The 2023 SRS Acquiom M&A Deal Terms Study presents an analysis of more than 2,100 private-target M&A industry acquisitions valued at more than $460 billion that closed between 2017 and 2022 including more than 400 deals that closed in 2022 where SRS Acquiom provided services. The vast majority of these M&A deals are not required to be publicly reported.

M&A industry topics in this year’s study include:

  • Latest impacts from shifting deal trends, historic interest rate increases, inflation, and other market challenges
  • Comparisons of deals based on industries and whether buy-side Representations and Warranties Insurance (RWI) is included
  • New data points and analysis on deal structures, representations and warranties, and indemnification terms

Key findings in this year’s study include:

  • Nearly every M&A deal has a PPA, 73% of which have a separate PPA escrow
  • Earnouts are showing longer performance periods (24 mos.)
  • Median escrow sizes are holding steady at 10% across all deals

Listen to our experts discuss key highlights from the study in our videos below:

Download the study below.

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