NewCo
Business & Finance abbreviation · Finance
| Stands for | New company |
|---|---|
| Categories | Business & Finance |
NewCo stands for New company, a finance abbreviation.
Newly formed company created for a specific transaction, such as acquiring a target, holding a spun-off business or combining two merging companies. The name serves as a placeholder in deal documents until a permanent name is chosen.
Example: At closing, both companies will merge into NewCo, which will list its shares in New York.
Usage notes
Bidco, Topco and Midco are related placeholder names used in UK and European buyout structures to describe the layers of acquisition vehicles. Also written Newco or newco.
Related abbreviations
More finance abbreviations
- M&A – Mergers and acquisitions
- MAC – Material adverse change
- MBO – Management buyout
- MIRR – Modified internal rate of return
- MOIC – Multiple on invested capital
- MRR – Monthly recurring revenue
- NOPAT – Net operating profit after tax
- NPV – Net present value
- NTM – Next twelve months
- NWC – Net working capital
- OCF – Operating cash flow
- OpCo – Operating company