Transaction cost estimates for companies, projected from public filingsContent updated Oct 29, 2026
Deal Cost Index M&A · IPO · Private capital · Chapter 11

美國交易的專業服務費

你這筆交易要花多少專業服務費?

Deal Cost Index 衡量的是企業為完成一筆交易,付給投行、律所、會計師、承銷商與資料室廠商的錢。收購價、估值倍數與融資成本不在本站範圍內。

填入您這筆交易的參數,即可試算顧問費、律師費、會計費、實地查核與資料室的成本。每一項都來自公開揭露文件、已發表的調查或廠商價目表,並附原始出處連結。

交易類型
公司情況
您想聘請誰 分級沿用公開的排行榜與產業名單,不代表對品質的評等。某家機構被公開揭露過三筆以上費用後,才會單獨列出名稱。 機構如何分組
時程與資料室

試算出的專業服務費

$4.4M–$10.7M 賣方併購 · $250M
  • M&A advisor fees 93%
  • Deal counsel 5%
  • Sell-side quality of earnings 2%
  • Virtual data room <1%

合計為計入的 4 個費用項之和,依據公開揭露文件、已發表的調查 與 廠商價目表推算。灰色項僅供參考,不計入合計。

這是推估,不是報價。 這個區間是依據其他交易的公開資訊推估而來。您這筆交易的實際費用取決於具體情況、您聘請的機構以及您談成的條件。本頁內容不構成財務、法律、稅務或投資建議。 條款與免責聲明

費用項中間一半區間與中位數區間
M&A advisor fees (all target-side advisors)Filed 58 筆紀錄Total target-side advisor fees as a share of deal value in 58 disclosed deals ($125M–$500M): median 2.60%, middle half 1.73%–3.66%. Public-target deals; private deals of this size usually pay at least as much.
$4.32M–$9.16M中位數 $6.5M
Fairness opinion fee (part of the advisor fee)Filed 45 筆紀錄 · 僅供參考,不計入合計Portion payable on delivery of the opinion, from the same filings. Usually credited against the success fee.
$1M–$1.75M中位數 $1M
Lehman / Double Lehman formulaFormula · 僅供參考,不計入合計5-4-3-2-1 and 10-8-6-4-2 schedules applied to $250M. Shown for reference; this is not an observed fee.
$2.6M–$5.2M中位數 $3.9M
Monthly retainerSurvey · 僅供參考,不計入合計$5,000–$10K a month is the most common retainer, over 6 months; most advisors credit it against the success fee. Firmex2025
$30K–$60K中位數 $45K
Deal counselSurveyExternal legal spend per M&A deal reported by US private equity firms (average $353K, range $50K–$1M, 2020 data). Large-firm partners in New York averaged $1,972/hour in H1 2025. Apperio2020 Wolters Kluwer ELM Solutions via B2025
$50K–$1M中位數 $353K
Sell-side quality of earningsSurveyPublished price ranges for a >$150M deal: boutique providers $25K–$50K, buy-side QoE $150K–$400K, sell-side priced 10–30% higher. BD Emerson2026 Bedrock Quality of Earnings2026
$25K–$520K中位數 $114K
Virtual data roomList price 8 筆紀錄Middle half of list-price totals from 8 vendors whose published plans cover 20 GB and 2 admins for 6 months, billed monthly where offered. Plans are priced for the months billed, not the months used. How data room totals are calculated
$2,499–$18K中位數 $3,764
R&W insuranceSurvey · 僅供參考,不計入合計Limit 10% of EV ($25M) × rate on line 2–3.5% (Q4 2025 average 3.23%), plus underwriting fee and up to 6% surplus lines tax. Gallagher2025 Vanbridge2024 Vanbridge2024 Typically paid by the buyer; sometimes split.
$535K–$978K中位數 $850K
Escrow held back (not a fee)Survey · 僅供參考,不計入合計Cash withheld from proceeds, typically released after ~12 months: median 2.8% of deal value with R&W insurance, 10% without. DealLawyers.com2026 SRS Acquiom2025 Typically paid by the buyer; sometimes split.
continues to $25M →
$7M–$25M中位數 $7M
合計
$0$9.16M
$4.4M–$10.7M各項中位數之和 $6.97M

