10x Market Launches Merger & Acquisition Tax Calculator SAAS

CHICAGO - Aug. 10, 2015 - PRLog -- Chicago, USA: -- August 10, 2015 – EndFragment10x Market, LLC (“10x”) today announced the launch of its 10x Calculator 1.0, a cloud-based SAAS that helps mergers & acquisitions (“M&A”) advisors estimate M&A taxes and deductions and optimize transaction structuring. After five months of private beta testing and two years of feedback-based development, 10x Calculator 1.0 is designed to be used at the initial stages of an M&A transaction prior to, and in connection with, purchase price negotiations.

M&A purchase price negotiations can be complicated. As an example, for an S corporation, there are generally eight available M&A sale structures. Some are more favorable to the seller; others, to the buyer. Typically, what’s good for the seller is not so good for the buyer. The calculator helps you reconcile the differences economically.

“M&A purchase price is the intersection of many disciplines, principally, corporate finance, accounting, M&A tax law and M&A corporate law,” explained David Lee, CEO and co-founder of 10x. “So you need a team of experts to help you navigate. Sophisticated investors have multiple teams assembled and ready to go. In contrast, most owner-operators don’t even know they need a team. The playing field isn’t level, and we’re changing that by leveraging technology.” Prior to co-founding 10x, David was an M&A lawyer representing some of the world’s leading private equity firms in connection with buyouts in the lower-middle to upper-middle market space.

10x Calculator 1.0 also produces a 30+ page report that walks you through each line item of M&A purchase price, including transaction structuring, taxes and tax benefits. “In about 15 minutes, business owners find out what they really want to know: what they can take home after taxes,” said Arnie Choi, co-founder of 10x. In addition to 10x, Arnie co-founded Hostway, one of the world’s largest web-hosts.

“If I had the calculator when I sold my business,” added Young Chang, who sold his distribution business three years ago, “I’d be in Hawaii, rather than working crazy hours for 10x. Just kidding.” Young heads up sales and marketing for 10x and has extensive knowledge in distribution and operations.

About 10x: 10x leverages top-tier expertise and technology to democratize M&A. To learn more about 10x Market, LLC and the 10x Calculator 1.0, visit www.10xmarket.com.