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This report analyzes purchase price adjustments and indemnification claims across nearly 600 private-target deals on which SRS Acquiom served as shareholder representative, including more than 550 individual indemnification claims. All deals examined in this report have escrows that were fully released between July 2018 and September 2020. Most of this information is not publicly available and cannot be found in any other source. Key topics covered in the report include:
- Post-Closing Purchase Price Adjustments
- Indemnification Claim Activity
- Expense Funds
Christopher Letang
Managing Director, Escrow & Payment Solutions and Deputy COO tel:303-957-2855
Chris is the senior managing director of M&A. In this capacity, Chris manages the teams that deliver our M&A products and services, including escrows, payments, and shareholder representation.
Chris has a long history of providing exceptional service to SRS Acquiom clients. For over a decade, Chris worked in the SRS Acquiom Professional Services Group, where he led the teams that handled post-closing escrow claims, earnouts, purchase price adjustments, distributions of shareholder proceeds, and other activities related to serving as shareholder representative. Chris then managed our relationship manager, relationship associate, and deal intake teams, where he worked to ensure that our clients were able to navigate the closing and post-closing escrow and payments process as easily as possible.
Before joining SRS Acquiom, Chris practiced corporate law in the Colorado office of Cooley LLP, where he focused on venture capital transactions and mergers and acquisitions. He began his legal career at Cravath, Swaine & Moore LLP in New York City. At Cravath, he primarily represented underwriters in initial public offerings and high-yield debt offerings and lenders in commercial banking transactions.
Chris is a frequent contributor to M&A thought leadership through his work on SRS Acquiom data studies, articles, and speaking presentations. Chris holds a J.D. from Harvard Law School and a B.A. from Rice University.