LBO Exit Valuation for XYZ Corp

ABC Capital is evaluating a leveraged buyout (LBO) of XYZ Corp, a medium-sized manufacturing company. The firm's management team has provided the following financial projections for the next five years:

- Year 1 EBITDA: $5 million

- Year 2 EBITDA: $6 million

- Year 3 EBITDA: $7 million

- Year 4 EBITDA: $8 million

- Year 5 EBITDA: $9 million

Assuming that the exit multiple is 7x the Year 5 EBITDA, and the company is projecting to take on $20 million in debt to fund the LBO, what is the total equity value that ABC Capital can expect at exit if they maintain a 100% ownership stake?