What is the typical compensation for searchers when they handover a deal that they still had in their pipeline after successfully acquiring another company? We are currently in this situation. The deal to be handed over is for a software company with an EV around $20M. At the time of handover, interactions with the company had been taking place for nearly a year, commercial due diligence had started and an on-site visit had taken place. Paid due diligence is yet to be done and will need to be financed by the new fund. The initial proposal is: • $150k cash on close • 3% equity on close • 2% equity based on performance hurdles Is this a typical compensation, and are there other examples out there that we can base our discussions on? Thanks in advance for your advice!