Considerations: Navigating Earnouts

We’re thrilled to announce we are launching a new series at XST Capital Group: Considerations – a collection of thematic reports from XST Capital Group’s senior advisors, designed to provide actionable insights on timely industry topics.

The Considerations series will serve as a platform for practical, experience-driven perspectives on the topics that matter most in today’s dealmaking and growth environment. Each edition will focus on a single theme, providing analysis, lessons learned, and guidance drawn directly from leaders who have navigated these challenges firsthand. Among them are Kent Young, a seasoned entrepreneur who has successfully built and exited two gaming companies, and Jesse Wachtel, who has substantial early stage investing and operational management expertise.

In this inaugural report, Kent Young draws on his personal experiences to examine the opportunities and challenges of earnouts in gaming M&A transactions. From structuring upfront cash vs. equity to navigating regulatory approvals and shifting priorities post-sale, Kent outlines the key factors that founders and stakeholders should weigh when evaluating these arrangements.

Whether you are a CEO, investor, or operator, this piece offers practical guidance on how to approach one of the most critical and often misunderstood components of dealmaking. We think you’ll find it both insightful and relevant to the conversations happening across the sector today. We hope you enjoy the read. Stay tuned for further editions of Considerations covering other prominent topics across the gaming ecosystem. Thanks for joining us and please feel free to reach out to us if you have any feedback.

Read the full report here: Considerations