Practice area

Buying or Selling a Business

Selling your company or buying another one is often the biggest transaction of an owner's career. We represent buyers and sellers of privately held businesses and guide them from first offer to closing. Across our practice, we advise clients in deals ranging from a few hundred thousand to a few million dollars.

What we handle

  • Deal structure

    Asset purchases, stock or membership interest purchases, mergers and joint ventures.

  • Letters of intent

    Negotiating price, structure and key terms before the deal is papered.

  • Due diligence

    Organizing a seller's records, or reviewing a target's contracts, liabilities and IP for a buyer.

  • Purchase agreements

    Drafting and negotiating the purchase agreements, ancillary agreements and closing documents.

  • Financing documents

    Promissory notes, security agreements and other documents for seller-financed and lender-financed deals.

  • Closing and after

    Employment, consulting and transition agreements for owners and key staff.

Who we work with

Owners selling their businesses, companies buying competitors or suppliers, and partners buying each other out, across consumer products, wholesale, technology, restaurants, apparel and e-commerce.

Common questions

What's the difference between an asset sale and a stock sale?

In an asset sale the buyer picks which assets and liabilities it takes. In a stock sale the buyer takes the whole company, including its liabilities. Each choice has different tax and risk consequences.

Is a letter of intent binding?

Usually only in part. Price and deal terms are often non-binding, while confidentiality and exclusivity provisions typically are binding.

General information only, not legal advice for your situation.

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Book a consultation

Tell us about your matter and we'll call you back to schedule a consultation.