Helping you embrace new opportunities
Buying or selling a business or its assets can be an exciting but stressful time. It is important to seek the correct advice at the earliest opportunity to ensure appropriate due diligence is carried out and the transaction is as transparent as possible.
Our Company & Commercial team are able to offer advice and support across all aspects of the transaction and, where appropriate, our Employment & HR team will step in to advise on complex employment issues such as TUPE Regulations.
Important things to consider:
- Preparation is crucial for any business transfer, acquisition or disposal.
- Many other parties are involved including advisers and bankers.
- We are able to provide services on both small and large-scale transactions, working closely with clients to secure retail businesses, hotels and licenced premises, international security firms, technology companies and a variety of other businesses.
What are business transfers, acquisitions and disposals?
Acquisitions can make or break a business. Selling a business is a significant decision for someone who has probably spent many hard years creating it from the ground up. In addition, it gives others an opportunity to build the strengths and eliminate the weaknesses they see in the company they acquire.
Business disposals mean passing on or disposing the business. Disposals could arise for a number of reasons. For example, retirement, the next generation of the family choosing to pursue a different career path or a business owner looking to realise their investment.
A business transfer occurs when a business (or part of a business) moves from one employer to another. It can include a merger where two companies combine to form a new one.
What services can we provide?
Whether you are buying or selling shares, our team will collaborate closely with you and any financial adviser. We’ll ensure you have protection from both a legal and financial position. Additionally, we will guide you through the often complex transactional process. We can also advise on reclassification, consolidation and sub-division of shares.
Making the decision to buy or sell a business is a strategic decision and can be very complex. Therefore, our solicitors will try and simplify the transaction process and ensure the best legal protections are available to you and your business. Furthermore, we can provide you with support and confidence to enable you to make the right decision for your business at the right time.