Fees
See exactly what a deal costs, before you start.
Our fee is a share of the deal price, charged in bands. Enter a price and the calculator shows every figure. Nothing is paid until a transaction completes.
- First $5m5%
- $5m to $10m4%
- $10m to $20m3%
- $20m to $50m2%
- Above $50m1%
Type an amount like 12m or 750k, or drag the slider.
How the price splits across the bands
| Band | Rate | Price in band | Fee |
|---|---|---|---|
| First $5m | 5% | $500,000 | $25,000 |
| $5m to $10m | 4% | $0 | $0 |
| $10m to $20m | 3% | $0 | $0 |
| $20m to $50m | 2% | $0 | $0 |
| Above $50m | 1% | $0 | $0 |
Acquiry fee at completion
$25,000
5% of a $500k deal. Nothing is paid before completion.
- Effective rate
- 5%
- Paid upfront
- $0
- Cash at completion
- $25,000
- In equity or shares
- $0
How the bands work
Each slice of the price has its own rate.
The first $5m is charged at 5%. Every dollar above that falls into the next band at a lower rate, so the effective rate drops as the deal grows.
Worked example: a $15m deal
- 5% of $5m (first $5m)$250,000
- 4% of $5m ($5m to $10m)$200,000
- 3% of $5m ($10m to $20m)$150,000
Open to any structure
Cash, equity or both. We shape the fee around the deal.
Many of our relationships run for years. When we believe in where a business is going, we are glad to take part of our fee in equity or shares and grow with it.
Cash at completion
The simplest route. The fee is paid from the transaction when it completes, and not before.
Part in equity or shares
We can take part of the fee as equity in the business or shares in the buyer, when we are backing its long-term growth.
Deferred with the deal
Where the price includes an earnout or deferred payments, part of our fee can follow the same timetable.
A mix built for the deal
Cash, equity and deferred elements can be combined. Whatever we agree is written down before any work starts.
The fine print, in plain words
Nothing to pay unless the deal completes.
0%
Paid upfront
Nothing to pay to start. No sign-up charge and nothing due at any point while we search.
$0
If no deal completes
Our fee is only payable when a transaction completes. If no deal closes, you owe us nothing.
In writing
Before any work
The bands, the structure and what counts as the deal price are agreed in your engagement letter.
What price is the fee calculated on?
The total transaction value agreed in the deal, including any deferred or earnout amounts as they are paid. Your engagement letter defines it precisely.
Why does the rate fall as the deal grows?
Each band is charged at its own rate, so a larger deal pays a lower rate on the part above each threshold. The first $5m is always charged at 5%.
When is the fee paid?
At completion, from the transaction. Where part of the price is deferred, the matching part of the fee can be deferred with it.
Will you take equity instead of cash?
Often, yes. Where we believe in the business and want to stay involved, we can take part of the fee in equity or shares.
Is the schedule ever different?
Very large, cross-border or unusually complex deals can be priced differently. Any change is agreed with you in writing before we start.
Have a deal in mind?
Tell us about it. We'll be in touch to discuss it in detail, and the fee will be agreed in writing before anything starts.