MBI (Management Buy-In)

LBO on a company led by one or several external managers backed by private equity investors.

MBO (Management Buy-Out)

LBO on a company led by its management team and backed by private equity investors.

Mezzanine

Form of financing completing or replacing senior debt under the form of instruments potentially giving access to capital (eg. convertible bonds).

Multiples

Coefficients applied to certain financial indicators of a company (EBIT, net income, etc.) in order to value the company.