Focus of the report is to analyse the feasibility of private equity's leverage buyout of "Toys R Us", looking at its cashflow generation from different business lines, debt financing for the leverage buyout and the industrial tailwinds / headwinds of the toys industry 1. Business overview - breaking down the global segment of TRS business revenues 2. Industry - seasonality of toys purchases, growing competition from ecommerce and niche segments of growth in the infant segment 3. SWOT analysis - breaking down the industry trends and identifying TRS' standing 4. Transaction overview - portfolio synergy with the private equity's capabilities and existing portfolio 5. Debt leverage - analyse the use of different tranches of debt, and TRS' ability to payoff the debt obligation 6. Scenario analysis - analysing different scenarios of cashflow generation, to stress test and deem if the company can meet obligations in worst case scenario 7. Due diligence - questions to ask TRS management team upon purchase 8. Potential exits - different options for the funds to dispose TRS after acquisitions such as an IPO, block trade