SaaStr · 2021-12-02 · 1644d

When to Hire an M&A Banker for Your Company Exit

Jason Lemkin argues that hiring an M&A banker for company sales above $50-100M is worthwhile despite seemingly high fees, primarily because bankers create the perception of competing offers and act as a buffer between founders and acquirers, ultimately justifying their cost through better deal terms and reduced founder stress.

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Metrics in this report

Minimum deal size for banker recommendation (standard)

100$M

threshold

Company exit deals

Minimum deal size for cost-effective banker (lower threshold)

50$M

threshold

Company exit deals