美国交易的专业服务费
你这笔交易要花多少专业服务费？
Deal Cost Index 衡量的是企业为完成一笔交易，付给投行、律所、会计师、承销商和数据室厂商的钱。收购价、估值倍数和融资成本不在本站范围内。
填入你这笔交易的参数，即可推算顾问费、律师费、会计费、尽职调查与数据室的成本。每一项都来自公开披露文件、已发表的调查或厂商价目表，并附原始出处链接。
测算出的专业服务费
$4.4M–$10.7M
卖方并购 · $250M
- M&A advisor fees 93%
- Deal counsel 5%
- Sell-side quality of earnings 2%
- Virtual data room <1%
合计为计入的 4 个费用项之和，依据公开披露文件、已发表的调查 与 厂商价目表推算。灰色项仅供参考，不计入合计。
这是推算，不是报价。 这个区间是依据其他交易的公开信息推算出来的。你这笔交易的实际费用取决于具体情况、你聘请的机构以及你谈下来的条件。本页内容不构成财务、法律、税务或投资建议。 条款与免责声明
| 费用项 | 中间一半区间与中位数 | 区间 |
|---|---|---|
| M&A advisor fees (all target-side advisors)Filed 58 条记录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中位数 $6.5M | |
| Fairness opinion fee (part of the advisor fee)Filed 45 条记录 · 仅供参考，不计入合计Portion payable on delivery of the opinion, from the same filings. Usually credited against the success fee. | $1M–$1.75M中位数 $1M | |
| Lehman / Double Lehman formulaFormula · 仅供参考，不计入合计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中位数 $3.9M | |
| Monthly retainerSurvey · 仅供参考，不计入合计$5,000–$10K a month is the most common retainer, over 6 months; most advisors credit it against the success fee. Firmex2025 | $30K–$60K中位数 $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中位数 $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中位数 $114K | |
| Virtual data roomList price 8 条记录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中位数 $3,764 | |
| R&W insuranceSurvey · 仅供参考，不计入合计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中位数 $850K | |
| Escrow held back (not a fee)Survey · 仅供参考，不计入合计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中位数 $7M |
| 合计 | $0$9.16M | $4.4M–$10.7M各项中位数之和 $6.97M |
每一项费用的依据说明、下方的注释，以及所用可比案例的表格保持英文：它们引用并转述其出处文件，本站不翻译引文。本页以英文版为准。
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.
| Target | Deal value | Advisor | Fee | % of value | Source |
|---|---|---|---|---|---|
| Greenbacker Renewable Energy | $375Mstated |  Wells Fargo Securities | $7M | 1.87% | DEFM14AOct 2026 |
| Nathans Famous, Inc. | $418Mcomputed |  Jefferies | $9.6M | 2.30% | DEFM14ASep 2026 |
| Luxfer Holdings PLC | $465Mcomputed |  Deutsche Bank | $8M | 1.72% | DEFM14ASep 2026 |
| AstroNova, Inc.acquired by Arcline | $225Mcomputed | Rockefeller | $4.2M | 1.87% | DEFM14AJul 2026 |
| Simulations Plus, Inc. | $375Mstated |  Morgan Stanley | $11M | 2.93% | DEFM14AJul 2026 |
| Open Lending Corpacquired by Anv | $236Mcomputed | FT | $8.7M | 3.68% | SC 14D9Jun 2026 |
| Cross Country Healthcare Inc. | $428Mcomputed |  BofA Securities | $6.12M | 1.43% | DEFM14AJun 2026 |
| XOMA Royalty Corp | $489Mcomputed | Leerink Partners | $18.4M | 3.76% | DEFM14AJun 2026 |
| Sun Country Airlines Holdings, Inc.acquired by Allegiant | $218Mcomputed |  Goldman Sachs | $22.6M | 10.36% | DEFM14AMar 2026 |
| Calavo Growers, Inc.acquired by Mission Produce | $486Mstated | Jefferies | $12.5M | 2.57% | DEFM14AMar 2026 |
| Diamond Hill Investment Group, Inc.acquired by First Eagle | $430Mcomputed | Broadhaven | $7M | 1.63% | DEFM14AJan 2026 |
| Crawford United Corporationacquired by Spx | $300Mstated | Lake StreetStout | $2.4M | 0.80% | DEFM14AJan 2026 |
| TrueCar, Inc. | $227Mcomputed | Morgan Stanley | $12.5M | 5.51% | DEFM14ANov 2025 |
| WideOpenWest, Inc.acquired by DigitalBridge and Crestview | $290Mstated | Centerview Partners | $19.4M | 6.69% | DEFM14AOct 2025 |
| scPharmaceuticals Inc. | $285Mcomputed | Leerink Partners | $8.8M | 3.09% | SC 14D9Sep 2025 |
| Potbelly Corporationacquired by RaceTrac | $409Mcomputed |  Piper Sandler | $6.9M | 1.69% | SC 14D9Sep 2025 |
