buyouts
Purchasing controlling stakes
Buyouts are purchases that transfer ownership or control—typically of a company or someone's stake in one.
A management buyout occurs when executives purchase the company they run.
A leveraged buyout uses borrowed money to finance the acquisition.
Buyout also refers to paying someone to relinquish a position or contract: The team negotiated a buyout with their underperforming coach.
Assuming command of something
- acquisitionAct of obtaining something
- LBODebt-funded acquisition
- hostile takeoverUnwanted corporate buyout attempt
- friendly takeoverNegotiated company acquisition
tender offer · corporate raid · white knight · poison pill · golden parachute · proxy fight · controlling interest · due diligence
Capital for unlisted companies
- venture capitalStartup growth financing
- stakeSharpened post or share
- ownershipLegal right of possession
- shareholdersOwners of company stock
institutional investors · angel investors · funding · capital · securities · hedge fund · pension fund · sponsor
Disposal of assets
- downsizingReducing workforce or scale
- layoffsMass job eliminations
- cost-cuttingReducing expenditures deliberately
- streamliningMaking more aerodynamic or efficient
reorganization · consolidation · turnaround · bankruptcy · workforce reduction · redundancy · outsourcing · spin-off
Added cost for better
- valuationAssessment of monetary worth
- assetsOwned items of value
- synergyCombined effect exceeding components
- leverageBorrowed capital for amplified returns
debt financing · purchase price · multiple · EBITDA · cash flow · book value · goodwill · dilution
takeover
Assuming command of something
- acquisitionAct of obtaining something
- LBODebt-funded acquisition
- hostile takeoverUnwanted corporate buyout attempt
friendly takeover · tender offer · corporate raid · white knight · poison pill · golden parachute · proxy fight · controlling interest · due diligence · deal
private equity
Capital for unlisted companies
- venture capitalStartup growth financing
- stakeSharpened post or share
- ownershipLegal right of possession
shareholders · institutional investors · angel investors · funding · capital · securities · hedge fund · pension fund · sponsor · general partners
divestiture
Disposal of assets
- downsizingReducing workforce or scale
- layoffsMass job eliminations
- cost-cuttingReducing expenditures deliberately
streamlining · reorganization · consolidation · turnaround · bankruptcy · workforce reduction · redundancy · outsourcing · spin-off · integration
premium
Added cost for better
- valuationAssessment of monetary worth
- assetsOwned items of value
- synergyCombined effect exceeding components
leverage · debt financing · purchase price · multiple · EBITDA · cash flow · book value · goodwill · dilution · accretion
- financebank, CFO, banks, controller, finance
- corporate strategymergers, acquisitions, divestitures, divestiture, synergies
- business consolidationmerger, mergers, acquisition, acquisitions, takeover
- entertainment businessrecording contract, movie deal, book deal, development deal, talent deal
- private equityLBO, general partner, general partners, limited partner, dry powder
- laborlabor, labor union, work, labor force, laborers
buyoutssell-offs
Mass rapid asset disposals
divestitures · selloffs · spin-offs · asset sales · disposals
buyoutsIPOs
First public share sales
initial public offerings · startups · seed funding · public offerings · flotations