The sale or purchase of a business can be a daunting prospect in terms of time and money. The process can be complex and pitted with obstacles so having the right support and guidance is critical to ensuring the success of the transaction.
Our Commercial Team provides clients with specialist expertise in all aspects of business sales and purchases, ensuring the client’s investment is protected and future plans are realised.
We recognise that clients want to ensure that their new business venture is built on solid foundations and provide our clients with a cost-effective route through the entire process, from negotiations through to due diligence, drafting agreements and completion.
In addition, our team are able to provide advice on employment issues arising in business sales & purchases, including:
- Collective Consultations
- Multiple redundancies
- Transfer of Undertakings (TUPE)
Example of our experience: Business Sales and Purchases
The Commercial Team acted on the sale of a specialist insurance company worth more than £2 million. The deal involved dealing with all of the purchasers’ enquiries and reviewing all of the contractual documentation. It was paramount that the clients’ interests remained protected and that we facilitated a smooth handover of their business, clients and employees.