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The latest data shows that RWI has a material impact on M&A deal terms. To examine that impact in depth, we have distilled key findings from the 2025 M&A Deal Terms Study, a comprehensive analysis of more than 2,200 private-market transactions that closed between 2019 and 2024.
Download this special report for exclusive insights into:
- Which types of M&A transactions are using RWI and which aren’t
- How RWI is impacting indemnification provisions, including survival periods, baskets, and walk-away clauses
- What impacts the use of RWI has on the inclusion of escrows, including special indemnity escrows

Kip Wallen
Senior Director, Thought Leadership tel:720-452-5364
Kip Wallen is a senior director leading the SRS Acquiom thought leadership practice. He leverages his extensive expertise and SRS Acquiom proprietary data to produce resourceful content regularly utilized by market practitioners. Kip has broad experience in M&A and provides guidance on market standards and trends.
Previously, Kip was a Director with the SRS Acquiom Transactional Group, where he collaborated with clients and counsel to negotiate M&A documents including purchase, escrow, payments, and other transactional agreements. Before joining SRS Acquiom, Kip was an attorney with a Denver-based boutique business law firm where he assisted clients with M&A transactions as well as general corporate governance and securities matters.
Kip is an avid supporter of the Colorado Symphony, serving as Treasurer and Trustee. He is an active participant on the American Bar Association’s M&A Committee. In 2016, Kip completed Leadership 20 with the Denver chapter of the Association for Corporate Growth.
Kip received his J.D. from the Sturm College of Law at the University of Denver and an M.S. in Economics, B.S. in Economics and B.A. in International Relations from Lehigh University. He is a member of the Colorado bar.