De M&A-wereld gebruikt enorm veel afkortingen, welke de adviseurs zeer graag gebruiken. Om niet overweldigd te raken door deze termen waar de investeerder of adviseur zijn op deze pagina de meest voorkomende afkortingen weergegeven. Gezien de origine van deze afkortingen in het Engels is zijn de Engelse definities weergegeven. Als er iets ontbreekt laat het dan weten in de reacties hieronder!
| ABBREVIATION | DEFINITION |
|---|---|
| APA | Asset purchase agreement |
| BP | Business plan |
| BS | Balance sheet |
| BU | Business unit |
| CAGR | Compound annual growth rate |
| CAPEX | Capital expenditures |
| CCC | Cash conversion cycle |
| CDD | Commercial due diligence |
| CF | Cash flow |
| CGT | Capital gains tax |
| CIM | Confidential information memorandum |
| CIT | Corporate income tax |
| COC | Change of control |
| COGS | Cost of goods sold |
| COS | Cost of sales |
| D&A | Depreciation & amortization |
| DCF | Discounted cash flow |
| DD | Due diligence |
| DIO | Days inventory outstanding |
| DPO | Days payable outstanding |
| DSO | Days receivable outstanding |
| DTA | Deferred tax asset |
| DTL | Deferred tax liability |
| EBIT | Earnings before interest and taxes |
| EBITDA | Earnings before interest, taxes, depreciation and amortization |
| ERP | Enterprise resource planning |
| EV | Enterprise value |
| FC | Forecast |
| FCF | Free cash flow |
| FDD | Financial due diligence |
| FS | Financial statements |
| FTE | Full time equivalent |
| FY | Fiscal year |
| GAAP | Generally accepted accounting principles |
| HOA | Heads of agreement |
| HR | Human resource |
| IC | Investment committee or intercompany |
| IFRS | International Financial Reporting Standards |
| IM | Information memorandum |
| IOI | Indication of interest |
| IPO | Initial public offering |
| IRS | Internal revenue service |
| JV | Joint-Venture |
| KPI | Key performance indicator |
| LB | Locked box |
| LBO | Leveraged buy out |
| LFL | Like-for-like |
| LOI | Letter of intent |
| LTM | Last twelve months |
| MA | Management accounts |
| M&A | Mergers & Acquisitions |
| MAC | Material adverse change |
| MAE | Material adverse event (or effect) |
| MBI | Management buy in |
| MBO | Management buy out |
| MOU | Memorandum of understanding |
| MP | Management presentation |
| MRR | Monthly recurring revenues |
| MT | Management team |
| NAV | Net asset value |
| NBO | Non-binding offer |
| NDA | Non-disclosure agreement |
| NOPLAT | Net operating profit less adjusted taxes |
| NWC | Net working capital |
| OPEX | Operating expenses |
| PBT | Profit before taxes |
| PE | Private equity or Price-to-earnings |
| PF | Pro forma |
| PL | Profit- and loss account |
| PMI | Post-merger integration |
| PSA | Purchase and sale agreement |
| Q&A | Questions & Answers |
| R&D | Research & Development |
| R&M | Repair & Maintenance |
| RR | Run-rate or recurring revenues |
| SLA | Service level agreement |
| SPA | Share purchase agreement |
| SWOT | Strengths, weaknesses, opportunities and threats |
| TDD | Tax due diligence or Technical due diligence |
| TS | Term sheet |
| TSA | Transitional service agreement |
| TTM | Trailing twelve months |
| TWC | Trade working capital |
| USP | Unique selling point |
| VAT | Value added tax |
| VC | Venture capital |
| VDD | Vendor due diligence |
| VDR | Virtual data room |
| WACC | Weighted average cost of capital |
| WC | Working capital |
| YTD | Year-to-date |
| YTG | Year-to-go |