a management team from outside a company buys a majority of its shares, and then replaces the existing management.
The purchase of a business by an external management team. MBIs are riskier than management buy-outs, because the new management team is not as familiar with the business, but are still attractive to institutional or professional development capital investors because the new management team has a personal financial interest in the company's profitability.
A Management Buy In (MBI) involves a team with experience or skills relevant to the business buying it with the support of institutional or venture capital augmented by bank finance.
The acquisition of a company by a team of managers, usually specially formed for the purpose, often backed by a venture-capital organization. Their normal target is the small family-owned company, which the owners wish to sell, or occasionally an unwanted subsidiary or a public company.
Take-over of a company by external management.
An offshoot of the management buy-out industry. The purchase of a business by one or more outside managers with the help of a group of financial backers. Buy-ins are seen as being considerably riskier than buy-outs because they involve an outside management team which does not know the company well. Many deals are neither pure buy-ins nor buy-outs but Bimbos (qv).
Purchase of a business by an outside team of managers who have found financial backers and plan to manage the business actively themselves.
Purchase of a troubled company by investors who offer a new set of managers.
Where an external management team buys the business.
The same as an MBO except that the management team making the acquisition are not the present managers of the target company.
The takeover of a company (with or without leverage) by a team of managers from outside the company.
Refers to the purchase of a large and often controlling interest in a company by an outside investor group that chooses to retain existing management. The outside investors may be venture capitalists that believe in the future of the company's products, services and management. Usually the investor group places its representatives on the board of directors to monitor the progress of the company.
A management buyin (MBI) occurs when a manager or a management team from outside the company raises the necessary finance, buys it and becomes the company's new management. A management buy-in team often competes with other purchasers in the search for a suitable business. Usually, the team will be led by a manager with significant experience at managing director level.