Key Findings: SRS Acquiom 2017 Deal Terms Study

SRS Acquiom recently published its 2017 Deal Terms Study. The report draws on data from 795 private-target transactions that closed between 2013 and 2016 using SRS Acquiom's services. The results of this study offer a unique and valuable perspective of private M&A transactions that might not otherwise be reported. Some of the key findings are outlined below:

Financial terms:

• Consideration: After a mild decline from 6% to 4% from 2013 to 2015, all-stock deals shrunk to a total of 1% of deals in 2016. Cash/stock combo deals also shrunk to 15% from 21% of deals in 2015 although the 2016 figure is in line with what was seen in 2013 and 2014. Similarly, the proportion of deals in which the buyer assumed options shrunk to 20% from 26% in 2015.