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Accounting
Banking

Controlling Interest

The control that initiates from ownership of more than 50% of an entity's voting shares. A shareholder has controlling interest...

LBO

It stands for leveraged buyout; a transaction that involves the purchase (buyout) of a firm financed with a significant amount...

Mezzanine Fund

A private equity fund which focuses on mezzanine financing, i.e., it uses subordinated debt with some degree of equity participation…

Leveraged Buyout

A transaction that involves the purchase (buyout) of a firm financed with a significant amount of debt. The buyer uses...

Shell Corporation

A limited liability company and any business entity that has no significant assets or ongoing business activities/operations. Typically, shells have…

Self-Filings

Processes of going public by voluntarily following the rules that public companies follow and filing the documents they file. By…

Reverse Acquisition

The acquisition of public shell companies. It occurs when a private operating company acquires a public shell company which has…

Reverse Takeover

The acquisition of a public company by a private company so that the latter can become a public company without…

Reverse Merger

A merger with public shell companies. It is the merger of a private operating company into a public shell company…

Modified Internal Rate of Return

In relation to a fund/ a portfolio (also, private equity investments), it is the discount rate that equalizes the initial...