Acquisition thesis
Clarify the strategic rationale, value creation logic and decision criteria behind the proposed acquisition.
Mergers & Acquisitions / Buy-Side
A disciplined acquisition starts with a visible thesis, a realistic target and an internal process that can make decisions as diligence changes the picture.
Request the buy-side assessmentReadiness review
RAETZERBefore the transaction gets moving.
Who it is for
For owners, executives, corporate development teams, sponsors and investment groups evaluating a potential acquisition or add-on transaction.
Review scope
A practical screen for the issues most likely to affect the next decision.
Clarify the strategic rationale, value creation logic and decision criteria behind the proposed acquisition.
Screen the target’s ownership, operations, dependencies and strategic fit against the buyer’s stated objectives.
Identify financing assumptions, diligence workstreams and information gaps that could affect timing or price.
Surface the early asset, equity, rollover, earn-out and risk-allocation choices that shape the deal.
Consider contracts, people, systems and obligations that need a credible path after closing.
Map who can approve the thesis, bind the buyer, manage advisors and make trade-offs as facts change.
Defined scope / clear starting point
RAETZER offers defined fixed-fee packages for qualifying private-capital, M&A, joint-venture, and corporate-infrastructure matters. The packages are designed to give prospective clients an informed starting point before an attorney reviews the specific transaction.
Final package eligibility, scope, and fee are confirmed only after completion of the applicable readiness assessment, conflicts review, jurisdictional review, attorney consultation, and execution of a written engagement agreement.
Transaction map
These packages are for legal representation of a buyer acquiring an identified privately held business. RAETZER does not locate acquisition targets, guarantee financing, or act as a business broker or investment banker through these packages.
Indicative fixed-fee packages for qualifying matters. Final eligibility, scope, and fee are confirmed after the applicable readiness assessment, conflicts review, and an initial attorney consultation.
All engagements remain subject to conflicts review, attorney review, scope confirmation, and a written engagement agreement. Government fees, third-party costs, local counsel, tax advisers, accountants, filing fees, and specialty counsel are not included unless expressly stated.
Package 1
$24,500 FLAT LEGAL FEE
For qualifying standard-scope matters.
Best for
a qualifying buyer acquiring one privately held U.S. business in a straightforward transaction, generally below $2M.
Principal inclusions
Assumptions: one buyer/target, private U.S. business, one principal agreement, one ordinary financing source, one closing, no rollover, complex earn-out, material owned real estate/environmental/specialty approval, cross-border, public-company securities, distressed/bankruptcy, reasonably organized diligence, and ordinary commercially reasonable negotiation.
Supplemental fee may apply for material financing, extensive schedules, substantial seller financing, employment negotiations, repeated restructuring, unusual tax-driven structures, or extraordinary diligence.
Package 2
MOST COMMON$39,500 FLAT LEGAL FEE
For qualifying standard-scope matters.
Best for
a qualifying acquisition of $2M-$10M or a smaller transaction with moderate complexity.
Principal inclusions
Assumes one buyer/target/principal acquisition/closing, ordinary negotiation, and one principal contingent/financing component.
Multiple layers, extensive rollover governance, substantial real estate, regulated industry, unusually extensive diligence, repeated re-trading, or additional targets require supplemental/custom scope.
Package 3
STARTING AT$59,500
Final fee confirmed after attorney review.
Best for
acquisitions generally $10M-$50M or substantial financing, rollover, management, complex economics, or extensive diligence.
Principal inclusions
Final fee after structure/target/LOI/financing/diligence/negotiation/timetable review.
Custom quote for above $50M, public target, cross-border, regulated/distressed, bankruptcy/receivership, multiple acquisitions, material antitrust/tax/environmental/benefits/real-estate/government-contract/specialty regulatory work, RWI, multiple closings/substantial post-closing.
Illustrative milestone billing, subject to written engagement agreement: Illustrative milestone billing: 40% at engagement; 30% at completion of the LOI/diligence phase or initial definitive agreement; 30% at signing or closing. If the transaction terminates, fees earned through the completed milestone remain payable.
Next step
Complete the applicable RAETZER readiness assessment. Your responses will help identify the likely scope, urgency, complexity, decision authority, and appropriate next step before you speak with an attorney.
TAKE THE BUY-SIDE ASSESSMENTThe prices shown are indicative fixed fees or starting prices for qualifying matters. Final eligibility, scope, staffing, and fee are confirmed only after the applicable readiness assessment, conflicts review, jurisdictional review, attorney consultation, and execution of a written engagement agreement.
Each fixed fee is based on the parties, entities, documents, transaction structure, revision rounds, closing assumptions, and other limitations stated in the engagement agreement. A material change in the matter may require a supplemental fixed fee or an approved hourly scope.
Government filing fees, state notice fees, foreign or local counsel, accountants, tax advisers, investment bankers, business brokers, lenders, appraisers, valuation providers, data-room providers, expert consultants, translators, and other third-party costs are not included unless expressly stated.
Legal fees are earned according to the milestones stated in the engagement agreement and are not contingent upon raising capital, obtaining financing, signing a transaction, or completing a closing.
RAETZER does not guarantee capital, financing, investors, acquisition targets, buyers, sellers, valuation, transaction approval, or closing.
RAETZER does not act as a broker-dealer, placement agent, investment banker, business broker, lender, accountant, tax adviser, valuation provider, or foreign-law adviser unless a separate written agreement expressly states otherwise.
Non-contractual note: Formal engagement letters govern and summarize these principles: one transaction/project; defined entities/parties/documents; ordinary negotiation only with material restructuring supplemental; defined revision rounds; exclusions for litigation/tax/accounting/valuation/regulatory/real-estate/environmental/benefits/foreign law unless included; third-party/government fees separate; delay/term changes permit supplemental fee; additional closings/investors/targets/bidders/entities/documents separately priced; fees earned by milestones and not contingent; additional work only after written approval of supplemental fixed fee/hourly scope. Formal engagement letters govern.
Pricing and package descriptions are provided for general informational purposes and do not constitute an offer to provide legal services. No attorney-client relationship is created through the website or an assessment submission. Representation begins only after conflicts review and execution of a written engagement agreement.
Before you begin
This assessment is provided solely for educational, informational and screening purposes. It is not legal advice, does not determine legal compliance or establish that a transaction or corporate initiative is “ready” under applicable law, and does not create an attorney-client relationship. Do not submit confidential or privileged information. Representation begins only after conflicts review and execution of a written engagement agreement.
The next decision
Request the M&A Buy-Side Readiness Assessment and use the resulting screen to frame a more focused conversation about the work ahead.
A considered first step
Before legal work begins, identify the transaction, urgency, complexity, decision authority, and principal readiness issues.