At Richard Griffiths & Co we can give you the expert professional guidance you need to make the best decision regarding the sale or acquisition of a business. Whether you are a sole trader or a large concern, our dedicated team of solicitors are on hand to provide support and advice.
When buying or selling a private business there are two ways of structuring the transaction:
- A share sale is when you buy shares in the company that owns the business, or shareholders sell their shares in the company to the buyer.
- A business/asset sale happens either when you buy the assets of the company that comprise the business, or your company sells assets to the buyer.
Our experienced team will help you consider these options for structuring transactions and discuss the benefits and any risk involved.
We will carry out due diligence checks on proposed purchases, obtain disclosure from the other party to enable you to establish the health of the business. Our technical expertise means that our team can identify strengths and weaknesses of the business and ensure you are kept fully informed.
We can help you decide whether to go ahead with the purchase and make you aware of all the issues involved. We can negotiate warranties and indemnities to protect the position of both parties.
Above all we provide peace of mind that your business is in safe hands.