Earn out deals have become increasingly common in partial sales and strategic partnerships. They can bridge a valuation gap, align incentives, and give both parties confidence that value will be delivered. They can also create friction and uncertainty if drafted poorly. An earn out is not a shortcut. It is a disciplined way to share risk and reward when the future performance of the business is a key part of the deal rationale. For business owners considering a partial sale o

“Synergy” is one of the most overused words in M&A. It’s the promise that two businesses combined will be stronger, leaner, and more profitable than either one alone. On paper, synergy justifies many acquisitions. In practice, it’s where most deals fall short. At Mergers.co.uk , we’ve seen how the pursuit of synergy can unlock exceptional value—but also how poorly planned integrations can quietly destroy it. The truth is that synergy always comes with a cost, and understandin