Our Private Equity Group provides trusted counsel derived from deep industry knowledge to established as well as up-and-coming private equity firms. We represent firms of every size across the spectrum of investment strategies, and we build long-standing relationships with our clients. As active participants in the private equity industry, we are able to advise our clients on the latest innovations, as well as current market practices and trends.
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.