Our Fee Structure
Our fee structure is summarized below:
- An initial
retainer which covers all the agreed work carried out
by Alaris up to the point at which heads of terms (the outline
terms
of the deal prior to due diligence) are agreed between
our client and the preferred purchaser. This typically accounts
for
some fifteen
percent of the Company’s total fees on a transaction.
- A heads
of agreement fee at the point at which heads of terms
are reached. This also typically accounts for some fifteen
percent of
the Company’s total fees on a transaction.
- The transaction
fee, which is wholly contingent on completion of the deal.
This fee represents the majority of our fees and is charged
as a percentage of the consideration achieved. Depending
on our client's requirements, the transaction fee can also include
a performance-based
ratchet as an additional motivation to obtain the best possible
terms.
All our fee arrangements are subject to formal contract and are
agreed with the client and confirmed in writing in advance.
VAT
is chargeable on all our fees, except that provided the ultimate
transaction is a sale or acquisition of shares, the
transaction
fee should be VAT-exempt. The business VAT number is GB 833
0809 41.
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