Below we will show some of the well-known Management Buy Out operations of the last few years. MBO sales usually have an interesting component, as seen from the outside, the change that the company in this situation has undergone is hardly noticeable.
Two managers of the private equity firm Uninvest acquired 33% of the company in 2015 through an MBO transaction, while the Swiss fund Springwater bought the remaining 66%, providing an exit for the three owner universities.
This operation was necessary to enable the fund manager to raise public funds from the ICO, which had limited its investment to private equity managers and funds.
In 2015 LetsBonus announced that its management team had completed a Management Buy Out transaction whereby the company's CEO, Juan Luis Rico, and Chief Financial Officer, Joan Pina, acquired the company's assets in Spain, Portugal, Italy and Chile, which were held by the LivingSocial group, a company in which Amazon has a 31% stake.
Carlyle acquired 100% of Telvent Global Services (TGS), its data centre and technology infrastructure management subsidiary, from Telvent GIT in an MBO completed in conjunction with the company's management team. The US fund made the purchase through Carlyle Europe Technology Partners III, its European telecommunications and technology fund.
If you are not yet familiar with MBO sales, we recommend that you go to "What is an MBO?The report explains its advantages, stages and what to look out for.