Attorney Publication
10/27/2025
Andrew Lucano & Moshe Berliner Write about Seyfarth’s 2025 Middle Market M&A Survey Findings in Am Law & NY Law Journal
The American Lawyer (Law.com) and the New York Law Journal both published an article by Seyfarth M&A co- chair Andrew Lucano and associate Moshe Berliner, “Risk, Reward, and Resilience: Middle-Market M&A’s 2025 Balancing Act,” highlighting key insights from Seyfarth’s 2025 Middle Market M&A Survey. Seyfarth’s proprietary research analyzes key transaction terms from more than 150 middle market private target acquisition agreements signed in 2024 and the first half of 2025.
“The 2024/2025 data paints a picture of a middle-market M&A environment that is recalibrating and renegotiating the balance of risk. Dealmakers are proceeding with discipline, structuring transactions to share risk more thoughtfully and preserve value amid continued uncertainty. The widespread use of R&W insurance, rise in earnout size, and larger escrows in uninsured deals reflect a pragmatic market—one focused on certainty, disciplined deployment of capital, and measured pursuit of value.”