jacques and I both work in M&A so we see a lot of these deals. trust what he says above.
to add a few things from the questions in the threads here:
- Lawyers IMO are much more important for deal dynamics than investment bankers. investment bankers will find you the buyer, help price the deal, and manage the process, but lawyers are the ones who make sure your terms are right. Kirkland Ellis, DLA, Troutman, Weil, Morgan Lewis etc.
- re: Investment bankers ("advisor firm"). The best firm for SaaS I've seen is William Blair - the companies they represent are consistently top tier and well prepared when we review them on the buy side. If you take this list: https://firsthand.co/best-companies-to-work-for/banking/most... my general advice is to stay away from the retail bank names (BoA, Citi, DB, etc.) and the big four (EY, PwC, etc.). But pretty much everyone else is solid.
Happy to answer any other questions. I've sat through 300+ transactions (mostly on the tech advisory side) and went through my own sale recently.
to add a few things from the questions in the threads here:
- Lawyers IMO are much more important for deal dynamics than investment bankers. investment bankers will find you the buyer, help price the deal, and manage the process, but lawyers are the ones who make sure your terms are right. Kirkland Ellis, DLA, Troutman, Weil, Morgan Lewis etc.
- re: Investment bankers ("advisor firm"). The best firm for SaaS I've seen is William Blair - the companies they represent are consistently top tier and well prepared when we review them on the buy side. If you take this list: https://firsthand.co/best-companies-to-work-for/banking/most... my general advice is to stay away from the retail bank names (BoA, Citi, DB, etc.) and the big four (EY, PwC, etc.). But pretty much everyone else is solid.
Happy to answer any other questions. I've sat through 300+ transactions (mostly on the tech advisory side) and went through my own sale recently.