Episode notes
Mini-APA Series: Purchase Price and Closing
Last week, we covered the basics what exactly is an APA; how is it different than equity, the parties to the agreement, what you are selling, what you are not selling.
This week we want to talk about the fun stuff: Purchase Price and Closing
Purchase Price
Different ways to describe it, one number, one number plus other payments later, a multiple of SDE, etc.
Get into SDE in a bit
First want to make sure you confirm the number is correct and when does it get paid
Escrow/release of escrow
Deferred payments
Hold back
Deferred Payment
Keywords
intellectual propertybusiness salebusiness acquisitionmergers and acquisitions