This guide explains what letters of intent are in mergers and acquisitions. It also examines some important components in a letter of intent and explains its role in the M&A process.

This guide explains what earnouts are in mergers and acquisitions. Additionally, we explain earnouts through an example and explain the rationale behind an earnout arrangement from both the buyer’s and seller’s perspectives.

This guide explains some of the strategic rationale behind M&A deals. We look at why M&A is valuable, the difference between financial and strategic buyers, growth through strategic M&A transactions, and we overview some common acquisition strategies.

This guide explains what mergers and acquisitions are, how they differ, and goes into some high-level detail about how these deals are structured.

This guide explains what vendor notes are and explains how vendor financing works. It goes into detail about how these arrangements are structured and why they are beneficial.

This guide explains what subordinated debt is. It also explains the relationship that subordinated debt has to senior debt and equity financing in terms of liquidity position in the capital stack and the corresponding risk to subordinated debt investors.

This guide explains what conglomerate mergers are and how they are related to other types of mergers and acquisitions.