Pre-close · B2B Services

Customer Contract Assignment Counsel for B2B Services Acquisitions

When the deal is B2B services and the question is Customer Contract Assignment, the structure decisions in the first 30 days outlast the next five years. This is where Jason Powell works.

EV range $8M to $90M EV EBITDA $2M to $18M Audience Buy-side / Sponsor
The deal context

B2B Services deals in the lower middle market run a specific playbook. Customer Contract Assignment is where the structure either holds or starts to leak.

The typical B2B services platform sits at $8M to $90M EV with EBITDA in the $2M to $18M range. The thesis runs on recurring revenue service platform with bolt-on operators. Most B2B services deals look better in the CIM than in the data room. Skip the CIM, ask for the contracts.

The moves

How Customer Contract Assignment actually gets structured.

  1. Identify contracts with anti-assignment clauses, especially in government and healthcare.

  2. Plan the customer communication sequence to protect retention.

  3. Map consent collection against the closing checklist, with material thresholds defined.

  4. Address change-of-control notifications even where consent is not required.

  5. In B2B services, layer in MSA assignability mapped customer-by-customer as part of the Customer Contract Assignment workstream.

The common mistake

Asking every customer for consent. You alarm customers who would have been silent.

Jason's take
"Customer assignment is a sales motion, not a legal one. Lead with operations, follow with paper."
Jason Powell · Customer Contract Assignment
Capital after close

The deal is one thing. The capital that opens up after close is another.

Capital after close is where the IRR actually gets made. The right introductions at month nine through month thirty are where this practice works as hard as it does at the LOI.

MONTH 18
Senior refi
MONTH 24
Dividend recap
MONTH 36
Growth equity
YEAR 4–5
Strategic exit
WORK WITH JASON

Bring the B2B services deal. Get Customer Contract Assignment done right.

Direct counsel from a securities and M&A attorney with billions in structured transactions, the independent-sponsor-native playbook, and the capital markets network that opens up post-close.