Prime Escrow is dedicated to providing escrow solutions and risk mitigation through a team of highly experienced professionals who are dedicated to integrity and service to their clients. For over 20 years Prime Escrow has been securing transactions and providing a protected payment process to allow our clients to work more efficiently and securely.
For over 20 years Prime Escrow has been securing transactions and providing a protected payment process to allow our clients to work more efficiently and securely.
The Escrow Assets are held to cover unforeseen costs or damages protected by a warranty or indemnity.
The Escrow Assets are held subject to the fulfilment of certain pre-conditions, generally the performance.
Investors can deposit their funds with a trusted third party to be held until the investment has reached the relevant threshold.
Subject to pre-determined payment instructions, which can be used to fulfil a variety of requirements.
A tailored Escrow Arrangement designed specifically for Medical Reporting Organisations to meet the requirements of Medical Companies.
Experienced lawyers and accountants with extensive experience of handling corporate and commercial transactions.
It is not uncommon for an escrow account to be needed at relatively short notice and we will be on hand to ensure that it does not delay matters.
We are also always open to tailoring the arrangements to your specific needs or starting from an agreement produced by your lawyers.
Escrow arrangements are often most valuable when they are used in the acquisition of an entire private firm, rather than the acquisition of a subsidiary of a larger group (where the buyer would have recourse against the remaining group for an indemnity/warranty claim). As a result, escrow contracts are used in 65% of private firm acquisitions compared with only 32% of subsidiary acquisitions.
Time spent on due diligence is reduced by an average of 50% and the benefits are most likely to be seen when there is significant asymmetry in the knowledge.
Even after allowing for potential claims on the escrow account, sellers typically receive a 6% increase in proceeds when an escrow account is used.
Not all of the benefits from the escrow account are passed to the sellers and the share price reaction of public companies acquiring private companies using an escrow arrangement.