{"id":4085,"date":"2023-04-21T10:09:27","date_gmt":"2023-04-21T08:09:27","guid":{"rendered":"https:\/\/www.conpair.de\/glossary\/"},"modified":"2023-04-24T10:51:58","modified_gmt":"2023-04-24T08:51:58","slug":"glossary","status":"publish","type":"page","link":"https:\/\/www.conpair.de\/en\/glossary\/","title":{"rendered":"Glossary"},"content":{"rendered":"\n<section id=\"\" class=\"glossar_archive section--gutter-top section--gutter-bottom\">\n    <div class=\"container\">\n        <div class=\"row\">\n            <div class=\"col-md-12\">\n                                    <p class=\"headline--section mb-3 fw-bold\">\n                        Glossary                        <span class=\"divider_color mt-2 d-block\" style=\"background-color:#C8DC4B;\"><\/span>\n                    <\/p>\n                    <p class=\"mb-3 mt-3 fw-light\">Here you will find the appropriate explanation for all industry-specific technical terms.<\/p>\n                            <\/div>\n        <\/div>\n    <\/div>\n\n            <div id=\"\" class=\"glossar_archive_taxonomies_and_search\">\n        <div class=\"container bg_gray\">\n            <div class=\"row\">\n                <div class=\"glossar-search-col col-md-12 pt-5\">\n                    <h2 class=\"h1 fw-bold mt-3 mb-5\">Search glossary<\/h2>\n                    <form id=\"blog-glossary-searchform\" role=\"search\" method=\"get\" class=\"search-form\" action=\"https:\/\/www.conpair.de\/en\/\" data-paste-to=\"#ajax-post-container\" data-paged=\"0\" data-post-type=\"glossar\">\n                        <label>\n                            <img decoding=\"async\" src=\"https:\/\/www.conpair.de\/wp-content\/themes\/conpair\/assets\/images\/loupe-gray.svg\" alt=\"\">\n                            <span class=\"screen-reader-text\">Search for:<\/span>\n                            <input type=\"search\" class=\"search-field\"\n                                   placeholder=\"Suchbegriff eingeben \u2026\"\n                                   value=\"\" name=\"s\"\n                                   title=\"Search for:\" \/>\n                        <\/label>\n                        <div class=\"submit-and-reset-container\">\n                            <a class=\"btn glossar-archive-reset-btn\" href=\"https:\/\/www.conpair.de\/en\/wp-json\/wp\/v2\/pages\/4085\/\">X<\/a>\n                            <input  type=\"submit\" class=\"search-submit btn btn-primary\"\n                                    value=\"Suchen\" \/>\n                        <\/div>\n                    <\/form>\n\n                <\/div>\n                <div class=\"col-md-12 glossar_archive_letter_box_container my-5\">\n                                            <div class=\"glossar_archive_letter_box letter_filter_a has-values\">\n                            <a href=\"#letter_box_a\">A<\/a>\n                        <\/div>\n                                            <div class=\"glossar_archive_letter_box letter_filter_b has-values\">\n                            <a href=\"#letter_box_b\">B<\/a>\n                        <\/div>\n                                            <div class=\"glossar_archive_letter_box letter_filter_c has-values\">\n                            <a href=\"#letter_box_c\">C<\/a>\n                        <\/div>\n                                            <div class=\"glossar_archive_letter_box letter_filter_d has-values\">\n                            <a href=\"#letter_box_d\">D<\/a>\n                        <\/div>\n                                            <div class=\"glossar_archive_letter_box letter_filter_e has-values\">\n                            <a href=\"#letter_box_e\">E<\/a>\n                        <\/div>\n                                            <div class=\"glossar_archive_letter_box letter_filter_f has-values\">\n                            <a href=\"#letter_box_f\">F<\/a>\n                        <\/div>\n                                            <div class=\"glossar_archive_letter_box letter_filter_g has-values\">\n                            <a href=\"#letter_box_g\">G<\/a>\n                        <\/div>\n                                            <div class=\"glossar_archive_letter_box letter_filter_h has-values\">\n                            <a href=\"#letter_box_h\">H<\/a>\n                        <\/div>\n                                            <div class=\"glossar_archive_letter_box letter_filter_i has-values\">\n                            <a href=\"#letter_box_i\">I<\/a>\n                        <\/div>\n                                            <div class=\"glossar_archive_letter_box letter_filter_j has-values\">\n                            <a href=\"#letter_box_j\">J<\/a>\n                        <\/div>\n                                            <div class=\"glossar_archive_letter_box letter_filter_k has-values\">\n                            <a href=\"#letter_box_k\">K<\/a>\n                        <\/div>\n                                            <div class=\"glossar_archive_letter_box letter_filter_l has-values\">\n                            <a href=\"#letter_box_l\">L<\/a>\n                        <\/div>\n                                            <div class=\"glossar_archive_letter_box letter_filter_m has-values\">\n                            <a href=\"#letter_box_m\">M<\/a>\n                        <\/div>\n                                            <div class=\"glossar_archive_letter_box letter_filter_n has-values\">\n                            <a href=\"#letter_box_n\">N<\/a>\n                        <\/div>\n                                            <div class=\"glossar_archive_letter_box letter_filter_o has-values\">\n                            <a href=\"#letter_box_o\">O<\/a>\n                        <\/div>\n                                            <div class=\"glossar_archive_letter_box letter_filter_p has-values\">\n                            <a href=\"#letter_box_p\">P<\/a>\n                        <\/div>\n                                            <div class=\"glossar_archive_letter_box letter_filter_q has-values\">\n                            <a href=\"#letter_box_q\">Q<\/a>\n                        <\/div>\n                                            <div class=\"glossar_archive_letter_box letter_filter_r has-values\">\n                            <a href=\"#letter_box_r\">R<\/a>\n                        <\/div>\n                                            <div class=\"glossar_archive_letter_box letter_filter_s has-values\">\n                            <a href=\"#letter_box_s\">S<\/a>\n                        <\/div>\n                                            <div class=\"glossar_archive_letter_box letter_filter_t has-values\">\n                            <a href=\"#letter_box_t\">T<\/a>\n                        <\/div>\n                                            <div class=\"glossar_archive_letter_box letter_filter_u has-values\">\n                            <a href=\"#letter_box_u\">U<\/a>\n                        <\/div>\n                                            <div class=\"glossar_archive_letter_box letter_filter_v has-values\">\n                            <a href=\"#letter_box_v\">V<\/a>\n                        <\/div>\n                                            <div class=\"glossar_archive_letter_box letter_filter_w has-values\">\n                            <a href=\"#letter_box_w\">W<\/a>\n                        <\/div>\n                                            <div class=\"glossar_archive_letter_box letter_filter_x \">\n                            <a href=\"#letter_box_x\">X<\/a>\n                        <\/div>\n                                            <div class=\"glossar_archive_letter_box letter_filter_y \">\n                            <a href=\"#letter_box_y\">Y<\/a>\n                        <\/div>\n                                            <div class=\"glossar_archive_letter_box letter_filter_z \">\n                            <a href=\"#letter_box_z\">Z<\/a>\n                        <\/div>\n                                    <\/div>\n            <\/div>\n        <\/div>\n    <\/div>\n    <div class=\"glossar_archive_posts\">\n        <div id=\"ajax-post-container\" class=\"container\">\n                                                <div class=\"row\">\n                    <div id=\"letter_box_a\" class=\"col-lg-2 letter-box\">\n                        <span class=\"position-relative glossar_archive_posts_taxonomy glossar_archive_posts_letter_a\">A <span class=\"divider_color mt-2 d-block\" style=\"background-color:#C8DC4B;position: absolute;top: 90%;transform: translateY(-90%);\"><\/span><\/span>\n                    <\/div>\n                    <div class=\"col-lg-10\">\n                        <div class=\"row\">\n                                                            <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-asset\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/asset\/\">Asset<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-asset-backed-securities-abs\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/asset-backed-securities-abs\/\">Asset Backed Securities (ABS)<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-asset-deal\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/asset-deal\/\">Asset Deal<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-asset-finance\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/asset-finance\/\">Asset Finance<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-add-on-transaction\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/add-on-transaction\/\">Add-on (transaction)<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-acquisition\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/acquisition\/\">Acquisition<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-share\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/share\/\">Share<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-bond\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/bond\/\">Bond<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                        <\/div>\n                    <\/div>\n                        <hr class=\"hr\">\n                <\/div>\n                                                                    <div class=\"row\">\n                    <div id=\"letter_box_b\" class=\"col-lg-2 letter-box\">\n                        <span class=\"position-relative glossar_archive_posts_taxonomy glossar_archive_posts_letter_b\">B <span class=\"divider_color mt-2 d-block\" style=\"background-color:#C8DC4B;position: absolute;top: 90%;transform: translateY(-90%);\"><\/span><\/span>\n                    <\/div>\n                    <div class=\"col-lg-10\">\n                        <div class=\"row\">\n                                                            <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-business-plan\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/business-plan\/\">Business Plan<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-buy-and-build\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/buy-and-build\/\">Buy-and-build<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-buy-side\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/buy-side\/\">Buy-side<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-bwa-business-administration-evaluation\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/bwa-business-administration-evaluation\/\">BWA (Business Administration Evaluation)<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-bad-leaver\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/bad-leaver\/\">Bad Leaver<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-bidding-process\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/bidding-process\/\">Bidding Process<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-binding-offer\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/binding-offer\/\">Binding Offer<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-break-up-fee\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/break-up-fee\/\">Break-up Fee<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                        <\/div>\n                    <\/div>\n                        <hr class=\"hr\">\n                <\/div>\n                                                                    <div class=\"row\">\n                    <div id=\"letter_box_c\" class=\"col-lg-2 letter-box\">\n                        <span class=\"position-relative glossar_archive_posts_taxonomy glossar_archive_posts_letter_c\">C <span class=\"divider_color mt-2 d-block\" style=\"background-color:#C8DC4B;position: absolute;top: 90%;transform: translateY(-90%);\"><\/span><\/span>\n                    <\/div>\n                    <div class=\"col-lg-10\">\n                        <div class=\"row\">\n                                                            <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-cash-free-debt-free\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/cash-free-debt-free\/\">Cash Free \u2013 Debt Free<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-closing-actions\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/closing-actions\/\">Closing Actions<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-corporate-finance\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/corporate-finance\/\">Corporate Finance<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-cash\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/cash\/\">Cash<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-cash-flow\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/cash-flow\/\">Cash Flow<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-cash-pooling\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/cash-pooling\/\">Cash Pooling<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-change-of-control-clause\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/change-of-control-clause\/\">Change of Control clause<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-closing\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/closing\/\">Closing<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-closing-accounts\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/closing-accounts\/\">Closing Accounts<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-closing-conditions\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/closing-conditions\/\">Closing Conditions<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-call-option\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/call-option\/\">Call Option<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-capital-expenditures-capex\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/capital-expenditures-capex\/\">Capital Expenditures (CAPEX)<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-company-participation\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/company-participation\/\">Company participation<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                        <\/div>\n                    <\/div>\n                        <hr class=\"hr\">\n                <\/div>\n                                                                    <div class=\"row\">\n                    <div id=\"letter_box_d\" class=\"col-lg-2 letter-box\">\n                        <span class=\"position-relative glossar_archive_posts_taxonomy glossar_archive_posts_letter_d\">D <span class=\"divider_color mt-2 d-block\" style=\"background-color:#C8DC4B;position: absolute;top: 90%;transform: translateY(-90%);\"><\/span><\/span>\n                    <\/div>\n                    <div class=\"col-lg-10\">\n                        <div class=\"row\">\n                                                            <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-discounted-cash-flow-dcf\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/discounted-cash-flow-dcf\/\">Discounted Cash Flow (DCF)<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-discounted-cash-flow-verfahren\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/discounted-cash-flow-verfahren\/\">Discounted Cash Flow-Verfahren<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-drag-along\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/drag-along\/\">Drag-along<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-due-diligence\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/due-diligence\/\">Due Diligence<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-due-diligence-report\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/due-diligence-report\/\">Due Diligence Report<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-data-room-vdr\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/data-room-vdr\/\">Data Room \/ VDR<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-de-minimis\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/de-minimis\/\">De minimis<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-debt\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/debt\/\">Debt<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-debt-free\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/debt-free\/\">Debt Free<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-debt-to-equity-swap\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/debt-to-equity-swap\/\">Debt-to-Equity Swap<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-delisting\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/delisting\/\">Delisting<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                        <\/div>\n                    <\/div>\n                        <hr class=\"hr\">\n                <\/div>\n                                                                    <div class=\"row\">\n                    <div id=\"letter_box_e\" class=\"col-lg-2 letter-box\">\n                        <span class=\"position-relative glossar_archive_posts_taxonomy glossar_archive_posts_letter_e\">E <span class=\"divider_color mt-2 d-block\" style=\"background-color:#C8DC4B;position: absolute;top: 90%;transform: translateY(-90%);\"><\/span><\/span>\n                    <\/div>\n                    <div class=\"col-lg-10\">\n                        <div class=\"row\">\n                                                            <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-enterprise-value\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/enterprise-value\/\">Enterprise Value<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-equity\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/equity\/\">Equity<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-equity-kicker\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/equity-kicker\/\">Equity Kicker<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-equity-value\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/equity-value\/\">Equity Value<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-exit\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/exit\/\">Exit<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-earn-out\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/earn-out\/\">Earn-out<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-ebit\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/ebit\/\">EBIT<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-ebitda\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/ebitda\/\">EBITDA<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-ebt\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/ebt\/\">EBT<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                        <\/div>\n                    <\/div>\n                        <hr class=\"hr\">\n                <\/div>\n                                                                    <div class=\"row\">\n                    <div id=\"letter_box_f\" class=\"col-lg-2 letter-box\">\n                        <span class=\"position-relative glossar_archive_posts_taxonomy glossar_archive_posts_letter_f\">F <span class=\"divider_color mt-2 d-block\" style=\"background-color:#C8DC4B;position: absolute;top: 90%;transform: translateY(-90%);\"><\/span><\/span>\n                    <\/div>\n                    <div class=\"col-lg-10\">\n                        <div class=\"row\">\n                                                            <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-finding\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/finding\/\">Finding<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-fusion\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/fusion\/\">Fusion<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-factoring\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/factoring\/\">Factoring<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-family-office\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/family-office\/\">Family Office<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-financial-due-diligence\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/financial-due-diligence\/\">Financial Due Diligence<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                        <\/div>\n                    <\/div>\n                        <hr class=\"hr\">\n                <\/div>\n                                                                    <div class=\"row\">\n                    <div id=\"letter_box_g\" class=\"col-lg-2 letter-box\">\n                        <span class=\"position-relative glossar_archive_posts_taxonomy glossar_archive_posts_letter_g\">G <span class=\"divider_color mt-2 d-block\" style=\"background-color:#C8DC4B;position: absolute;top: 90%;transform: translateY(-90%);\"><\/span><\/span>\n                    <\/div>\n                    <div class=\"col-lg-10\">\n                        <div class=\"row\">\n                                                            <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-greenshoe\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/greenshoe\/\">Greenshoe<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-profit-participation-certificate\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/profit-participation-certificate\/\">Profit participation certificate<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-going-private\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/going-private\/\">Going Private<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-going-public\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/going-public\/\">Going Public<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-good-leaver\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/good-leaver\/\">Good Leaver<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-goodwill\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/goodwill\/\">Goodwill<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                        <\/div>\n                    <\/div>\n                        <hr class=\"hr\">\n                <\/div>\n                                                                    <div class=\"row\">\n                    <div id=\"letter_box_h\" class=\"col-lg-2 letter-box\">\n                        <span class=\"position-relative glossar_archive_posts_taxonomy glossar_archive_posts_letter_h\">H <span class=\"divider_color mt-2 d-block\" style=\"background-color:#C8DC4B;position: absolute;top: 90%;transform: translateY(-90%);\"><\/span><\/span>\n                    <\/div>\n                    <div class=\"col-lg-10\">\n                        <div class=\"row\">\n                                                            <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-hockey-stick\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/hockey-stick\/\">Hockey Stick<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                        <\/div>\n                    <\/div>\n                        <hr class=\"hr\">\n                <\/div>\n                                                                    <div class=\"row\">\n                    <div id=\"letter_box_i\" class=\"col-lg-2 letter-box\">\n                        <span class=\"position-relative glossar_archive_posts_taxonomy glossar_archive_posts_letter_i\">I <span class=\"divider_color mt-2 d-block\" style=\"background-color:#C8DC4B;position: absolute;top: 90%;transform: translateY(-90%);\"><\/span><\/span>\n                    <\/div>\n                    <div class=\"col-lg-10\">\n                        <div class=\"row\">\n                                                            <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-information-memorandum\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/information-memorandum\/\">Information Memorandum<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-initial-public-offering-ipo\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/initial-public-offering-ipo\/\">Initial Public Offering (IPO)<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-internal-rate-of-return-irr\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/internal-rate-of-return-irr\/\">Internal Rate of Return (IRR)<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-international-accounting-standards-ias\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/international-accounting-standards-ias\/\">International Accounting Standards (IAS)<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-international-financial-reporting-standards-ifrs\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/international-financial-reporting-standards-ifrs\/\">International Financial Reporting Standards (IFRS)<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                        <\/div>\n                    <\/div>\n                        <hr class=\"hr\">\n                <\/div>\n                                                                    <div class=\"row\">\n                    <div id=\"letter_box_j\" class=\"col-lg-2 letter-box\">\n                        <span class=\"position-relative glossar_archive_posts_taxonomy glossar_archive_posts_letter_j\">J <span class=\"divider_color mt-2 d-block\" style=\"background-color:#C8DC4B;position: absolute;top: 90%;transform: translateY(-90%);\"><\/span><\/span>\n                    <\/div>\n                    <div class=\"col-lg-10\">\n                        <div class=\"row\">\n                                                            <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-joint-venture\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/joint-venture\/\">Joint Venture<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                        <\/div>\n                    <\/div>\n                        <hr class=\"hr\">\n                <\/div>\n                                                                    <div class=\"row\">\n                    <div id=\"letter_box_k\" class=\"col-lg-2 letter-box\">\n                        <span class=\"position-relative glossar_archive_posts_taxonomy glossar_archive_posts_letter_k\">K <span class=\"divider_color mt-2 d-block\" style=\"background-color:#C8DC4B;position: absolute;top: 90%;transform: translateY(-90%);\"><\/span><\/span>\n                    <\/div>\n                    <div class=\"col-lg-10\">\n                        <div class=\"row\">\n                                                            <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-capital-increase\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/capital-increase\/\">Capital increase<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-key-performance-indicator-kpi\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/key-performance-indicator-kpi\/\">Key Performance Indicator (KPI)<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-kick-off\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/kick-off\/\">Kick-off<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                        <\/div>\n                    <\/div>\n                        <hr class=\"hr\">\n                <\/div>\n                                                                    <div class=\"row\">\n                    <div id=\"letter_box_l\" class=\"col-lg-2 letter-box\">\n                        <span class=\"position-relative glossar_archive_posts_taxonomy glossar_archive_posts_letter_l\">L <span class=\"divider_color mt-2 d-block\" style=\"background-color:#C8DC4B;position: absolute;top: 90%;transform: translateY(-90%);\"><\/span><\/span>\n                    <\/div>\n                    <div class=\"col-lg-10\">\n                        <div class=\"row\">\n                                                            <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-leverage\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/leverage\/\">Leverage<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-leveraged-buy-out-lbo\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/leveraged-buy-out-lbo\/\">Leveraged Buy-out (LBO)<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-locked-box\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/locked-box\/\">Locked Box<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-long-list\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/long-list\/\">Long List<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-warehouse-financing\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/warehouse-financing\/\">Warehouse financing<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-legal-due-diligence\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/legal-due-diligence\/\">Legal Due Diligence<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-letter-of-intent-loi\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/letter-of-intent-loi\/\">Letter of Intent (LoI)<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                        <\/div>\n                    <\/div>\n                        <hr class=\"hr\">\n                <\/div>\n                                                                    <div class=\"row\">\n                    <div id=\"letter_box_m\" class=\"col-lg-2 letter-box\">\n                        <span class=\"position-relative glossar_archive_posts_taxonomy glossar_archive_posts_letter_m\">M <span class=\"divider_color mt-2 d-block\" style=\"background-color:#C8DC4B;position: absolute;top: 90%;transform: translateY(-90%);\"><\/span><\/span>\n                    <\/div>\n                    <div class=\"col-lg-10\">\n                        <div class=\"row\">\n                                                            <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-mergers-acquisitions-ma\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/mergers-acquisitions-ma\/\">Mergers &#038; Acquisitions (M&#038;A)<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-management-buy-out-mbo\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/management-buy-out-mbo\/\">Management-Buy-out (MBO)<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-medical-care-centers-mvz\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/medical-care-centers-mvz\/\">Medical care centers (MVZ)<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-merger\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/merger\/\">Merger<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-mezzanine-capital\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/mezzanine-capital\/\">Mezzanine capital<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-milestones\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/milestones\/\">Milestones<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-multiple-rating\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/multiple-rating\/\">Multiple rating<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-mac-clause\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/mac-clause\/\">MAC Clause<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-management-buy-in-mbi\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/management-buy-in-mbi\/\">Management-Buy-in (MBI)<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                        <\/div>\n                    <\/div>\n                        <hr class=\"hr\">\n                <\/div>\n                                                                    <div class=\"row\">\n                    <div id=\"letter_box_n\" class=\"col-lg-2 letter-box\">\n                        <span class=\"position-relative glossar_archive_posts_taxonomy glossar_archive_posts_letter_n\">N <span class=\"divider_color mt-2 d-block\" style=\"background-color:#C8DC4B;position: absolute;top: 90%;transform: translateY(-90%);\"><\/span><\/span>\n                    <\/div>\n                    <div class=\"col-lg-10\">\n                        <div class=\"row\">\n                                                            <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-net-assets\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/net-assets\/\">Net Assets<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-net-debt\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/net-debt\/\">Net Debt<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-net-present-value-npv\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/net-present-value-npv\/\">Net Present Value (NPV)<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-non-binding-offer-nbo\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/non-binding-offer-nbo\/\">Non-Binding Offer (NBO)<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-non-disclosure-agreement-nda\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/non-disclosure-agreement-nda\/\">Non-Disclosure Agreement (NDA)<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-non-leakage-provisions\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/non-leakage-provisions\/\">Non-leakage Provisions<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                        <\/div>\n                    <\/div>\n                        <hr class=\"hr\">\n                <\/div>\n                                                                    <div class=\"row\">\n                    <div id=\"letter_box_o\" class=\"col-lg-2 letter-box\">\n                        <span class=\"position-relative glossar_archive_posts_taxonomy glossar_archive_posts_letter_o\">O <span class=\"divider_color mt-2 d-block\" style=\"background-color:#C8DC4B;position: absolute;top: 90%;transform: translateY(-90%);\"><\/span><\/span>\n                    <\/div>\n                    <div class=\"col-lg-10\">\n                        <div class=\"row\">\n                                                            <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-one-on-one\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/one-on-one\/\">One on One<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-option\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/option\/\">Option<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                        <\/div>\n                    <\/div>\n                        <hr class=\"hr\">\n                <\/div>\n                                                                    <div class=\"row\">\n                    <div id=\"letter_box_p\" class=\"col-lg-2 letter-box\">\n                        <span class=\"position-relative glossar_archive_posts_taxonomy glossar_archive_posts_letter_p\">P <span class=\"divider_color mt-2 d-block\" style=\"background-color:#C8DC4B;position: absolute;top: 90%;transform: translateY(-90%);\"><\/span><\/span>\n                    <\/div>\n                    <div class=\"col-lg-10\">\n                        <div class=\"row\">\n                                                            <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-private-debt\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/private-debt\/\">Private Debt<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-private-equity\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/private-equity\/\">Private Equity<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-private-equity-fund\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/private-equity-fund\/\">Private Equity Fund<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-private-placement\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/private-placement\/\">Private Placement<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-put-option\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/put-option\/\">Put Option<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-permitted-leakage\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/permitted-leakage\/\">Permitted