| scPharmaceuticals Inc. | $285Mcomputed | Leerink Partners | $8.8M | 3.09% | SC 14D9Sep 2025 |
| Y-mAbs Therapeutics, Inc.acquired by Serb | $354Mcomputed | Centerview Partners | $9.1M | 2.57% | SC 14D9Aug 2025 |
| DallasNews Corp | $150Mcomputed |  J.P. Morgan | $5M | 3.34% | DEFM14AAug 2025 |
| iTeos Therapeutics, Inc. | $385Mcomputed |  TD Cowen | $9.5M | 2.47% | SC 14D9Aug 2025 |
| CARGO Therapeutics, Inc. | $202Mcomputed | TD Cowen | $4.3M | 2.13% | SC 14D9Jul 2025 |
| Sage Therapeutics, Inc.acquired by Supernus Pharmaceuticals | $452Mcomputed | Goldman Sachs | $14.7M | 3.25% | SC 14D9Jul 2025 |
| Verve Therapeutics, Inc.acquired by Eli Lilly and Company | $267Mcomputed | Centerview Partners Guggenheim Securities | $33.7M | 12.60% | SC 14D9Jun 2025 |
| PHX Minerals Inc.acquired by WhiteHawk Energy | $162Mcomputed |  RBCCMIntrepid | $4.25M | 2.62% | SC 14D9May 2025 |
| Checkpoint Therapeutics, Inc.acquired by Sun Pharmaceutical Industries (LW Securities engaged) | $475Mcomputed |  Kroll | $400K | 0.08% | DEFM14AApr 2025 |
| Akoya Biosciences, Inc.acquired by Quanterix Corporation | $199Mcomputed |  Perella Weinberg Partners | $3.5M | 1.76% | DEFM14AApr 2025 |
| 2seventy bio, Inc.acquired by Bristol-Myers Squibb | $262Mcomputed | Goldman Sachs | $8.58M | 3.28% | SC 14D9Apr 2025 |
| Logility Supply Chain Solutions, Incacquired by Aptean | $478Mcomputed |  Lazard | $9.8M | 2.05% | DEFM14AMar 2025 |
| Poseida Therapeutics, Inc. | $390Mcomputed | Centerview Partners | $25.5M | 6.54% | SC 14D9Dec 2024 |
| Poseida Therapeutics, Inc.acquired by Roche | $390Mcomputed | Centerview Partners | $25.5M | 6.54% | SC 14D9Dec 2024 |
| Universal Stainless & Alloy Products Inc | $456Mstated | TD Cowen | $8.1M | 1.78% | DEFM14ANov 2024 |
| ARC Document Solutions, Inc. | $162Mstated |  William Blair | $1M | 0.62% | DEFM14AOct 2024 |
| Iteris, Inc.acquired by Almaviva | $308Mcomputed | Morgan Stanley | $10.5M | 3.41% | DEFM14ASep 2024 |
| G1 Therapeutics, Inc. | $259Mcomputed | Centerview PartnersGuggenheim Securities | $16.9M | 6.54% | SC 14D9Aug 2024 |
| Desktop Metal, Inc. | $349Mcomputed |  Stifel | $4.2M | 1.20% | DEFM14AAug 2024 |
| The Aaron's Company, Inc.acquired by Iqv | $310Mcomputed | J.P. Morgan | $10.1M | 3.26% | DEFM14AAug 2024 |
| Alimera Sciences, Inc. | $498Mcomputed | Perella Weinberg PartnersCenterview Partners | $18M | 3.62% | DEFM14AAug 2024 |
| SilverBow Resources, Inc.acquired by Crescent | $391Mcomputed | BofA Securities Evercore | $32M | 8.18% | DEFM14AJun 2024 |
| Whole Earth Brands, Inc.acquired by Sababa | $211Mcomputed | Jefferies Citi | $13M | 6.17% | DEFM14AJun 2024 |
| Transphorm, Inc.acquired by Renesas | $323Mcomputed | BofA Securities | $6.21M | 1.92% | DEFM14AMar 2024 |
Showing 40 of 58, most recent first. The full list is on the dataset page.
数据集
- 660并购顾问费并购委托书与收购要约文件，2023 至 2026 年。按交易规模、机构分档、行业与委托方拆分的费用、成交才付的部分，以及每家高频投行的档案。
- 288律师费IPO、并购与第十一章案件中的律所：IPO 法律费用、合伙人小时费率，以及每家高频律所的档案。
- 86会计费用美国 IPO 的审计机构与发行人逐项列出的会计费用、盈利质量分析的报价，以及每家高频会计师事务所的档案。
- 502IPO 成本最终招股说明书。承销费率，以及逐项列出的法律、会计、印刷与上市费用。
- 52,571配售费Form D 私募融资，2023 Q1 至 2026 Q3。按规模、证券种类与行业拆分的佣金与中介费。
- 47第十一章聘用条件法院卷宗。债务人方各顾问的月度费用、重组费与小时费率。
- 132尽调、保险与资金托管针对披露文件不会逐笔公开的成本，收录已发表的调查与机构价目表。
- 25数据室公开标价、第三方估价与厂商自述的认证，按你的数据室条件计算总价。
- 639顾问机构名单来自 27 份公开名单的投行、律所与会计师事务所，是计算器里每个分档的依据。
如何引用
引用格式为 Deal Cost Index，“<页面标题>”，数据版本 2026.10.3，并附链接。底层数据以 CC BY 4.0 授权，可在方法论页下载 CSV；每一行都保留它所依据的文件或出版物链接。