Define: Private Equity backed (PEB)
Private Equity backed (PEB) means firms where institutional venture capital investors have held at least a 30% stake for a minimum two-year period.
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
Private Equity backed (PEB) means firms where institutional venture capital investors have held at least a 30% stake for a minimum two-year period.
Relevant Circumstances
- When eligibility for a programme is restricted to PE-backed companies
- If reporting or benchmarking treats PE-backed firms as a defined subset
- Where ownership-and-tenure tests determine whether a company is PEB