The Earn-Out Alternative

Earn-outs are incredibly popular in sale/purchase transactions, particularly in IP- and principal-reliant business models (e.g. recruitment, marketing/communications, PR, management consulting).  The primary objective of the earn-out is risk mitigation, in which the...

The keys to an effective earn-out

Love them or loathe them, earn-outs are a fact of life when selling a service business.  It is rare to see an M&A transaction in which an earn-out is not required, so better to set the expectation now than to confront it at sale time unprepared. For those...