Definition
A 'white squire' is an investor or company that invests in a target company to help it avoid a hostile takeover, but without acquiring outright control. Think of them as a supportive ally providing financial backing and strategic advice. Itβs like a financial bodyguard, not taking over, but helping the company defend itself. Unlike a white knight, a white squire takes a minority stake and supports existing management, offering resources and expertise. They're less about taking control and more about preserving independence.