Private Equity’s New Phase
Harvard Business Review
AUGUST 9, 2016
This phase was loosely called leverage buy out (LBO) from about 1979 to 1990 and included over 2,000 LBOs. These “buy, fix, manage, and then sell” PE firms were essentially umbrella holding companies while the acquired firms would become better managed before returning to the public market.
8 
Let's personalize your content