Escrow Holdbacks in M&A
An escrow holdback agreement is one of the methods a buyer can use to protect himself after a business transaction.
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.
Horizontal Mergers: What are they and how they work
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 Meaning
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, …
What is a Business Purchase Agreement?
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 …
Earnout: Meaning, Structure, and Uses in M&A
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 …
10 Questions to ask when buying a business
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. …
How to buy a restaurant
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 …
What is Commercial Due Diligence?
What is commercial due diligence? Commercial due diligence is the process of inspecting the business you are buying. It’s similar to buying a house —you do an inspection before purchasing the house. The objective of due diligence is to have a full understanding of the target company’s liabilities and strengths, in order to be aware …
The M&A Process
Congratulations, you signed a letter of intent (LOI) to buy a business, but now you don’t know what to do next. Or maybe you’re about to sign an LOI, but want to go with eyes wide open and know the next steps. So what are the steps of the M&A process? The process of buying …
What do M&A Lawyers do?
An M&A lawyer is in charge of setting all the pieces of the merger or acquisition together. She in the middle of the conversation between both parties and their respective advisors. The M&A attorney is the one leading the transaction, as she is the point of contact that reunites the rest of the deal team …