Mergers and Acquisitions
Fostering Growth and Competition
Make it stand out.
It all begins with an idea. Maybe you want to expand your business or go into a new business. Maybe you want to acquire talent or eliminate the need for a supplier. Whatever it is, there’s a way to acquire it.
There are two general ways to acquire or merge with a company, a stock acquisition or an asset acquisition. If you acquire the stock or ownership, you acquire either a percentage or the entire business, as it is, with all of its assets and liabilities. In an asset acquisition, you purchase all or substantially all of the assets of the business, which can circumvent liabilities associated with the business’s name, practices, etc.
Due Diligence
If you want to acquire or merge with an existing business, the most important aspects of the deal are the due diligence, appraisal, and contract. Due diligence is the process in which you review every aspect of the existing business, including their employment agreements, all contractual agreements with third parties, their financials, security protocols, etc. It is crucial to have attorneys represent you and assist in this matter, to ensure the contracts you’re assuming won’t open you up to risk and liability.