Newco Valve Company

valve company
Valve Corporation is an American video game development and digital distribution company based in Bellevue, Washington, U.S. that was founded in 1996, and made famous by its first product, Half-Life, which was released in November 1998, and by its distribution software, Steam.

newco
The typical label for any newly organized company, particularly in the context of a leveraged buyout.
A new company formed to effect the buy-out by acquiring the operating subsidiaries.
A generic term for a new company incorporated for the purpose of acquiring the target business, unit or company from the vendor in a buyout transaction.