Occurs when a private equity firm purchases a targeted firm and turns around and sells it in an IPO within a short time period. This typically occurs in a leverage buyout situation where the equity firm will take out loans or perform other actions to increase its own financial status.
Related information about buy, strip and flip:
- Buy, Strip And Flip Definition | Investopedia
When a private equity firm buys out a target firm (usually with a leveraged buyout) and then sells the target firm in an IPO within a relatively short period of time.
- Buy, Strip And Flip: Definition from Answers.com
Buy, Strip And Flip When a private equity firm buys out a target firm (usually with a leveraged buyout) and then sells the target.
- What is buy, strip and flip? definition and meaning
Definition of buy, strip and flip: Occurs when a private equity firm purchases a targeted firm and turns around and sells it in an IPO within a short time period.
- The Big Apple: Strip and Flip (Strip 'n' Flip)
Aug 10, 2009 ... Buy, Strip And Flip When a private equity firm buys out a target firm (usually with a leveraged buyout) and then sells the target firm in an IPO ...
- The Secret World of Private Equity
Critics of leveraged buyouts call it the "buy, strip and flip" business model— buying mature companies with a small equity investment and leveraging up the ...
- Endorsement has no rational basis - DailyHerald.com
Oct 31, 2012 ... They used borrowed money to buy strip and flip other people's businesses to line their own pockets. Profit, not job creation was their goal.
- Rogue Columnist: President Romney? Part I
Jan 13, 2012 ... They don't use the words "buy, strip and flip" for nothing in private equity. The son is willing, eager really, to further drive people apart for his ...
- Was Mitt Romney Running His Own Bankruptcy Ring?
Sep 12, 2012 ... Critics of leveraged buyouts call it the “buy, strip and flip” business model— buying mature companies with a small equity investment and ...