A buyout is generally the acquisition of an established & mature company with positive cashflows. Buyouts of such companies normally include change of control & ownership to the new owner. Buyouts can span investments in small, mid-sized or large companies. A buyout is typically when a private equity firm comes in and take ownership of a public or private company by buying part or all of its equity. The PE firm’s aim is to improve how a company is managed during their ownership and provide resources & guidance for long-term strategic planning and execution.