Leveraged recapitalization – n : similar to an LBO, a transaction where a management team, sometimes partnering with an investor or investment firm, purchases a company, using debt to fund at least 50% of the purchase price. This type of liquidity event is typically seen in traditional bricks-and-mortar businesses with consistent cash flow to support debt service. Leveraged recapitalizations are also known as management buyouts (MBOs).

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Adapted from "The CompanyCrafters Entrepreneur's Dictionary"
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