Just released: The Q2, 2026 Exit Readiness Index. See how ready owners really are to sell. Get the free report →
Connect with Kiran Merchant on LinkedIn
Definitions
Due-Diligence: This is a comprehensive appraisal of a business or investment undertaken before a merger, acquisition, or investment. It seeks to validate the information provided and uncover any potential risks or liabilities.
Earn-out: This is a financing arrangement for the purchase of a business, where the seller must meet certain performance goals before receiving the full purchase price. It reduces the buyer’s risk and aligns the interests of both parties post-acquisition.
Letter of Intent (LOI): This document outlines the basic terms and conditions of a deal before a formal agreement is drawn up. It serves as a mutual commitment between the buyer and the seller to move forward with the transaction on the agreed-upon terms.
Kiran Merchant
Kiran Merchant is a seasoned aviation expert leading Merchant Aviation, a consultancy known for innovative airport development. With extensive experience in strategic planning and project execution, Kiran has significantly contributed to over 50 international airports. Their work includes key roles in major projects such as JFK Terminal 8, LaGuardia Terminal B, and EWR Long-Term Redevelopment. Kiran’s expertise in navigating complex relationships between regulatory agencies, airlines, and airports has been pivotal in enhancing operational efficiencies and passenger experiences, while boosting airport revenues.