Search Fund Jargon Translator

Clear, plain-English definitions of ETA and dealmaking terms, with practical notes and examples.

All A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
All categories Asset Types Capital Structure Core Concepts Deal Terms Diligence Financial Metrics Fund Structures Legal Lending Process Returns Risk Management Sourcing Strategy

Platform Acquisition

The initial acquisition made by a private equity firm or search funder, with the intention of using it as a base for future add-on acquisitions in the same industry.

Add-on Acquisition

A smaller acquisition made by a platform company to expand its geographic reach, product offerings, or capabilities.

Multiple Arbitrage

The value creation strategy of acquiring smaller companies at a low valuation multiple and combining them into a larger entity that can be sold at a higher multiple.

Roll-up Strategy

A strategy of acquiring and merging multiple small companies in the same fragmented market to create a single, larger, and more valuable company.
Showing 1 to 4 of 4 terms