
M&A Insights
Stay on Top of the Changing M&A Landscape.

Financing Transactions

Why Asset Deals Dominate Smaller M&A Transactions

M&A Deal Points | Why asset deals are more prevalent in the lower middle market?

The M&A Puzzle: A Step-by-Step Guide to Getting Deals Done

M&A Deal Points | Diving Deeper into Key Questions Sellers Should Expect

M&A Process | What Does a "Typical" Deal Look Like?
While many sellers dream of M&A deals arriving fully formed, prepackaged, and ready for closing, the reality is that each transaction is more like a complex puzzle—one that often doesn’t completely come together until the wire transfers hit, and sometimes not until after integration.

M&A Deal Points | The first interactions between buyer and seller

M&A Deal Points | Simultaneous vs. Deferred Closings: What's right for your deal?

M&A Market | Who is the right type of buyer for your business?

M&A Deal Points | Understanding What Matters Most to Sellers
The lower middle market operates under a unique set of dynamics compared to the middle and public markets. While large transactions often prioritize price, terms, closing certainty, and fit—in that order—the priorities in lower middle market transactions are distinctly different.

M&A Market: Look Before You Leap – A Guide to Earnouts
Before agreeing to an earnout as a seller, it’s important to understand the broader context of how they work and their potential pitfalls. Here are some key insights:

What Comes Out of the Purchase Price in an M&A Transaction?

The Role of Default Positions in M&A
Default positions in M&A terms, which occur automatically unless changed, significantly impact deals. They also determine where earnout funds are held and whether post-closing roles renew automatically. These defaults influence transactions both legally and through relationship dynamics.

When Suitors Come Knocking {with a diligence phalanx in tow}
The dynamic of running an M&A sale process differs significantly from responding to unsolicited offers. Using an Indication of Interest (IOI) can streamline initial evaluations, preserving sensitive information and saving time. If interest persists, running a competitive process can maximize value. Ultimately, understanding who is courting whom is crucial for navigating these transactions effectively.

How to Choose the Right Bidder in a Sell-Side M&A: Evaluating LOIs
It all begins with an idea.

Navigating 'Simple' Deals: Avoiding Pitfalls in Buy-Side Transactions

Exclusivity Agreements: When and How to Use Them
Kicking off another post, this time focusing on exclusivity or no-shop provisions.

How are Lower Middle Market Companies Valued?

What is Adjusted EBITDA and an Add-back?