每一項費用的依據說明、下方的註釋,以及所用可比案例的表格保持英文:它們引用並轉述其出處文件,本站不翻譯引文。本頁以英文版為準。

Public-company deals used ($125M–$500M)

Each fee is taken from the filing; hover over a fee to see the sentence it comes from. Deal values marked “computed” are the cash price per share multiplied by shares outstanding.

TargetDeal valueAdvisorFee% of valueSource
Greenbacker Renewable Energy$375MstatedWells Fargo Securities$7M1.87%DEFM14AOct 2026
Nathans Famous, Inc.$418McomputedJefferies$9.6M2.30%DEFM14ASep 2026
Luxfer Holdings PLC$465McomputedDeutsche Bank$8M1.72%DEFM14ASep 2026
AstroNova, Inc.acquired by Arcline$225McomputedRockefeller$4.2M1.87%DEFM14AJul 2026
Simulations Plus, Inc.$375MstatedMorgan Stanley$11M2.93%DEFM14AJul 2026
Open Lending Corpacquired by Anv$236McomputedFT$8.7M3.68%SC 14D9Jun 2026
Cross Country Healthcare Inc.$428McomputedBofA Securities$6.12M1.43%DEFM14AJun 2026
XOMA Royalty Corp$489McomputedLeerink Partners$18.4M3.76%DEFM14AJun 2026
Sun Country Airlines Holdings, Inc.acquired by Allegiant$218McomputedGoldman Sachs$22.6M10.36%DEFM14AMar 2026
Calavo Growers, Inc.acquired by Mission Produce$486MstatedJefferies$12.5M2.57%DEFM14AMar 2026
Diamond Hill Investment Group, Inc.acquired by First Eagle$430McomputedBroadhaven$7M1.63%DEFM14AJan 2026
Crawford United Corporationacquired by Spx$300MstatedLake StreetStout$2.4M0.80%DEFM14AJan 2026
TrueCar, Inc.$227McomputedMorgan Stanley$12.5M5.51%DEFM14ANov 2025
WideOpenWest, Inc.acquired by DigitalBridge and Crestview$290MstatedCenterview Partners$19.4M6.69%DEFM14AOct 2025
scPharmaceuticals Inc.$285McomputedLeerink Partners$8.8M3.09%SC 14D9Sep 2025
Potbelly Corporationacquired by RaceTrac$409McomputedPiper Sandler$6.9M1.69%SC 14D9Sep 2025
scPharmaceuticals Inc.$285McomputedLeerink Partners$8.8M3.09%SC 14D9Sep 2025
Y-mAbs Therapeutics, Inc.acquired by Serb$354McomputedCenterview Partners$9.1M2.57%SC 14D9Aug 2025
DallasNews Corp$150McomputedJ.P. Morgan$5M3.34%DEFM14AAug 2025
iTeos Therapeutics, Inc.$385McomputedTD Cowen$9.5M2.47%SC 14D9Aug 2025
CARGO Therapeutics, Inc.$202McomputedTD Cowen$4.3M2.13%SC 14D9Jul 2025
Sage Therapeutics, Inc.acquired by Supernus Pharmaceuticals$452McomputedGoldman Sachs$14.7M3.25%SC 14D9Jul 2025
Verve Therapeutics, Inc.acquired by Eli Lilly and Company$267McomputedCenterview PartnersGuggenheim Securities$33.7M12.60%SC 14D9Jun 2025
PHX Minerals Inc.acquired by WhiteHawk Energy$162McomputedRBCCMIntrepid$4.25M2.62%SC 14D9May 2025
Checkpoint Therapeutics, Inc.acquired by Sun Pharmaceutical Industries (LW Securities engaged)$475McomputedKroll$400K0.08%DEFM14AApr 2025
Akoya Biosciences, Inc.acquired by Quanterix Corporation$199McomputedPerella Weinberg Partners$3.5M1.76%DEFM14AApr 2025
2seventy bio, Inc.acquired by Bristol-Myers Squibb$262McomputedGoldman Sachs$8.58M3.28%SC 14D9Apr 2025
Logility Supply Chain Solutions, Incacquired by Aptean$478McomputedLazard$9.8M2.05%DEFM14AMar 2025
Poseida Therapeutics, Inc.$390McomputedCenterview Partners$25.5M6.54%SC 14D9Dec 2024
Poseida Therapeutics, Inc.acquired by Roche$390McomputedCenterview Partners$25.5M6.54%SC 14D9Dec 2024
Universal Stainless & Alloy Products Inc$456MstatedTD Cowen$8.1M1.78%DEFM14ANov 2024
ARC Document Solutions, Inc.$162MstatedWilliam Blair$1M0.62%DEFM14AOct 2024
Iteris, Inc.acquired by Almaviva$308McomputedMorgan Stanley$10.5M3.41%DEFM14ASep 2024
G1 Therapeutics, Inc.$259McomputedCenterview PartnersGuggenheim Securities$16.9M6.54%SC 14D9Aug 2024
Desktop Metal, Inc.$349McomputedStifel$4.2M1.20%DEFM14AAug 2024
The Aaron's Company, Inc.acquired by Iqv$310McomputedJ.P. Morgan$10.1M3.26%DEFM14AAug 2024
Alimera Sciences, Inc.$498McomputedPerella Weinberg PartnersCenterview Partners$18M3.62%DEFM14AAug 2024
SilverBow Resources, Inc.acquired by Crescent$391McomputedBofA SecuritiesEvercore$32M8.18%DEFM14AJun 2024
Whole Earth Brands, Inc.acquired by Sababa$211McomputedJefferiesCiti$13M6.17%DEFM14AJun 2024
Transphorm, Inc.acquired by Renesas$323McomputedBofA Securities$6.21M1.92%DEFM14AMar 2024

