The terms of sale are the heart of the purchase and sale agreement. They define what is being purchased, how much it costs and how payment will be made. Read More
Positive covenants and restrictive covenants in a Purchase Agreement protect the value of the Company for the Buyer but may be overlooked. Read More
An owner selling his business gets 3 high pre-emptive bids. Should he take a deal or allow the competitive bidding process to continue? Read More
There are five basic M&A deal structures, including four share acquisition methods and one asset acquisition method. What are the benefits of each structure? Read More
Don’t Leave Valuation to Chance Valuation is the determination of the worth of an entity or item. According to Erin Hollis “A valuation can be as loose as a guess, to a ‘back of the envelope’ calculation, to a formal opinion rendered by a third-party professional business valuation expert”. Having the right valuation of your […] Read More
When buying a business, buyers may use any four acquisition financing structures: cash purchase, third-party funding, seller financing and stock swaps. Read More
Asset acquisitions are presumed to be free and clear of claims against the seller. But liabilities can pass to the buyer, resulting in a de facto merger. Read More
In a purchase agreement, boilerplate provisions clarify the terms of the contract, who has contractual rights and how disputes are handled. Read More
An asset sale and a share sale have different implications for buyer and seller regarding taxes, liabilities and more. Learn the pros and cons of each. Read More
The letter of intent to purchase or acquire a business is the first step in the M&A process. As a seller, these are the terms to look for in an LOI. Read More