funds, and any model with multiple layers of capital.



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.
Frequently asked
What does the Exit Waterfall schedule do?+
An exit waterfall schedule allocates transaction proceeds across debt, preferred equity, common equity, management rollover, and other claimants at exit. It shows who receives cash first and how value flows through the capital structure.
When should I use a Exit Waterfall schedule?+
Use this free Excel exit waterfall schedule preview to compare distribution waterfall layouts and proceeds allocation logic. It is useful for LBO models, venture-backed cap tables, structured credit, real estate funds, and any model with multiple layers of capital.
What is included on this Exit Waterfall schedule page?+
The page includes a live Excel preview, source model examples, sheet-name variants, and related schedules for the exit waterfall workflow.
Can I download the workbook behind this Exit Waterfall example?+
Yes. Use the download button or open one of the linked source models to download the full Excel workbook that contains this schedule.
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