When you buy or sell a business, you are trading in much more than the physical assets and the future financial forecasts. A business must preserve the value of its reputation, history, and capabilities as it changes hands. This is true whether you buy the assets and start a new business with them, or buy shares and continue the existing business
Whether you are dealing with the transfer of a business or shares in a company, you will appreciate the necessity of carefully managing the transfer of staff and the nurturing of existing business relationships, as well as the practical and legal adjustments.
These transactions often take place for considerable amount of money with tight deadlines. In particular, although transferring shares is simple, the background involves many complex issues, for example the authorisation of financial assistance for the acquisition of a company’s own shares, assumption of existing debts or loans, vendor warranties and warranty protection and the requirement for post-completion accounts.
Appointing legal experts fully able to handle the process proactively, going beyond a legal remit to advise and support you is essential in making that transaction a smooth one.
Elliot Mather has vast experience in this field, approaching every transaction with the same ambition and focus our clients have whether they are a buyer, seller or funder. This experience sees us working for clients large and small across the country. We have nurtured a highly specialised technical understanding of commercial transactions and risk assessment, and we excel in delivering that practical insight through a personable, honest service.
We will support you throughout the sale or purchase transaction of a business with assistance in:
- Risk assessment and valuation
- Valuation and negotiation of assets as part of sale
- Transfer of employees and business re-structuring
- Taking on existing debts and loans with a business
- Vendor warranties and warranty protection
- Post-completion accounts
- Risk assessment and valuation
- Transfer of employees and company re-structuring
- Shareholder agreements
