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Growth Buyout
A growth buyout (GBO) is an acquisition intended to allow an investor or holding company to capitalize on the market growth of a maturing portfolio company. Characteristics Growth buyouts often target profitable portfolio companies in industries with a high potential for growth. These acquisitions are financed through a combination of debt and equity. Cambridge Associates defines growth buyouts as being a highly growth oriented form of private equity strategy, in contrast to more leverage-oriented strategies like leveraged buyouts (LBO). The holding company in growth buyout transactions seeks to create revenue growth in the portfolio company by expanding market share. This model has also been called "buy and build". Typically this market growth is achieved through strategies like such as acquisitions and the expansion of product lines and distribution. During a growth buyout, the holding company often acquires a large stake or even a controlling interest in the portfolio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holding Company
A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share capital, stock of other companies to create a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding Share capital, stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' uses the term ''parent holding company''. Holding companies can be subsidiaries in a Subsidiary#Tiered subsidiaries, tiered structure. Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Frazier Healthcare Partners
Frazier Healthcare Partners is a healthcare private equity and venture capital firm based in Seattle, Washington with offices in Menlo Park, California that invests across the U.S., Canada and Europe. The firm specializes in leveraged buyout A leveraged buyout (LBO) is the acquisition of a company using a significant proportion of borrowed money (Leverage (finance), leverage) to fund the acquisition with the remainder of the purchase price funded with private equity. The assets of t ...s, growth equity and venture capital financing. Background Frazier Healthcare Partners was founded by Alan D. Frazier in 1991. With over $7.1 billion total capital raised, the firm has invested in over 200 companies and currently manages a portfolio of approximately 40 companies across healthcare services and life sciences sectors. The firm’s Growth Buyout fund invests in healthcare and pharmaceutical services, medical products and related sectors. The Life Sciences fund invests in therapeu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mergers And Acquisitions
Mergers and acquisitions (M&A) are business transactions in which the ownership of a company, business organization, or one of their operating units is transferred to or consolidated with another entity. They may happen through direct absorption, a merger, a tender offer or a hostile takeover. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is the legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. Most countries require mergers and acquisitions to comply with antitrust or competition law. In the United States, for example, the Cl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Equity
Private equity (PE) is stock in a private company that does not offer stock to the general public; instead it is offered to specialized investment funds and limited partnerships that take an active role in the management and structuring of the companies. In casual usage "private equity" can refer to these investment firms rather than the companies in which they invest. Private-equity capital (economics), capital is invested into a target company either by an investment management company (private equity firm), a venture capital fund, or an angel investor; each category of investor has specific financial goals, management preferences, and investment strategies for profiting from their investments. Private equity can provide working capital to finance a target company's expansion, including the development of new products and services, operational restructuring, management changes, and shifts in ownership and control. As a financial product, a private-equity fund is private capital ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Divisional Buyout
A divisional buyout or carveout, in finance, is a transaction in which a corporate division, business unit, or subsidiary is acquired using the same financial structuring as a leveraged buyout. Typically, in these transactions, the financial sponsor will turn the acquired business into a standalone company, necessitating the creation of certain functions that were formerly provided by the parent company. Divisional reverse leveraged buyout (D-RLBO) A D-RLBO is a leveraged buyout of a division or subsidiary that subsequently comes to trade on the public markets. From the point of view of a divesting firm, the D-RLBO permits the sale of a subsidiary to its management and/or private investors who subsequently restructure its assets and capital structure to enhance overall firm value. Avon Products Inc. provides an example. Avon divested specialty jeweler Tiffany & Co. to private equity investors who subsequently accomplished an initial public offering An initial public o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Management Buyout
A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management- and/or leveraged buyouts became noted phenomena of 1980s business economics. These so-called MBOs originated in the US, spreading first to the UK and then throughout the rest of Europe. The venture capital industry has played a crucial role in the development of buyouts in Europe, especially in smaller deals in the UK, the Netherlands, and France. Overview Management buyouts are similar in all major legal aspects to any other acquisition of a company. The particular nature of the MBO lies in the position of the buyers as managers of the company and the practical consequences that follow from that. In particular, the due diligence process is likely to be limited as the buyers already have full knowledge of the company available to them. The seller is also unlikely to give any but the most ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
