M&A
5 articles about m&a, written to help normal people read contracts with more confidence. Product comparisons now live in /compare.
How Common Are Earnouts, and How Should They Be Structured? (2025 Data)
What a market-standard earnout looks like in an SMB acquisition, using 2025 SRS Acquiom data. How often earnouts appear, typical size and length, offset rights, and the protections a searcher should insist on.
Read article →How Long Should Indemnification Survival Last? (2025 Data)
What a market-standard survival period looks like in an SMB acquisition, using 2025 ABA and SRS Acquiom data. Why 12 months is the median, when no-survival deals happen, and what a searcher should push for.
What Is a Market-Standard Indemnification Cap? (2025 Data)
What a market-standard indemnification cap looks like in an SMB acquisition, using the 2025 ABA and SRS Acquiom deal-terms data. Median caps, how rep and warranty insurance changes the number, and what a searcher should push for.
The 12 Clauses That Kill SMB Acquisitions
The 12 contract clauses that quietly destroy SMB acquisitions. Customer concentration, indemnification basket structure, MAC carve-outs, and the working capital adjustment language searchers miss most often.
Reading an Asset Purchase Agreement: A Searcher's Checklist
How to read an Asset Purchase Agreement as a self-funded searcher. Section-by-section checklist covering purchase price, allocation, working capital, indemnity, seller notes, closing conditions, and disclosure schedules.