In response to the increasing challenge of Coronavirus and in light of rapidly evolving advice, Tozers has taken steps to ensure that we continue to provide you with our usual client service whilst also maintaining the safety of our clients and colleagues. Please see our full update here.

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Company & Commercial

Buying and selling businesses

Buying and selling businesses is complex. We will ensure the transaction runs efficiently and smoothly whilst minimising any risk to you.

We understand that buying and selling a business is as exciting and stressful as starting from scratch. Whether you are acquiring a new venture, adding to your portfolio or selling up to embark on a new challenge, we can provide all the support and assistance you need to achieve the outcome you are looking for.

Sales and purchases are usually structured in one of two ways:

  • Asset sales and purchases – the assets of the business, often including property, goodwill and equipment, are sold and employees and intellectual property rights are transferred;
  • Share sales and purchases – the shares of the company are bought and sold and the business and assets remain in the same ownership.

Asset purchases tend to be lower risk transactions for a buyer as they are not acquiring the liabilities of the company or individual selling the business. However, share sales are higher risk as the buyer will be taking on all of the liabilities of the company including debt and tax issues.

Buying or selling a business can be an intense process and we can help guide you through the steps required including reviewing the information passing between the parties and minimising risks to you as far as possible.

Why choose Tozers?

We know that for you, the most important thing is ‘getting the deal done’ and our team will be behind you utilising their extensive experience and knowledge to progress matters for you in a pragmatic and commercial way.

Our team of experts have been ranked against other local firms in the legal directory the Legal 500.

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