Business Acquisitions

Our commercial lawyers are highly experienced in dealing with the complexities involved in business acquisitions and mergers, with many years working with businesses in a variety of industries. We have a practical and tax efficient approach.

Key legal issues and documents when buying a business

The key stages and documents in most corporate acquisition transactions are :-

1. The heads of agreement - usually includes the basic framework of the deal.

2. Due diligence.

3. The Sale and Purchase Agreement - the formal agreement for the deal, including the key issues of warranties.

4. Payment structure - Negotiations on any deferred consideration, non cash consideration or earn out.

5. Employment law aspects - such as whether directors and senior employees are required to stay on, non-compete provisions and TUPE issues.

6. Commercial Property aspects of the transaction and transfer of assets.

7. Corporate approvals and company law compliance.

8. A disclosure letter which reduces the legal risks of warranty claims for the sellers.

Whether you are planning to buy a company, are involved in a management buy out or merger, our specialist lawyers can steer you through the entire process.