As businesses grow, owners should consider potential expansion and exit opportunities in order to make sure their years of hard work continue to pay off. Often, these opportunities involve the purchase, merger with, or sale of other businesses.
Mergers and acquisitions generally refer to the consolidation of companies. An “acquisition” is when one company takes over another and becomes the new owner, assuming the company’s assets and liabilities. A “merger” is when two businesses join together as a newly formed, single entity.
Mergers and acquisitions require complex agreements, detailed financial disclosures, and solid communications between all of the businesses involved. Whether you are selling a small neighborhood store or merging with a multinational corporation, experienced counsel is necessary to ensure compliance with all relevant regulations and to make sure your business objectives are achieved. At General Counsel, P.C., our attorneys are skilled in all aspects of the mergers and acquisitions processes, from both the buy and sell sides. Our team call assist you in:
- Identifying your business objectives
- Building a roadmap of the process and providing estimated timelines
- Negotiating the deal and final agreement
- Conducting due diligence
- Coordinating with accounting teams to determine tax implications and how to best structure the transaction to minimize adverse tax consequences
- Obtaining any required regulatory approvals
- Obtaining third-party consents, including from lenders and parties to contracts
- Novating government contracts and obtaining approvals
- Buy/sell issues concerning 8(a) Business Development small businesses, Historically Underutilized Business Zone (HUBZone) small businesses, woman-owned small businesses (WOSBs), and service-disabled veteran-owned small businesses (SDVOSBs)
- Transferring title of assets
- Preparation of documents
- Post-purchase integration
