Leveraged Buyout

A Leveraged Buyout (LBO) is an acquisition in which a buyer uses a significant amount of borrowed money (secured and/or unsecured) to fund the purchase price, with the target’s cash flows and assets often supporting the debt. In private equity, a Leveraged Buyout (LBO) aims to amplify equity returns through Leverage (Debt), and Leveraged Buyout (LBO) structures are sensitive to interest rates, covenants, and operating performance.

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Ryan Roberts Startup Lawyer
Ryan Roberts is a startup lawyer with more than two decades of experience advising on venture financings and M&A transactions totaling more than $1 billion. He is the author of the Amazon bestselling startup law book Acceleration.