Buy, Strip and Flip
Buy, Strip and Flip is a term that refers to a situation when a private equity company buys out another company, and sells that firm afterwards, within a short period of time.
When a private equity company buys out a target firm, it usually owns and manages it for only a year or two. In the meantime, private company improves its management and financial situation, creates a successful company, and then sells it in an IPO.
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