Buying and Selling Businesses
Our business law attorneys help our clients buy and sell their businesses. Offices in Illinois and Florida.
These business law blog posts focus on topics related to mergers and acquisitions (buying and selling businesses). We help clients with their letters of intent, purchase agreements, due diligence, and closing.
We take a practical approach to business growth and strategy with our clients’ goals and needs in mind.
Serving in Illinois: Oak Brook, Burr Ridge, Naperville, Hinsdale, Lombard, Addison, Downers Grove, Oak Park, Darien, Chicago, Lisle, Westmont, Willowbrook, Clarendon Hills, and the Chicagoland Area.
Serving in Florida: Tampa, South Tampa, New Tampa, Wesley Chapel, Odessa, Lutz, and the general Tampa area.
One of the most resorted strategies to fund a business acquisition is using seller financing. Through this method, buyers and sellers can agree to a purchase price more easily, since this type of financing offers more flexibility and better terms than other M&A funding alternatives. What is seller financing for business? Seller financing, or seller […]
Seller financing: Complete guide for business buyers and sellers Read More »
What is due diligence in M&A? In Mergers and Acquisitions, due diligence is the process of doing in-depth research on the target business to verify the veracity of the provided information and the potential profitability of the business acquisition. The purpose of due diligence in M&A is to have all the relevant information about the
M&A Due Diligence Read More »
What is a horizontal merger? In M&A, a horizontal merger occurs when two or more companies at the same level of the supply chain join together to form a new organization. In this process, also known as horizontal acquisition or horizontal integration, companies are usually part of the same industry. How do horizontal acquisitions
Horizontal Mergers: What are they and how they work Read More »
Mergers and Acquisitions (M&A) is the process by which companies transfer their ownership or consolidate with other business organizations with a strategic purpose. Put simply, M&A refers to the activities concerning the sale and purchase of businesses. What is a merger? In a merger, two or more companies combine to create a new corporate entity,
Mergers and Acquisitions Meaning Read More »
A business purchase agreement, or business transfer agreement, is a contract that outlines the terms of the transaction when buying or selling a business. It is the final part of a business acquisition. The purchase contract includes closing details of the business sale, such as the price, the purchased goods, and certain representations and warranties
What is a Business Purchase Agreement? Read More »
Reaching an agreement on the purchase price can be one of the most difficult aspects of a business transaction, as it requires strong negotiation skills from both parties. When there seems to be no consensus about the final price, the parties can include an earnout provision in the agreement as a strategy to close the
Earnout: Meaning, Structure, and Uses in M&A Read More »
Buying a business involves a lot of risks that need to be analyzed before moving forward in the deal. To properly assess all the aspects of a business purchase you should conduct due diligence, but before entering deeper into the deal, it’s a good idea to prepare these 10 questions to ask when buying a business.
10 Questions to ask when buying a business Read More »
Buying a restaurant comes with several advantages. By purchasing an existing food business you will have access to its equipment, existing brand recognition, and built-in customer base, which may translate into an immediate profit. However, purchasing a restaurant also comes with risks that may be imperceptible at first sight. Follow our guide to buy a
How to buy a restaurant Read More »