Are you considering buying or selling your business? Are you planning a management buyout and want advice on structuring? Maybe you are looking at a merger opportunity with another business? We can help.
Mergers, acquisitions and management buyouts (M&A and MBO) are complex transactions that shape the future of your business. At Backhouse Solicitors, our expert Commercial Law solicitors provide clear, practical legal advice to help you navigate each stage of the process smoothly and protect your interests every step of the way.
Mergers and Acquisitions
Mergers and Acquisitions can help businesses stay competitive, grow quickly, respond to industry changes or take advantage of opportunities that would be difficult to pursue alone. They offer opportunities and challenges to reshape a business, grow, adapt, or strengthen the company’s position in the market.
While a merger typically involves two companies combining to form a new entity, an acquisition occurs when one company purchases another outright. In practice it is rare for a merger of exact equals, and there will be a lot of work to ensure that the cultures mesh together effectively to get the best out of the combined business.
Management Buyouts
A management buyout is a corporate transaction where the existing management team purchases a significant portion, or the entire share capital of the business from its current owners.
The advantage of a management buyout for the current owners is that the existing management team are a known and understood quantity. They are likely to have worked with the owners over a long period of time and have a vested interest in making the deal work and the business successful after the MBO. Taking ownership and full control can be a powerful stimulus to drive the business forward. The main potential downside for the current owners is that the sale price achieved may not be as high as that paid by a well funded external buyer such as a larger competitor.
If you or your management team are looking to be involved in a management buyout, our Corporate and Commercial team are here to explain your options and guide you through the process.
Buying or Selling a Business with Backhouse Solicitors
Businesses evolve and change constantly as new opportunities arise for diversifying, growing or even selling to realise an investment. If the time is right and you are looking to buy or sell a business, our expert commercial law team can guide you through all the stages and legal requirements giving you peace of mind and helping ensure no surprises or liabilities emerge in the future.
The work we will do for you will typically include:
- Understanding your goals and what you would like to achieve
- Establishing the right structure for the deal – for example should it be a share or asset purchase?
- Performing the legal due diligence if applicable
- Drafting the sale/purchase contracts and all of the related documents
- Making sure you have the right warranties and indemnities to protect you
- Dealing with the other side’s legal team to keep the deal on track
- Working with your banks or other funders in respect of any financing of the deal
For expert advice on buying or selling your business or any other aspect of corporate and commercial law, contact Backhouse Solicitors today to book a free initial consultation:
Tel: 01245 893400 | 01702 410880
Email: info@backhouse-solicitors.co.uk
Visit our Chelmsford office: 17 Duke Street, Chelmsford, Essex, CM1 1JU
Visit our Leigh-on-Sea office: 22-24 Elm Road, Leigh-on-Sea, Essex, SS9 1SN
Or send us a message through the Contact Us page on this website