How much money do you expect to raise through the EscrowUP program?

The amount raised depends on the number of participating transactions and the amounts held in escrow accounts associated with these transactions. SRS Acquiom will contribute up to a 24 basis points (annual rate) donation on funds held in escrow.  For perspective, a number you’ll see in our materials is $1 billion in aggregate participating escrows triggering a $3 million contribution to the program in total.  That is derived by taking 20 basis points (the average of 16 bps and 24 bps) as a blended annual rate and applying it to $1 billion in deposits for 18 months.  The more the M&A community comes together around this program, the greater the impact we can have.

Posted in: EscrowUP