Acquisition proceeds calculator
Turn a headline sale price into cash: subtract the earnout, the escrow, debt, and fees, and see when the money arrives.
Calculator
From the headline price to cash
A buyer offers $120M for Northwind. Change the deal terms and see what the shareholders get, when they get it, and what the founders keep.
Part of the headline. The buyer pays it later, only if the company gets to its targets.
Buyers paid 21% of the maximum earnout dollars in SRS Acquiom data.
Median 10% of the deal in 2025 deals that had one.
Paid from the closing price, before any shareholder.
- Headline
- $120M
- Shareholders get
- $104.2M
- 86.83% of the headline
- Founders get
- $40.47M
- If all $120M came at closing: $49.09M
- Shortfall
- $8.62M
- for the founders, against the headline
When the money arrives
| Payment | Month | Amount | Founders so far | Paid so far |
|---|---|---|---|---|
| At closing | 0 | $90M | $32.73M | $90M |
| Escrow release | 12 | $10M | $38.18M | $100M |
| Earnout | 21 | $4.2M | $40.47M | $104.2M |
The founders' payout
- On the headline
- $49.09M
- At closing
- $32.73M
- At month 12
- $38.18M
- At month 21
- $40.47M
The headline says $120M. The shareholders get $104.2M over 21 months: $90M at closing, $10M when the escrow ends, and $4.2M from the earnout.
The founders get $40.47M, $8.62M less than the $49.09M that the headline suggests.