Escrow service recommendation?

searcher profile

August 11, 2022

by a searcher in New York, NY, USA

I’m about to close my first acquisition of a SaaS company. Does anyone have recommendations for a cost-effective escrow service providers or firms? Ideally, they have experience with tech / e-commerce M&A. Thank you in advance!

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commentor profile
Reply by a professional
from University of Minnesota in Minneapolis, MN, USA
It can be tricky when real estate isn't involved, but if someone on the transaction (lender, attorney, accountant, etc.) has a good relationship with a title company, they are generally equipped to handle escrow funds. In my experience, the smaller the title company, the greater the likelihood they will play ball.
commentor profile
Reply by a professional
from Bentley College in Miami, FL, USA
I think there's a gap in the market for this. Escrow.com is the most popular current solution but take a look at some of their reviews on Trustpilot.
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