{"id":295532,"date":"2026-06-10T08:33:26","date_gmt":"2026-06-10T15:33:26","guid":{"rendered":"https:\/\/jthelander.com\/?p=295532"},"modified":"2026-06-10T08:33:26","modified_gmt":"2026-06-10T15:33:26","slug":"private-company-mergers-and-acquisitions","status":"publish","type":"post","link":"https:\/\/brightturn.io\/?p=295532","title":{"rendered":"Private company M&amp;A activity is up. Is your company prepared? Find out in 2 charts."},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Global M&amp;A hit a historic milestone in Q1 2026. According to <a href=\"https:\/\/pitchbook.com\/news\/reports\/q1-2026-global-m-a-report\" target=\"_blank\" rel=\"noreferrer noopener\">PitchBook<\/a>, &#8220;total deal value reaching an estimated $1.6 trillion\u2014a new quarterly record\u2014up 50.6% YoY despite a backdrop of trade policy uncertainty, geopolitical tension, and AI-driven disruption risk.&#8221; North America led the way, and &#8220;liquidity remains abundant with buyers and sellers finding terms.&#8221; With M&amp;A activity at record levels, one of the most important things to have in place before a transaction are your liquidation preferences.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Liquidation Preferences<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Whether preferred stockholders receive a liquidation preference plus a pro-rata share determines the portion of the proceeds remaining for founders and employees, if they do, everyone else draws from a smaller pool.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/jthelander.com\/wp-content\/uploads\/Screen-Shot-2026-06-10-at-11.42.08-AM-700x351.png\" alt=\"\" class=\"wp-image-295540\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">In 2025, 55% of companies had a liquidation preference for preferred stockholders, up 10% from 2024. This was highest among medical device companies at 61%. Followed closely by biotech, 53%, and tech, 52%. <\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/jthelander.com\/wp-content\/uploads\/Screen-Shot-2026-06-10-at-11.42.14-AM-700x351.png\" alt=\"\" class=\"wp-image-295541\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What&#8217;s The Bottom Line? <\/strong>Regardless of whether there is an M&amp;A transaction on the horizon, having access to\u00a0data\u00a0is paramount. Participate in the\u00a0<a href=\"https:\/\/survey.jthelander.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Thelander Private Company M&amp;A and Change of Control &amp; Severance Survey<\/a>\u00a0to secure your complimentary participant report and access real-time benchmarking\u00a0data. Interested in the report as a one-off? Check out our <a href=\"https:\/\/jthelander.com\/private-company-compensation-data-j-thelander-consulting\/\" target=\"_blank\" rel=\"noreferrer noopener\">private company subscriptions<\/a>. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global M&amp;A hit a historic milestone in Q1 2026. According to PitchBook, &#8220;total deal value reaching an estimated $1.6 trillion\u2014a new quarterly record\u2014up 50.6% YoY despite a backdrop of trade policy uncertainty, geopolitical tension, and AI-driven disruption risk.&#8221; North America led the way, and &#8220;liquidity remains abundant with buyers and sellers finding terms.&#8221; With M&amp;A [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[4],"class_list":["post-295532","post","type-post","status-publish","format-standard","hentry","category-data-drops","tag-private-company"],"_links":{"self":[{"href":"https:\/\/brightturn.io\/index.php?rest_route=\/wp\/v2\/posts\/295532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/brightturn.io\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/brightturn.io\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/brightturn.io\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/brightturn.io\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=295532"}],"version-history":[{"count":0,"href":"https:\/\/brightturn.io\/index.php?rest_route=\/wp\/v2\/posts\/295532\/revisions"}],"wp:attachment":[{"href":"https:\/\/brightturn.io\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=295532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/brightturn.io\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=295532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/brightturn.io\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=295532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}