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ARTICLE · 09 JANUARY 2024

2023 ABA Private Target Deal Points Study

K&L Gates
K&L Gates
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The American Bar Association's (ABA) Business Law Section has released its 2023 Private Target Deal Points Study (the "Study"), the flagship product of the Market Trends Subcommittee of the Mergers and Acquisitions Committee.

United StatesCorporate/Commercial Law
Jessica Pearlman
Jessica Pearlman
Andrew R. Lloyd
Andrew R. Lloyd
Shoshannah D. Katz
Shoshannah D. Katz
Remsen Kinne
Remsen Kinne

The American Bar Association's (ABA) Business Law Section has released its 2023 Private Target Deal Points Study (the "Study"), the flagship product of the Market Trends Subcommittee of the Mergers and Acquisitions Committee. The Study is widely recognized as the gold standard for market metrics of key negotiated legal issues in acquisitions of U.S. private companies. K&L Gates partner Jessica Pearlman is Chair of the Study (a role she has held for over 14 years), leading the effort of the over 50-member working group including K&L Gates partners Andrew Lloyd, Shoshannah Katz, and Remsen Kinne.

The Study is the preeminent study of M&A transactions, utilized internationally by practitioners, investment bankers, corporate development teams, and other advisors. It examines the prevalence of specified provisions in publicly-available private target M&A transactions, in this case from 2022 and the first quarter of 2023 with a purchase price between US$30 million

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