Mergers and Acquisitions
Are you a business owner seeking to grow your business by expanding your market geographically, by adding new products, or increasing your market share? Mergers and acquisitions are powerful tools that work on the buy-side to enable business owners to accomplish those goals. A business can expand its footprint and geographic reach with an acquisition at the far edge of an existing market, or can increase market share by acquiring a competitor. A carefully targeted and executed acquisition can extend a product line, quickly increase revenue and cash flow, add talented and experienced employees, and acquire valuable intellectual property.
On the sell-side, entering into a merger or sale transaction can enable a business owner to withdraw, in whole or in part, from the day-to-day management and operation of a successful business, and to monetize the value of a business built over many years.
Business Review and Negotiation
Praxis has represented buyers and sellers in the structure, negotiation and closing of buy-side and sell-side transactions. Praxis can deliver the thorough due diligence review, skillful negotiation and careful drafting that are essential to an optimal result, whether a business owner is acquiring or divesting. Praxis Legal Solutions works with clients to define and quantify the business and financial goals of a merger or acquisition, whether on the buy-side or sell-side, and provides hands-on guidance through every step of the process.
A meticulous due diligence review will provide buyers with the financial and operational intelligence that is essential to ensure that buyers do not overpay and sellers do not leave money on the table. Careful negotiation of a merger or purchase and sale agreement is essential to ensure that a client’s expectations are accurately reflected in the transaction documents, and that each party to the transaction understands its respective rights and obligations; that the representations and warranties contained in the agreement accurately reflect the legal status and financial condition of the parties, and that the remedies for breach of the agreement are adequate to deter a breach, and, in the event that a breach does occur, to compensate for the damages that a non-breaching party may incur.
Closing and Integration
After a closing has occurred, Praxis can guide clients through the process of integrating an acquisition into the acquiring entity to ensure a seamless transition to a combined entity.
For business owners seeking to withdraw from day-to-day operations and monetize the value of their businesses, Praxis will assist business owners in planning and implementing a transaction that will enable the business owner to withdraw immediately and completely, or to divest gradually while retaining some operational control to ensure that a seller optimizes the gain on the sale of his or her business.
If you are considering the acquisition or sale of all of part of a business or of business assets, such as buildings, equipment or intellectual property, contact Praxis to explore the possibilities.