Showing 40 of 58, most recent first. The full list is on the dataset page.

資料集

  1. 660併購顧問費併購委託書與收購要約文件,2023 至 2026 年。依交易規模、機構分級、產業與委託方拆分的費用、成交才付的部分,以及每家高頻投行的檔案。
  2. 288律師費IPO、併購與第十一章案件中的律所:IPO 法律費用、合夥人小時費率,以及每家高頻律所的檔案。
  3. 86會計費用美國 IPO 的查核機構與發行人逐項列出的會計費用、獲利品質分析的報價,以及每家高頻會計師事務所的檔案。
  4. 502IPO 成本最終公開說明書。承銷費率,以及逐項列出的法律、會計、印刷與上市費用。
  5. 52,571配售費Form D 私募融資,2023 Q1 至 2026 Q3。依規模、證券種類與產業拆分的佣金與仲介費。
  6. 47第十一章聘用條件法院卷宗。債務人方各顧問的月度費用、重組費與小時費率。
  7. 132實地查核、保險與信託保留款針對揭露文件不會逐筆公開的成本,收錄已發表的調查與機構價目表。
  8. 25資料室公開標價、第三方估價與廠商自述的認證,依您的資料室條件計算總價。
  9. 639顧問機構名單來自 27 份公開名單的投行、律所與會計師事務所,是計算器中每個分級的依據。

如何引用

引用格式為 Deal Cost Index,「<頁面標題>」,資料版本 2026.10.3,並附連結。底層資料以 CC BY 4.0 授權,可於方法論頁下載 CSV;每一列都保留其依據的文件或出版物連結。