Sellers may face increased risk of higher indemnification claims when multipliers are applied to value their M&A deal, making litigation more expensive and time-consuming for all involved. What should sellers look for? How can you protect your deal? In this article, we offer tips to protect your M&A deal from multiplier exposure. We also explore the impacts that the use of damages multipliers can have in M&A claims, including:
- Expansion of the dispute
- Increased scope of discovery
- Increased time and costs
Michelle Kirkpatrick serves as a Senior Director, Business Development focusing on the Central Region.
Prior to this role, Michelle led SRS Acquiom's Shareholder Advisory team of attorneys, accountants, and tax professionals handling purchase price adjustments, indemnification claims, earnout/milestone disputes, tax matters, and more. With over a decade of experience navigating all manner of post-closing M&A issues, Michelle is passionate about educating deal parties on the shareholder representative role, payment considerations, and other ways to improve the M&A process overall. Michelle shares her expertise in numerous articles, presentations, and panel discussions.
Michelle received her J.D, from the University of California, Berkeley School of Law in 2011, and graduated Summa Cum Laude from the University of California, San Diego in 2007. After a 2-year Federal clerkship, she litigated complex employment disputes at a leading global firm before joining SRS Acquiom in 2016.