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 $50-100M is worthwhile despite seemingly high fees, primarily because bankers create the perception of competing offers and act as a buffer between founders and acquirers, ultimately justifying their cost through better deal terms and reduced founder stress.
Metrics in this report
Minimum deal size for banker recommendation (standard)
100$M
threshold
Company exit deals
Minimum deal size for cost-effective banker (lower threshold)
50$M
threshold
Company exit deals