At DTM Legal, our team of expert solicitors in the Corporate & Commercial Team is dedicated to providing unparalleled guidance and support in sales, mergers, and acquisitions. With decades of experience and a deep understanding of business transactions, we are committed to working closely with our clients to meet their unique needs, ensuring a smooth and successful process.
Selling a Business
Selling a business is a significant decision that requires careful planning and execution to achieve the best possible results. At DTM Legal, we guide you through every step of the process, ensuring your interests are protected and you achieve the optimal outcome.
From preparing your business for sale to completing the transaction, we ensure that all legal requirements are met, allowing you to proceed with confidence. As your trusted legal partner, we operate with the utmost diligence and transparency ensuring any potential issues are resolved promptly and effectively.
Mergers and Acquisitions
Mergers and acquisitions can be transformative for businesses, offering opportunities for growth, diversification, and increased market share. At DTM Legal, we provide expert advice and support throughout the entire process.
We collaborate with you to develop a strategic plan that aligns with your business goals and objectives. Collaborating with tax and financial advisors, we conduct comprehensive assessments of the financial and legal implications of the transaction. Our solicitors help negotiate the terms of the merger or acquisition, ensuring your interests are protected.
What to Expect – Business Transactions
The time the transaction takes can vary depending on the complexity and size of the business, negotiations, and the preparedness of the parties involved, but is typically around three months. At DTM Legal, we provide transparent pricing and will discuss all potential costs during your initial consultation based on our extensive experience in the field of sales, mergers and acquisitions. Additionally, we can prepare confidentiality agreements, exclusivity agreements and comprehensive heads of terms and can provide secure data handling procedures to protect your sensitive information throughout the process.
To better prepare for your initial consultation with a member of our team, here are some key pieces of information and documents you might consider gathering and questions you may want to think about:
- Business Overview: Have a summary of your business, including its history, mission, and core operations.
- Financial Statements: Gather recent financial statements, including profit and loss statements, balance sheets, and cash flow statements.
- Legal Documents: Collect any relevant legal documents, such as key employment, customer and supplier contracts, leases or other property documents and intellectual property registrations.
- Organisational Structure: Prepare an overview of your business’s organisational structure, including key personnel and their roles.
- Valuation Information: If you have previously had your business valued, bring any relevant reports or data.
- Strategic Goals: Be clear about your strategic goals and what you hope to achieve through the sale, merger, or acquisition.
- Potential Issues: Identify any potential issues or challenges that might affect the transaction, such as pending litigation or regulatory concerns.
Questions to Consider
- Timeline: What is your ideal timeline for completing the transaction and are there any key regulatory or tax deadlines which need to be met?
- Confidentiality: How important is confidentiality, and are there specific measures you want to take to protect sensitive information?
- Valuation Expectations: What are your expectations regarding the value of your business or the price you are willing to pay?
- Deal Structure: Do you have preferences regarding the structure of the deal (e.g., asset sale vs. share sale)?
- Post-Sale Involvement: Are you open to staying involved with the business post-sale in any capacity, such as a consultancy role?
- Future Plans: What are your plans after the sale or acquisition, and how might this influence the terms of the deal?
Contact our Sales, Mergers and Acquisitions Team.
If you are considering selling your business or company, merging with another entity, or acquiring a new business, our specialist solicitors are here to help. Contact a member of the DTM Legal team today to discuss your needs and learn how we can assist you in achieving your business objectives.
Contact Edward Barnes in our Corporate & Commercial Team by calling 01244 354 829 or emailing edward.barnes@dtmlegal.com.