A public offer made directly to a target's shareholders to buy their shares at a set price, bypassing a shareholder vote to acquire control quickly.
A transaction where a company raises new debt to pay a special dividend to its owners, returning cash without selling the business.
Deferred purchase price paid to a seller only if the acquired business hits agreed performance targets after close — a way to bridge valuation gaps.
An acquisition strategy that combines many small companies in a fragmented industry into one larger platform to gain scale and a higher exit multiple.
The acquisition of a company financed mostly with borrowed money, where the target's own cash flow and assets secure and repay the debt.
The portion of a seller's proceeds reinvested into the buyer's new entity instead of taken in cash, keeping the seller invested alongside the acquirer.