Exits, liquidity & investor returns · Core

Acquisition

Also called: company sale, M&A acquisition

ELI5

One company buys another.

Used in conversation

“The acquisition gives the buyer technology and customers.”

Definition

Purchase of a company, business or assets by another party.

Here “Acquisition” means: Purchase of a company, business or assets by another party.

Pitch context

You will see “Acquisition” in fundraising decks, data rooms, term sheets and investor conversations when the discussion reaches exits, liquidity & investor returns.

Why it matters: In exits, liquidity & investor returns, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Connected terms

Sources & evidence · 6

Direct term-level sources and supporting source families.