Leakage<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                        <\/div>\n                    <\/div>\n                        <hr class=\"hr\">\n                <\/div>\n                                                                    <div class=\"row\">\n                    <div id=\"letter_box_q\" class=\"col-lg-2 letter-box\">\n                        <span class=\"position-relative glossar_archive_posts_taxonomy glossar_archive_posts_letter_q\">Q <span class=\"divider_color mt-2 d-block\" style=\"background-color:#C8DC4B;position: absolute;top: 90%;transform: translateY(-90%);\"><\/span><\/span>\n                    <\/div>\n                    <div class=\"col-lg-10\">\n                        <div class=\"row\">\n                                                            <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-qa-process-questions-answers\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/qa-process-questions-answers\/\">Q&#038;A process (Questions &#038; Answers)<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-qa-tool\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/qa-tool\/\">Q&#038;A tool<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                        <\/div>\n                    <\/div>\n                        <hr class=\"hr\">\n                <\/div>\n                                                                    <div class=\"row\">\n                    <div id=\"letter_box_r\" class=\"col-lg-2 letter-box\">\n                        <span class=\"position-relative glossar_archive_posts_taxonomy glossar_archive_posts_letter_r\">R <span class=\"divider_color mt-2 d-block\" style=\"background-color:#C8DC4B;position: absolute;top: 90%;transform: translateY(-90%);\"><\/span><\/span>\n                    <\/div>\n                    <div class=\"col-lg-10\">\n                        <div class=\"row\">\n                                                            <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-red-flag-due-diligence\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/red-flag-due-diligence\/\">Red Flag Due Diligence<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-roadshow\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/roadshow\/\">Roadshow<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                        <\/div>\n                    <\/div>\n                        <hr class=\"hr\">\n                <\/div>\n                                                                    <div class=\"row\">\n                    <div id=\"letter_box_s\" class=\"col-lg-2 letter-box\">\n                        <span class=\"position-relative glossar_archive_posts_taxonomy glossar_archive_posts_letter_s\">S <span class=\"divider_color mt-2 d-block\" style=\"background-color:#C8DC4B;position: absolute;top: 90%;transform: translateY(-90%);\"><\/span><\/span>\n                    <\/div>\n                    <div class=\"col-lg-10\">\n                        <div class=\"row\">\n                                                            <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-strategic-investor\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/strategic-investor\/\">Strategic investor<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-sweet-equity\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/sweet-equity\/\">Sweet Equity<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-special-purpose-vehicle-spv\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/special-purpose-vehicle-spv\/\">Special Purpose Vehicle (SPV)<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-stakeholder\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/stakeholder\/\">Stakeholder<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-silent-partnership\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/silent-partnership\/\">Silent partnership<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-share-deal\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/share-deal\/\">Share Deal<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-shareholder-loan\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/shareholder-loan\/\">Shareholder Loan<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-shareholders-agreement-sha\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/shareholders-agreement-sha\/\">Shareholders\u2019 Agreement (SHA)<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-short-list\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/short-list\/\">Short List<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-signing\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/signing\/\">Signing<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-sale-and-lease-back\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/sale-and-lease-back\/\">Sale and Lease Back<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-sale-and-purchase-agreement-spa\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/sale-and-purchase-agreement-spa\/\">Sale and Purchase Agreement (SPA)<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-promissory-note-loan\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/promissory-note-loan\/\">Promissory note loan<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-sell-side\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/sell-side\/\">Sell-side<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-senior-debt\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/senior-debt\/\">Senior Debt<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                        <\/div>\n                    <\/div>\n                        <hr class=\"hr\">\n                <\/div>\n                                                                    <div class=\"row\">\n                    <div id=\"letter_box_t\" class=\"col-lg-2 letter-box\">\n                        <span class=\"position-relative glossar_archive_posts_taxonomy glossar_archive_posts_letter_t\">T <span class=\"divider_color mt-2 d-block\" style=\"background-color:#C8DC4B;position: absolute;top: 90%;transform: