The purchase and sale of an existing business is a process that is often convoluted and rife with potential hidden pitfalls that must be identified before consummating the deal. Therefore, it is imperative that all such transactions be approached with the requisite level of deliberation, due diligence, and expertise.
Buying and Selling a business is a highly complex matter. Once a target acquisition is identified, the difficult work begins. This includes taking a careful examination under the hood of the targeted acquisition to ensure that the transaction makes good business sense as a viable addition to your portfolio. This is no easy task, and it is crucial to have a seasoned acquisition lawyer by your side to foresee any problem areas or irregularities during the due diligence stage.
From both the buyer and the seller perspective, it is imperative that the closing documents clearly and concisely articulate all the material terms and conditions of the transaction and unambiguously identifies the rights and responsibilities of all parties involved. From the initial Letter of Intent to the detailed Purchase Sale Agreement to the Closing, a delicate dance occurs between buyer and seller. The RAD Firm can assist you through every step of this intricate process in order to ensure that your business objectives are ultimately achieved.