M&A
2 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Apr 17, 2023 by Thomas Smale · across every show →
Everything said about M&A, oldest first
Apr 17, 2023
Smale: M&A broker fees start at 15% on small deals and scale down
“Fees generally on smaller transactions start at 15% and then tear down. So the bigger the business gets, the lower the fee you get to, and that really continues to tear up until you have a multi-billion dollar business. Fees will be even lower.”
Apr 17, 2023
Smale: Selling a $20M business is fundamentally similar to a $1M deal
“And really the difference between selling a, Million dollar business and twenty million dollar business isn't really that different. It's slightly more technical. It takes a bit more time. It involves generally more attorneys and accountants and different thir…”