Our Private Equity Group is considered the go-to practice for complex, bespoke and firm-defining transactions. With clients ranging from the world’s leading institutional asset managers to prominent middle-market private equity and growth equity firms, we offer comprehensive advice to general partners, limited partners, co-investors and other equity stakeholders, as well as portfolio companies, lenders and financial sponsor groups. The depth and continuity of our relationships across the industry gives us a nuanced understanding of each client’s objectives and allows us to provide seamless, efficient counsel across the investment lifecycle.
Article Discusses Buyouts to Determine Purchase Price Agreements
Practices
Corporate partner Angelo Bonvino and associate Prem Amarnani co-authored an article about the increased use of earnouts by buyers and sellers in private transactions to reach a consensus on purchase price. Published in the June 2011 issue of ABA Business Law Today, the article notes that "utilizing an earnout limits the buyer's risk that it is overpaying for an underperforming asset, while also providing the seller with what it considers appropriate deal consideration if the target business' projected performance is achieved." Kevin Levy, General Counsel of Keystone Group L.P., also contributed to the article.