How our corporate lawyers can help
We have many years of experience in acting for buyers and sellers in respect of both share sales and asset/business sales.
A merger and/or acquisition performed in the right way can grow your business in the way which is most suitable to your business plan, where organic growth is not readily achievable.
We work closely with the firm’s other specialist teams who will usually be involved in the transaction, in particular the commercial property and employment teams to ensure that each aspect of the transaction is dealt with by solicitors with specialist knowledge.
A sale can result in you realising your business assets in a tax-efficient way and can provide you and your family with lifelong financial security.
We work together with other professional advisers (accountants, tax advisers and financial planners) to maximise the results of a sale for you.
Sale and purchase process
The typical sale process involves the following stages:
- Agreeing heads of terms
- Carrying out due diligence
- Agreeing the share purchase agreement or asset purchase agreement
- Disclosure stage
- Completion
The main document to be negotiated and agreed in any sale process will be the sale and purchase agreement. This can be a lengthy and complex document and will include key provisions such as consideration and payment terms which often include some form of adjustment, warranties and indemnities, and a tax covenant.
We appreciate that owners’ management time can be taken up when dealing with a company sale or purchase and we therefore ensure we do everything possible to make the process flow smoothly.
Share sale or asset/business sale?
There are advantages and disadvantages to either a share sale or asset sale. We regularly liaise with clients’ accountants and tax advisors and can discuss these factors with you, and your other professional advisers, to help you achieve the structure which is most suitable to you.
How our corporate lawyers can help
We have many years of experience in acting for buyers and sellers in respect of both share sales and asset/business sales.
A merger and/or acquisition performed in the right way can grow your business in the way which is most suitable to your business plan, where organic growth is not readily achievable.
We work closely with the firm’s other specialist teams who will usually be involved in the transaction, in particular the commercial property and employment teams to ensure that each aspect of the transaction is dealt with by solicitors with specialist knowledge.
A sale can result in you realising your business assets in a tax-efficient way and can provide you and your family with lifelong financial security.
We work together with other professional advisers (accountants, tax advisers and financial planners) to maximise the results of a sale for you.
Sale and purchase process
The typical sale process involves the following stages:
- Agreeing heads of terms
- Carrying out due diligence
- Agreeing the share purchase agreement or asset purchase agreement
- Disclosure stage
- Completion
The main document to be negotiated and agreed in any sale process will be the sale and purchase agreement. This can be a lengthy and complex document and will include key provisions such as consideration and payment terms which often include some form of adjustment, warranties and indemnities, and a tax covenant.
We appreciate that owners’ management time can be taken up when dealing with a company sale or purchase and we therefore ensure we do everything possible to make the process flow smoothly.
Share sale or asset/business sale?
There are advantages and disadvantages to either a share sale or asset sale. We regularly liaise with clients’ accountants and tax advisors and can discuss these factors with you, and your other professional advisers, to help you achieve the structure which is most suitable to you.
