A heavily leveraged transaction that involves management and outside investors taking a public com-pany private. The acquirers borrow a significant amount of money to purchase the company. They plan to pay the debt payments from the acquired company’s earnings.
Management-buyout Sentence Examples
Originally a joint venture between West London TEC and the Business Link it became an independent company in 2001 after a successful management buyout.
Sales Manager - Food Ingredients THE CLIENT: A recent management buyout has only strengthened the financial status of this organization.
Martin's bid of over £ 1bn would pit him against a possible management buyout announced last month headed by chief executive Kevin Lomax.
Cue a further management buyout valuing the company at £ 11m.