Asset/Share Purchase Service

Rather than acquire all of the shares in a company and therefore, both its assets and liabilities, very often a buyer will prefer to only take over certain assets of a business.

Instruct a trusted lawyer to help you through this process with a review of terms, diligence questionnaires, and more, all at a fixed fee.

Who this service is for

A business owner or entrepreneur looking to acquire certain assets of a business.

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
Leave a review and testimonial of your experience for future customers

FAQ’s

What the service will cover
  • An initial telephone call lasting no longer than 30 minutes to align objectives with a 20-year qualified expert with 5-star testimonials
  • A review of Heads of Terms/Commerical Terms Agreed or drafting them if required
  • Preparation of a due diligence questionnaire and submission to the other side
  • Review of responses and documents from the Seller eg. contracts, trademarks, disputes if any…
  • Advising Client in case commercial terms require amendments
  • Drafting of a bespoke Purchase Agreement (includes two rounds of changes to be completed in 2 months by client)
  • Coordinating with the other side till completion.
  • Coordination with the property and employment solicitor is TUPE and commercial lease involved
What the service excludes
  • Face to face meetings;
  • Any contact outside of the outlined above
  • Extra services outside of the outlined above
  • Third-party negotiation
  • Holding of funds
  • Commercial lease work and TUPE consultations if required

If it is not clearly mentioned that it will be included in the price, it is likely to be excluded. Call us on 020 3322 8205 for more details.

What you need to provide
  • Copies of any relevant existing documentation and a good understanding of your business needs
  • 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
Brown haired woman smiling at the camera in a green blouse
Reina D'costa
Bizlaw UK

With 20 years of experience in the legal landscape, I am the Founder and Managing Director of the SM...

£3,750.00

Sold By: Reina D'costa
Name(Required)

20 years experience across

Creative Industry
E-Commerce
Entertainment
Hospitality and Events

Working with

  • Microbusiness (up to 10 Employees)
  • Medium-sized business (up to 50 employees)
  • Large business (50+ Employees)

Not sure what you’re looking for?

Let us match you with a legal advisor

Get matched

Brown haired woman smiling at the camera in a green blouse
Reina D'costa
Bizlaw UK

With 20 years of experience in the legal landscape, I am the Founder and Managing Director of the SM...

£3,750.00

Sold By: Reina D'costa
Name(Required)

20 years experience across

Creative Industry
E-Commerce
Entertainment
Hospitality and Events

Working with

  • Microbusiness (up to 10 Employees)
  • Medium-sized business (up to 50 employees)
  • Large business (50+ Employees)

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