BIMBO /‘buy-in management buy-out’ Definition | Legal Glossary | LexisNexis
Powered by Lexis+®
  Case studies

"A lot of the work that I do is historic-the maximum sentences change at different points of time. It's really complicated and people get it wrong all the time. That's when having a timeline is really useful."

1 High Pavement


Access all documents on BIMBO /‘buy-in management buy-out’

GET ACCESS NOW

GLOSSARY

BIMBO /‘buy-in management buy-out’ definition

What does BIMBO /‘buy-in management buy-out’ mean?

A BIMBO enables a company to re-shuffle its allocation of share capital to bring about a change in management. Internally, a group of managers will acquire enough share capital to ‘buy out’ the company from within. An outside team of managers will simultaneously ‘buy in’ to the company management. Both parties may require financial assistance from venture capitalists in order to achieve this end.

Speed up all aspects of your legal work with tools that help you to work faster and smarter. Win cases, close deals and grow your business–all whilst saving time and reducing risk.