Bass, Berry & Sims attorney Tatjana Paterno served as a chair of the American Bar Association’s (ABA) 2019 Private Target Mergers Acquisitions Deal Points Study, the preeminent study of M&A transactions, widely utilized by practitioners, investment bankers, corporate development teams, and other advisors. The Study was released by the ABA’s Market Trends Subcommittee of the Mergers and Acquisitions Committee.

“I am very excited about the Study,” said Tatjana. “We had a team of 50+ senior attorneys at top law firms (and one in-house attorney at Johnson & Johnson) across the U.S. who meticulously reviewed over 150 publicly available acquisitions agreements for key negotiated legal issues. Because of this detailed and careful approach, the Study is viewed by many M&A practitioners as the gold standard for market metrics.”

Tatjana and fellow chair Jessica Pearlman of K&L Gates led the working group that published the Study. Bass, Berry & Sims attorney Andrew Hard also contributed to the 2019 Study. The 2019 iteration of the Private Target Deal Points Study analyzes publicly available definitive acquisition agreements for transactions executed and/or completed either during calendar year 2018 or during the first quarter of calendar year 2019. In each case, the transaction involved a private target acquired by a public buyer, with the acquisition material enough to that public buyer for the Securities and Exchange Commission to require public disclosure of the applicable definitive acquisition agreement.

The transactions analyzed in the Private Target Deal Points Study were in the “middle market,” with purchase prices ranging between $30 million and $750 million; purchase prices for most deals in the data pool were below $200 million.

Additional information about the Study can be found here or by contacting Tatjana. To learn more information about the Study, register for the “In the Know” webinar, during which the chairs and issue group leaders will provide analysis and key takeaways from the results of the Private Target M&A Deal Points Study, on April 16, 2020, from 1:00 p.m. to 2:30 p.m. (ET).