LBO firms seldom purchase a firm to use as a platform to undertake other leveraged buyouts in the same industry.

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LBO firms often purchase a firm to use as a platform to undertake other leveraged buyouts in the same industry. This is referred to as a "platform acquisition" and allows the LBO firm to use the resources and expertise of the acquired company to identify and acquire other targets in the same industry.

LBO Firms Seldom Purchase a Firm to Use as a Platform