Asset Purchase Agreement

An asset purchase agreement is a written legal instrument that formalises the purchase of a business or significant business asset. It details the structure of the deal, price, limitations, and warranties.

This agreement finalises the terms and conditions of the sale the negotiations between the buyer and the seller.

Who this service is for

A company looking to set up an agreement used to transact the sale of a business between two parties (a buyer and a seller).

Key benefits

  • Connect with an experienced lawyer quickly and simply
  • Get a qualified opinion on your issue/s
  • Upfront and transparent pricing

What happens after purchase?

Your lawyer will onboard you (KYC, conflicts checks, and client care letter - if applicable)
You send supporting material to the lawyer ahead of the meeting
Consultation takes place
Lawyer sends an email to summarize high level points from the conversation and quotes for any further work required
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FAQ’s

What the service will cover
  • A 30-minute consultation
  • A basic asset purchase agreement, tailored to your business with two sets of revisions
  • Ancillary documents like board resolution(s) and share transfer forms
What the service excludes
  • Face to face meetings
  • Any contact outside of the outlined above
  • Third-party negotiation

Please note: This service will not include the Due Diligence process and consultations with the opposing side (all of which will need to be quoted separately).

What you need to provide
  • Copies of any relevant existing documentation and a good understanding of your business needs
  • Information regarding the purchase and parties involved
  • The first step after the purchase will be to provide verification of your identity and supply the following documentation so your adviser can carry out their ‘Know Your Customer’ (KYC) and ‘Anti-Money Laundering’ (AML) checks. Please have the following at hand but note that this may not be a complete list:
  • Company name, VAT number (if applicable), registration number
  • Key contacts and associated contact details including email and mobile
  • The names and home addresses of all directors
  • Home utility bill (no more than 3 months old) and passport for every person who owns or controls more than 25% of the voting rights of your business
A blonde haired woman smiling at the camera in a white shirt
Suzanne Harley-Davies
Freelance Legal Services Ltd

Getting over the hurdle of starting a new business and the challenges that follow requires a vast am...

£1,200.00

Sold By: Suzanne Harley-Davies
Name(Required)

28 years experience across

Financial Services
Professional Services
Tech, IT and Software

Working with

  • Sole Trader / Freelancers / Self-Employed
  • Microbusiness (up to 10 Employees)
  • Medium-sized business (up to 50 employees)

Not sure what you’re looking for?

Let us match you with a legal advisor

Get matched

A blonde haired woman smiling at the camera in a white shirt
Suzanne Harley-Davies
Freelance Legal Services Ltd

Getting over the hurdle of starting a new business and the challenges that follow requires a vast am...

£1,200.00

Sold By: Suzanne Harley-Davies
Name(Required)

28 years experience across

Financial Services
Professional Services
Tech, IT and Software

Working with

  • Sole Trader / Freelancers / Self-Employed
  • Microbusiness (up to 10 Employees)
  • Medium-sized business (up to 50 employees)

Not sure what you’re looking for?  Let us match you with a legal advisor