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Buying and selling a business

Excerpt: Buying or selling a business is always a tough decision. It also has the potential to be a complicated one, with multiple legal issues to be considered before a successful transaction can be completed. Which is why you need a comprehensive plan of action from the word go.

It’s our business to provide clear, effective, easily understood legal advice on all aspects of buying and selling a business, whether that invaluable input is in relation to an asset sale or a share sale. Naturally, our advice is tailored to the individual business, protecting buyers and sellers alike from pre and post completion risk. We can also point you in the right direction for any financing requirements, details of which can be found on our corporate finance page.

The experience behind us keeps us in front

We’re not new to this. In fact, our Commercial Solicitors have over 20 years’ experience and an impressive track record of successfully completing a diverse range of transactions, from the sale of small and medium-size regionally based companies to large multinational businesses and cross border deals.

In our experience, every deal is unique. Our experienced commercial team focus on the legal advice and procedure allowing you to remain focussed on the key management and operational decisions affecting the business.

There is no substitute for early, fast, pragmatic legal and other professional advice to guide you through the transaction for two key reasons:

  1. To ensure certainty – are you clear exactly what it is you are buying or selling? Does the agreement reflect that?
  2. To protect your investment, or the proceeds of your sale, against unexpected liabilities.

Work carried out by the team include:

  • Business sales, mergers and acquisitions
  • Due diligence
  • Confidentially agreements and non-disclosure agreements (NDA)
  • Contracts of sale
  • Corporate finance
  • Contractual agreements with customers, suppliers, and key employees
  • advice and legal services to overseas companies buying or investing in the UK.

Why clients use our services when buying or selling a business

Ranked in the Legal 500, the leading guide to law firms and solicitors in the UK ‘nothing is too much trouble for practice head Richard Bailey, who stands out for his timely and detailed advice on complex M&A deals’

Alistair Ponder is noted as a ‘trusted advisor’ to his business clients. His previous in-house lawyer experience provides insights to how a business actually works, with good legal practice he distils issues in a straightforward manner to provide clear, concise, proactive advice.

For anyone about to start down either road, read our essential guide which outlines the main considerations that apply in buying or selling a business

For more information on how Steeles Law Corporate and Commercial team can support you and your business, please call 01603 598000 or email info@steeleslaw.co.uk and a member of the team will be happy to assist. Appointments are available in Norwich, Diss and London offices.