General Atlantic
General Atlantic, legal main entity General Atlantic Service Company, L.P., (also known as "GA") is an American growth equity firm providing capital and strategic support for global growth companies, headquartered in New York, United States. The firm was founded in 1980 as the captive investment team for Atlantic Philanthropies, a philanthropic organization founded by Charles F. Feeney, the billionaire co-founder of Duty Free Shoppers Ltd. As of November 2021, General Atlantic has over $86 billion in assets under management and focuses on investments across five sectors, including Technology, Consumer, Financial Services, Healthcare, and Life Sciences. The firm has 185 investment professionals based in New York City, Stamford, Palo Alto, São Paulo, London, Munich, Amsterdam, Beijing, Hong Kong, Mumbai, Shanghai, Mexico City, Singapore, and Jakarta. In June 2023, General Atlantic were ranked ninth in Private Equity International's PEI 300 ranking of the largest privat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SP Plus Corporation
SP Plus Corporation is an American provider of parking facility management services. It is a provider of parking, baggage handling, ground transportation, facility maintenance, event logistics, and security services across the United States and Canada. Until December 2013, it was known as Standard Parking Corporation. The company employs more than 26,000 people to manage 4,200 parking facility locations, as well as parking and shuttle bus operations at 75 airports. It is wholly owned by Metropolis Technologies, Inc. History Standard Parking began in 1929 in Chicago, Illinois, where it was operated by David and Benjamin Warshauer as a family owned and controlled business. The business operated under the corporate name of Standard Parking Corporation from 1981 until 1995, at which time it was reconstituted as a limited partnership named Standard Parking, L.P. March 1998, Standard Parking merged with APCOA, Inc., forming APCOA/Standard Parking, Inc. In April 2003, APCOA/Standard Pa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Metropolis Technologies
Metropolis Technologies is an American technology company headquartered in Santa Monica, California. As of 2024, it is the largest parking operator in North America. Founding and key people The company was founded in Venice, Los Angeles in 2017 by CEO Alexander Israel, with co-founders Travis Kell, Peter Fisher and Courtney Fukuda. In 2009, Israel co-founded and served as chief operating officer of ParkMe, a digital parking platform with a real-time database of parking information. ParkMe was acquired by traffic data company Inrix in 2015. Israel has been included on Los Angeles Business Journal's "20 In Their 20s" list, and the National Parking Association's "40 Under 40" list. In 2024, Ernst & Young named Israel "Entrepreneur of the Year" for Los Angeles. History The company uses computer vision and deep learning Deep learning is a subset of machine learning that focuses on utilizing multilayered neural networks to perform tasks such as classification, regression, an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kohlberg Kravis Roberts
KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is an American global private-equity and investment company. , the firm had completed private-equity investments in portfolio companies with approximately $710 billion of total enterprise value. Its assets under management (AUM) and fee paying assets under management (FPAUM) were $553 billion and $446 billion, respectively. KKR was founded in 1976 by Jerome Kohlberg Jr., and cousins Henry Kravis and George R. Roberts, all of whom had previously worked together at Bear Stearns, where they completed some of the earliest leveraged buyout transactions. Since its founding, KKR has completed a number of transactions, including the 1989 leveraged buyout of RJR Nabisco, which was the largest buyout in history to that point, as well as the 2007 buyout of TXU, which is currently the largest buyout completed to date. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Accel (company)
Accel, formerly known as Accel Partners, is a global venture capital firm. Accel works with startups in seed, early and growth-stage investments. The company has offices in Palo Alto, California and San Francisco, California, with additional operating funds in London, and India. History In 1983, Accel was founded by Arthur Patterson and Jim Swartz. The co-founders developed the firm's "prepared mind" investment philosophy based on the Louis Pasteur quote "chance favors the prepared mind", which they say requires "deep focus" and a disciplined and informed approach to investing. In 2005, Accel Partners under the leadership of Jim Breyer, invested $12.7 million in Facebook, valuing the company at $98 million. This investment became one of the most lucrative in venture capital history with Accel’s stake increasing to $8 billion by 2012. Investments and fundraises In January 2025, Accel raised $650 million early stage fund for startups in India and South East Asia Accel focuses ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Middle-market Company
A middle-market or mid-market company is one that is larger than a small business and smaller than a big business. Different authorities use different metrics to compare company sizes — some look at revenue, others at either asset size or number of employees — with the result that different authorities give different definitions of the "middle market". Definitions of the middle market are generally derived by dividing the United States economy into three categories: small business, middle-market, and big business. According to figures collected by the U.S. Census Bureau, the total revenue of all U.S. businesses in 2012 was roughly $32.6 trillion. The largest of these companies, which are big businesses with revenue of over $3 billion, make up roughly one-third of that total, and businesses with a revenue of under $100 million made up about another third of the total revenue. The middle market can thus be defined as the companies larger than small businesses but smaller than bi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
