20 real engagement letters from transactions across bank sizes and deal types, including PE-backed and privately held companies. Actual fee structures, tail clauses, and other critical terms.
"(i) If the Aggregate Consideration (as defined below) is less than $175 million; 1.50% of the Aggregate Consideration involved in the Transaction; or
(ii) If the Aggregate Consideration is equal to or greater than $175 million butless than $225 million; 1.75% of the Aggregate Consideration involved in theTransaction; or
(iii) If the Aggregate Consideration is equal to or greater than $225 million butless than $275 million; 2.00% of the Aggregate Consideration involved in theTransaction; or
(iv) If the Aggregate Consideration is equal to or greater than $275 million;2.00% of the Aggregate Consideration involved in the Transaction up to $275 million; plus 5% of the Aggregate Consideration involved in the Transaction inexcess of $275 million."
- Middle Market Investment Bank, Healthcare Sell-Side
"...subject of this letter, we will be entitled to theapplicable Transaction Fee set forth above in the event that at any time prior to the expiration of 12 months after such termination (i) a definitive binding agreement is entered into withrespect to a sale of all or a material portion of the units, if applicable, or assets of the Companies which is eventually consummated or (ii) an Agreement is entered into and a Payment is eventually made with respect to such agreement."
- Bulge Bracket Investment Bank, Private Equity Backed Sell-Side
"Initial Fee and Progress Fee: a fee of $50,000, payable promptly upon execution of this Agreement (the “Initial Fee”), and a fee of $50,000, payable promptly upon each six (6) month anniversary of this Agreement until the termination or lapse of this Agreement (the “Progress Fee”), such Initial Fee and Progress Fee to be fully creditable, to the extent previously paid, against any Transaction Fee (as defined below) payable upon consummation of the Transaction."
- Regional Boutique Bank
"As compensation for our services hereunder, the Company agrees to pay us a nonrefundable cash transaction fee (the "Transaction Fee"), payable promptly at the closing of a Transaction, equal to the greater of (i) $3,250,000 or (ii) an amount determined according to the following schedule:
(1) 1.75% of Transaction Value (as defined in AnnexA) for amounts up to and including $300,000,000; plus
(2) 3.50% of Transaction Value for amounts in excess of $300,000,000."
- Top Independent Advisory Firm, Consumer Sell-Side
"At Closing of any Offered Instrument, the Company shall pay to [REDACTED] a cash fee in US Dollars equal to three percent (3.0%) of the gross proceeds of the placement amount. Any Placement Fee shall be paid to [REDACTED] immediately upon receipt by the Company of any Transaction proceeds and shall be a condition of closing.
There will be no minimum success fee (“Minimum Success Fee”) requirement."
- Regional Boutique Bank
This report is just a small sample of the intelligence available on FeeLogic.ai. We help dealmakers benchmark fees, negotiate better terms, and win mandates using data from thousands of public and private transactions.
Request Demo