translateY(-90%);\"><\/span><\/span>\n                    <\/div>\n                    <div class=\"col-lg-10\">\n                        <div class=\"row\">\n                                                            <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-track-record\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/track-record\/\">Track Record<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-tag-along\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/tag-along\/\">Tag-along<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-target\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/target\/\">Target<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-tax-due-diligence\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/tax-due-diligence\/\">Tax Due Diligence<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-teaser\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/teaser\/\">Teaser<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-term-sheet\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/term-sheet\/\">Term Sheet<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-tombstone\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/tombstone\/\">Tombstone<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                        <\/div>\n                    <\/div>\n                        <hr class=\"hr\">\n                <\/div>\n                                                                    <div class=\"row\">\n                    <div id=\"letter_box_u\" class=\"col-lg-2 letter-box\">\n                        <span class=\"position-relative glossar_archive_posts_taxonomy glossar_archive_posts_letter_u\">U <span class=\"divider_color mt-2 d-block\" style=\"background-color:#C8DC4B;position: absolute;top: 90%;transform: translateY(-90%);\"><\/span><\/span>\n                    <\/div>\n                    <div class=\"col-lg-10\">\n                        <div class=\"row\">\n                                                            <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-usp\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/usp\/\">USP<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                        <\/div>\n                    <\/div>\n                        <hr class=\"hr\">\n                <\/div>\n                                                                    <div class=\"row\">\n                    <div id=\"letter_box_v\" class=\"col-lg-2 letter-box\">\n                        <span class=\"position-relative glossar_archive_posts_taxonomy glossar_archive_posts_letter_v\">V <span class=\"divider_color mt-2 d-block\" style=\"background-color:#C8DC4B;position: absolute;top: 90%;transform: translateY(-90%);\"><\/span><\/span>\n                    <\/div>\n                    <div class=\"col-lg-10\">\n                        <div class=\"row\">\n                                                            <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-vendor-due-diligence\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/vendor-due-diligence\/\">Vendor Due Diligence<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-vendor-loan\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/vendor-loan\/\">Vendor Loan<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-venture-capital\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/venture-capital\/\">Venture Capital<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                                    <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-virtual-data-room-vdr\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/virtual-data-room-vdr\/\">Virtual Data Room (VDR)<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                        <\/div>\n                    <\/div>\n                        <hr class=\"hr\">\n                <\/div>\n                                                                    <div class=\"row\">\n                    <div id=\"letter_box_w\" class=\"col-lg-2 letter-box\">\n                        <span class=\"position-relative glossar_archive_posts_taxonomy glossar_archive_posts_letter_w\">W <span class=\"divider_color mt-2 d-block\" style=\"background-color:#C8DC4B;position: absolute;top: 90%;transform: translateY(-90%);\"><\/span><\/span>\n                    <\/div>\n                    <div class=\"col-lg-10\">\n                        <div class=\"row\">\n                                                            <div class=\"col-md-3\">\n                                        <div class=\"post\">\n                                            <a id=\"toggle-working-capital\" class=\"glossar_post_toggle\" href=\"https:\/\/www.conpair.de\/en\/glossar\/working-capital\/\">Working Capital<\/a>\n                                        <\/div>\n                                    <\/div>\n                                                        <\/div>\n                    <\/div>\n                        <hr class=\"hr\">\n                <\/div>\n                                                                                                                            <\/div>\n    <\/div>\n\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":23,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","inline_featured_image":false,"footnotes":""},"class_list":["post-4085","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.conpair.de\/en\/wp-json\/wp\/v2\/pages\/4085","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conpair.de\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.conpair.de\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.conpair.de\/en\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conpair.de\/en\/wp-json\/wp\/v2\/comments?post=4085"}],"version-history":[{"count":5,"href":"https:\/\/www.conpair.de\/en\/wp-json\/wp\/v2\/pages\/4085\/revisions"}],"predecessor-version":[{"id":4099,"href":"https:\/\/www.conpair.de\/en\/wp-json\/wp\/v2\/pages\/4085\/revisions\/4099"}],"wp:attachment":[{"href":"https:\/\/www.conpair.de\/en\/wp-json\/wp\/v2\/media?parent=4085"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}