Definition - What does Add-On Acquisition mean?
Divestopedia explains Add-On Acquisition
Unlike a bolt-on or a tuck-in, an add-on acquisition can also refer to the acquisition of a larger company that provides diversification to an existing business. The add-on business could have strong infrastructure and management teams, and in some instances might be seen as a synergistic purchase by an acquirer. In this case, an add-on acquisition could fetch a premium valuation in the marketplace.
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