From Enterprise Value to Purchase Price
Buyer and seller agree on enterprise value — yet the purchase price is still unsettled. This guide explains the equity bridge: the addition-and-subtraction exercise that turns the headline number into the amount that actually reaches your account.
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Table of contents
Chapter 1
Purchase Price Fundamentals
Why the headline enterprise value is not the price you receive — the debt-free, cash-free logic and every block of the equity bridge that closes the gap.
Chapter 2
The Equity Bridge in Practice
A fully worked bridge from enterprise value to cash in your account, with working-capital adjustments and the Locked Box vs. Closing Accounts choice.
Chapter 3
Pitfalls, Negotiation & Conclusion
Where sellers quietly lose money on the bridge, six moves to hold the line, and the single number that matters on signing day.
Here's what founders and advisors say
Sophie van der Berg
CEO @ VDP
“I read this before our first advisor meeting, and it completely changed how we approached the deal structure.”
About the author
Felix Buschkotte
Advisor @ Grunwald
An IT entrepreneur for over seven years with a successful exit. He has guided the sale of his own family business as well as numerous private-equity acquisitions as an advisor.
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