Have you thought about growing your business? Maybe you feel it is time to retire, but you do not have family or trusted employees that want to take over the business and you do not want to just throw away what you have built. In either case, our office can help you through the merger or acquisition process.
It is likely that both the laws of Florida and the entities governing documents will provide guidance on the steps necessary to properly and legally consummate a merger, acquisition, or sale of assets. We help our clients navigate these requirements to ensure that the proper steps and approvals have been received before the transaction is consummated.
We have advised and assisted clients through the process of:
- Determining the best procedure, e.g. purchase and sale of assets or stock/membership units, to buy or sell their business;
- Negotiating and drafting purchase and sale agreements, whether of assets, stock, or some combination;
- Seeking shareholder or member approval of terms of a sale, merger, or acquisition;
- Drafting and filing any necessary documents with state agencies to complete the transaction fully, properly, and legally.
We assist our clients performing due diligence, whether they are buying or merging with an existing company or selling their current business. We will also draft or review the contracts and other documents to complete the transaction. We will also make sure that your corporate resolutions are in order and all needed shareholder or member approvals are sought.