M&A exit considerations for mid-market businesses

The term “M&A” is commonly used in finance and legal circles and in boardrooms across Australia, but what does it really mean? Put simply, M&A is short for mergers and acquisitions – i.e., transactions that bring together two businesses. Selling your business, regardless of its scale or maturity, demands meticulous planning and foresight, should you [...]

2024-08-02T01:25:34+00:00August 2nd, 2024|Sale of Business|Comments Off on M&A exit considerations for mid-market businesses

Negotiations in a sale or purchase of a business

In the early stages of negotiating a sale or purchase of a business, there are some important documents you might want to consider.   Here are our key contenders:   Heads of Agreement: This document can be drawn up when the parties reach an agreement on key commercial terms of the transaction. It can include [...]

2023-07-25T00:28:09+00:00July 25th, 2023|Contracts, Sale of Business|Comments Off on Negotiations in a sale or purchase of a business

Key Terms in an Asset Sale or Purchase Agreement

When drafting a contract for the sale of business, there are some key terms to be on the lookout for. Here's our guide to some of the most common terms you might come across: • Payment provision: The consideration and payment structure should be agreed between the parties. Your payment provision should cover whether a [...]

2023-07-10T00:05:14+00:00July 10th, 2023|Contracts, Sale of Business|Comments Off on Key Terms in an Asset Sale or Purchase Agreement

“If you liked me as a vendor, you’ll love me as a competitor!” The importance of non-compete obligations in a sale of business contract

A standard inclusion in many sale of business contracts (or share sale agreements) is the promise of the vendor not to compete with the business post sale. Whilst, generally speaking, non-compete or restraint of trade obligations in employment contracts can be notoriously difficult to enforce, in the context of a sale of business there is [...]

2022-07-18T06:33:28+00:00July 18th, 2022|Business Advice|Comments Off on “If you liked me as a vendor, you’ll love me as a competitor!” The importance of non-compete obligations in a sale of business contract
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