SALE TO A STRATEGIC BUYER
Total or partial sale of the business to a company in the same industry or a related field. This transaction allows the buyer to generate synergies and maximize the selling price.
SALE TO A PRIVATE EQUITY FUND
Sale of the company to a financial buyer. Often structured as a Leveraged Buy-Out (LBO) operation, this type of transaction can also allow certain important managers to participate in the shareholding of the company after the sale.
MANAGEMENT BUYOUT (MBO)
Transaction whereby the controlling shareholder transfers a portion of the capital while maintaining voting control of his company. This arrangement is specifically adapted to allow the management team to benefit from the added value of the company after the transaction.