The empirical literature on the relationship between corporate entrepreneurship and business performance shows in general a positive correlate (Zahra, Jennings and Kuratko, 1999). However, it is not clear if after the buy-out corporate entrepreneurship increases and positively effects post-buyout performance (Wright et al. 2000). In the present study, we aim to address this gap in the buy-out literature and improve our knowledge on this fundamental relationship by gathering information on the development of entrepreneurial management (EM), post-buyout performance and buyout duration.