Market Trends 2021/22: Earn-Outs in Public-Private Deals

Summary

This practice note discusses market trends in earn-outs in deals involving publicly held acquirers and privately held targets during 2021 and the first half of 2022. The discussion covers an overview of earn-outs, key metrics related to earn-outs, earn-out acceleration triggers, and other aspects of earn-outs, and includes a list of representative deals with links to the deal summaries in Market Standards.