The Acquisition of Business can be a complicated process for both companies involved. Taking over can be an expensive process, but may be necessary if you wish to develop. Farani Taylor are happy to help, offering a service that ensures the process runs smoothly.
Acquisition of Business
In an acquisition, one company buys most, if not all, of the target company’s ownership stakes. To take control, at least 51% of the target company’s voting share must be bought, meaning the airing company takes custody of its records and assets.
In the acquisition of business, it is necessary to choose the target company carefully. With our eye for detail, we will evaluate the assets of a number of companies and advise you on the best course of action.
Developing your business through acquisition is a sound and positive move. While doing so, it is good to employ the skills of professional lawyers who will ensure nothing goes wrong.
Goodwill is another important factor to consider while undertaking a business acquisition. Usually goodwill is intangible asset that adds to the value of the target company, despite not being a physical object, for example, factories or buildings.
Goodwill encompasses assets such as good customer relation, strong brand name, patents, proprietary technology, and good employee relations. Our solicitors have experience in evaluating the goodwill of target companies and can advise you on the benefits that you shall derive from it.
What Can We Do For You?
Before the acquisition of a company, it is not only essential to look into their liabilities and assets, but to enquire into legal framework surrounding the company, such as employee contracts. At Farani Taylor, our specialist commercial solicitors boast of experience in handling a wide range of acquisition deals. Our solicitors can advise you on matters such as transferring employees, while checking any restrictions that may complicate the process.
We believe in building a strong relationship with our clients in order to understand and achieve those targets. We aim to tailor our services to meet your needs, in order to preserve your long-term interests. It is for this reason that we are the number one choice for many of our clients looking for a trusted firm to handle their business affairs.
For more information on how we can help you, please contact us today on 0207 118 1666.