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Business Sales
& Acquisitions

Corporate: Business Sales & Acquisitions

Our experienced team can guide you through the process in your business disposal, acquisition or restructure. We are on hand to provide you with practical and commercial advice from start to finish ensuring you obtain the best result for you.


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Business Sale

We can provide you with clear advice on how to ready your business for a straightforward and time efficient sale. Preparation for the disposal of your business is key, we will work with you in updating contracts, compiling commercial property information and restructuring your company not only to make your business sale hassle free but to also make it as efficient as possible.

Our team are on hand to guide you through each stage of the disposal from the negotiation over terms to the drafting of legal documentation and on completion. We build our relationship with you and tailor our approach to your individual needs.

Business Purchase

From the purchase of a small family run business to a larger private company our team are able to provide you with clear advice to make your acquisition a success.

We undertake a detailed due diligence investigation of the business and advise on not only the benefits you are purchasing but also any liabilities.

We work alongside your accountant to ensure your purchase is as tax efficient as possible.

Our team are on hand to guide you through each stage of the acquisition from the negotiation over terms to the drafting of legal documentation and on completion. We tailor our approach to your individual needs.

Business Reorganisation

Our experts are on hand to advise on the best way to reorganise or restructure your business to meet its current needs and future objectives.

From succession planning to exit strategies, increasing borrowing or bringing shareholders on board.

We can provide you with clear and commercially focused solutions.

At Storrar Cowdry, our Corporate Team are experts in their field.

Many of their clients return to them time and again because of the exceptional service they provide or come to them through recommendations from friends, family or business associates who have been happy with their service in the past.

Contact us for a no-obligation discussion to find out how we can help with your Business Acquisition, Sale or Re-organisation.

Our Dedicated and Knowledgeable Solicitors

If you wish to discuss your situation further with an expert solicitor please don’t hesitate to get in touch.

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Freddie Storrar

Solicitor and Head of Corporate & Commercial

Frequently Asked Questions

What is the difference between a share and asset sale?

An asset sale is the sale of some or all of the assets of a business by either the individuals (if the business is run as a partnership or sole trader) or by a company. The buyer will acquire the assets of the business only, this may include the fixtures and fittings, the equipment, the contracts, the property and the transfer of any employees. A share sale involves the buyer purchasing the shares in the company, which in turn owns the assets, the company will remain the owner of the assets and the employees will remain employed by the company.

How much will it cost to sell/buy a business?

This is dependent on a number of factors including whether the transaction is a share sale or asset sale and the size of the business itself. We provide a no obligation telephone consultation in which we can provide you with an estimate of fees. In addition to legal fees you may also incur commission if using an agent and accountant fees.

How long will it take to buy/sell a business?

This depends on the type of business you have, the people involved in the transaction and whether the buyer requires funding. As a seller you can speed the process up by preparing your business for sale such as getting copies of contracts and accounts ready. As a buyer if you have your finance ready at the outset this will save time. We also recommend having heads of terms (the key terms of the deal) agreed at the outset, this way there is limited scope for disagreement.

What are warranties?

Warranties are statements included within a share or asset sale agreement, they provide contractual statements as to the condition of the business which will be relied upon by a buyer. If the statements are later proven to be incorrect and the value of the company is reduced, the buyer is able to bring a claim for breach of warranty.

 

Testimonials

Find out what our clients think of us.

"Thank you so much for your hard work and patience regarding the land and house. Very much appreciated."

Corporate & Commercial

"I would like to thank Gary for his painstaking work in completing the two leases under very difficult circumstances and with a tenant who made negotiations particularly hard. My sister and I are very pleased with everything he did for us."

Corporate & Commercial

"I just wanted to say a massive thanks for your support and advice."

Corporate & Commercial

"Emma Pierce-Kemp did an excellent job. Her colleague who did the completion was also ‘First Class’. Thanks."

Corporate & Commercial

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Contact Us

Call Us On: 01244 400 567

Email us: enquiries@storrarcowdry.co.uk

Storrar Cowdry Solicitors, India House, 16 White Friars, Chester, Cheshire, CH1 1NZ

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