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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

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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.

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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.

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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.

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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

Deborah Lawrie
Deborah Lawrie
2024-05-15
Brooke Ferris at Prosper Law has helped me navigate copy write issues and a Life Rights agreement. Brooke is thorough, fast, efficient and knowledgable and has a no fuss down to earth approach. I am very grateful for her help.
CENDRÉ AUSTRALIA
CENDRÉ AUSTRALIA
2024-04-24
Prosper Law were so easy and quick to communicate with. Employment Lawyer, Krystal, was incredibly helpful. We were on a tight schedule and she made it happen quickly and efficiently, meanwhile answering any and all our questions we had regarding the contract. Highly recommend!!
Miguel Diaz
Miguel Diaz
2024-03-14
Parkinson’s Queensland engaged Prosper Law to assist with a contract review. Their contract lawyer was fast, approachable and provided excellent customer service. Highly recommend Prosper Law if you are looking for a well-rounded contract lawyer or need help with contract reviews.
Elizabeth Roughan
Elizabeth Roughan
2024-01-31
First timer to this online service but loved it. Quick, efficient and online so no dressing up to go into the city! Have already referred a business partner. Will continue to get advise on contracts from them moving forward.
Merzi Mody
Merzi Mody
2023-11-24
Unfortunately (despite all the positive reviews) our experience with Prosper was extremely disappointing and I have fed this back to the firm. We had one of our lead-in consults with an Associate Lawyer at Prosper on Tue 21.11.23 (15mins) and in LESS THAN 2 days we accepted Prosper's contract/terms, only to be told "we do not have the capacity to take on this matter". We were instead told, "you can use the “Find A Solicitor” function on the Queensland Law Society website to find a lawyer”. During this period there had been no change to the content/scenario regarding the matter whatsoever. It made the whole interaction with Prosper frustrating and unrewarding for us personally.
Holly Teague
Holly Teague
2023-09-11
Big Thank you to Krystal and Prosper Law for expediting my employment contract and getting it back to me within 48 hours. Would definitely recommend if you are looking for an employment lawyer.
Larissa Rogers
Larissa Rogers
2023-09-09
I came across Prosper Law while searching for an Employment Lawyer for a recent dispute. I had the pleasure of working with both Krystal and Farrah and I am extremely grateful for their attention to detail and guidance throughout my matter.
Yatin Kulkarni
Yatin Kulkarni
2023-08-29
Absolutely fantastic work by Carlyn Sicat and Farrah Motley by turning around the review of my Contract within 24 hours. Crystal clear recommendations and therefore didn't need any follow up. Highly recommended recommend them if you need an employment lawyer!
Connor Summers
Connor Summers
2023-08-09
Our business needed urgent legal advice for several employment law matters. Prosper Law’s employment contract lawyers were quick to respond, offered a fixed fee price for their legal services and were able to achieve a great result for our business. For any employers looking for a quality employment law firm, we highly recommend the team at Prosper Law.
Jane Gentle
Jane Gentle
2023-08-02
If you are looking to hire a legal counsel on retainer, I highly recommend the Prosper Law legal team. Having engaged with Prosper at work over the past 5 months, I have found them to be great in-house lawyers and who know their stuff when it comes to contract reviews, employment law advice and marketing and consumer law… and they’re reasonably priced

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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.

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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