4.8

Google Reviews

Need Help? Contact An Australian Business Lawyer Today 1300 003 077
Search
Close this search box.

Business Purchase Lawyer And M&A Services

If you need a business purchase lawyer, you have come to the right place. Our lawyers draft, review and negotiate business purchase agreements and share purchase agreements.

A business purchase agreement is a contract for the purchase of a business. The contract allows for the purchase of business assets or the purchase of shares. Business assets may include trade secrets, goodwill, intellectual property rights, inventory and equipment.

Our commercial lawyers have extensive experience in preparing business purchase contracts and negotiating terms. We offer M&A legal services for buyers and sellers of businesses.

We help our clients throughout the process, from letters of intent, commercial leases, employment contracts, due diligence and disputes.

Contact us for a free consultation

Our M&A Law Services

Contract Icon

Drafting Business Purchase Agreements

Our M&A lawyers draft business purchase agreements.

It is important to have the right documents in place. Consider whether a terms sheet, heads of agreement, or a non-disclosure agreement may be necessary.

Our team of lawyers draft, review and negotiate asset purchase and share sale agreements. We can prepare bespoke documents to suit the purchase of small businesses or larger business sale transactions.

Icon

Due Diligence Process

Due diligence allows potential buyers to review business records.

This helps identify potential risks and enable buyers to confirm they wish to proceed with buying the business.

Our business lawyers provide due diligence legal services.

A comprehensive due diligence report will identify issues, assess whether they are material and make recommendations for addressing any concerns.

People Icon

Negotiating Business Purchase Contracts

Our experienced M&A lawyers draft, review and negotiate business purchase agreements and share purchase agreements.

We will work with you to ensure legal terms are appropriate, including the purchase price, warranties, conditions precedent, indemnities, and guarantees.

Our lawyers ensure that business buyers fully understand the terms of the business purchase contract. This enables buyers to make informed decisions.

Icon

Ensuring Settlement Runs Smoothly

Settlement occurs when a business purchase is finalised and the purchase price is paid. We work with our clients to ensure this process runs smoothly.

Our buisness purchase lawyers will ensure the right documents and property are transferred to the buyer. Everything needed for settlement to take place will be organised for you.

Why Choose Our Legal Team?

Fixed legal fees for business purchase contracts

Our business purchase legal services are offered on a fixed fee basis. Our clients know how much they will pay for our services upfront. We pride ourselves in giving our clients a positive experience and doing away with unknown legal bills.

We are a top-rated contract law firm

There are lots of options when it comes to choosing legal experts. At Prosper Law, our M&A lawyers have built a large portfolio of clients, receive excellent reviews and have repeat clients.

Take a look at our reviews and find out why clients across Australia choose us.

We work with some of Australia’s largest companies

Our law firm packs a punch when it comes to the calibre of clients we work with. Our clients include international retailers and distributors and big brands.

Australian companies seek legal advice from Prosper Law because of our experience in drafting, reviewing and negotiating agreement terms.

What our clients say

Book an initial consultation

Contact an Australian Business Lawyer Today.

If you would like to contact an online lawyer, you can complete the contact form, email or phone Prosper Law. If you know you need to speak to an online lawyer, but you’re not sure exactly what your legal problem is – we can help you. Get in touch today and discover why Australian businesses choose Prosper Law’s team of lawyers.

Contact us for a free consultation

How did you hear about us?

Business Purchase Law FAQs

What is the process for buying a business?

Step 1 – Initial Consultation with our Commercial Lawyers

Schedule an initial consultation with our experienced business contract lawyers. During this meeting, we will take steps to understand the business and your timeline.

We will then prepare a fixed fee quote and advise you of our recommended strategy for your business purchase.

Step 2 – Negotiating the Business Purchase Agreement

Our experienced M&A lawyers draft, review and negotiate business purchase agreements and share purchase agreements. We will work with you to ensure legal terms are appropriate, including the purchase price, warranties, conditions precedent, indemnities, and guarantees.

Our lawyers ensure that business buyers fully understand the terms of the business purchase contract. This enables buyers to make informed decisions.

Step 3 – Comprehensive Due Diligence

At Prosper Law, we provide our clients with a comprehensive understanding of business acquisition documents and the purchase process. We conduct due diligence and will prepare a due diligence report that sets out our analysis of:

  • procurement and sales contracts
  • company documents
  • employment records
  • potential legal issues and outstanding legal claims
  • business-critical systems, including technology and software licences

Our due diligence will also:

  • verify the banking arrangements of the seller and the value of the business or shares
  • review leasing arrangement and draft assignments of lease, as well as conduct title searches
  • conduct searches on the personal properties securities register
  • verify the ownership of the business or shareholding, as well as the key assets you are purchasing

Step 4 – Fulfilling Pre-Completion Conditions

Our business purchase lawyers will monitor and confirm that pre-completion conditions have been satisfied by the seller. This may involve ensuring the seller has obtained consent from landlords, shareholders, or other relevant parties.

An inventory or stock audit, or a valuation, may also need to be carried out. The type of business being bought determines whether this may be necessary.

Step 5 – Effecting settlement of the business purchase

At settlement, our dedicated team of M&A lawyers will work with the seller’s solicitors to facilitate the smooth transfer of contracts and assets.

We will confirm the settlement statement and confirm payment instructions with the seller’s legal representatives.

Step 6 – Post-completion legal services

Our team of M&A lawyers can provide post-completion legal advice after the settlement of the business purchase.

We will provide legal assistance if the seller has breached the warranties in the share or business purchase contract. Alternatively, a business buyer may wish to recover against any security or retention.

What do your diligence services include?

Our due diligence services include:

  • reading business contracts, supplier contracts and other important contracts
  • assessing regulatory requirements and any limitations that may apply
  • confirming employee entitlements, long service leave and other employment and industrial relations matters
  • reviewing intellectual property (including trade marks and design rights), confidential information and other intangible property
  • identify outstanding debts, PPS registrations, or charges that require release or payment
How can your M&A lawyers help with completion?

After settlement

Once the sale agreement has been finalised and due diligence has been completed, settlement can occur. It will then be necessary to prepare for operating the new business after settlement.

Our commercial lawyers help clients to prepare for this phase by:

  • advising on post-settlement restraint of trade clauses
  • providing legal advice on stamp duty requirements for the business purchase
  • checking that settlement conditions have been complied with
  • finalising lease documents and other contracts
  • working with the seller’s solicitors to transfer business names, company registrations, domain names and trade mark registrations
  • providing advice on employee redundancies and entitlements for transferring employees

Check Out Our Latest Blog Posts

Brooke is a Senior Lawyer with Prosper Law. Brooke is admitted to the Supreme Court of Queensland and the High Court of Australia
Competition Law

What it Means to Substantially Lessen Competition

The concept of “Substantially Lessening Competition” is a test used to determine whether certain conduct breaches competition laws in Australia. Substantially lessening competition refers to conduct that negatively impacts competition

Employment

The Fair Work Act: A Guide for Employers

The Fair Work Act 2009 is the cornerstone of employment law in Australia. It provides a framework for the rights and obligations of both employers and employees. Whether you are

person using laptop computer
Legal Counsel

How Legal Counsel Can Leverage Microsoft Teams

Legal counsel must stay organised and efficient while managing high volume legal work. Many organisations use tools like Microsoft Teams. Microsoft Teams is not just a communication tool, but a