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Small Business Sales, Mergers and Acquisitions

Expert legal guidance for buying, selling, or merging a small business in Michigan.

Small Business Sales, Mergers and Acquisitions in Michigan

Buying or selling a small business is one of the most significant financial transactions you will ever undertake. Whether you are an entrepreneur looking to acquire a business, a business owner planning to sell, or a company seeking to merge with a competitor, D'Agostini Law PLLC provides the legal expertise you need to navigate these complex transactions successfully.

Our M&A Services for Small Businesses

Our firm handles all aspects of small business mergers and acquisitions, from the initial letter of intent through due diligence, negotiation, documentation, and closing. We represent both buyers and sellers, providing strategic advice and practical legal support at every stage of the transaction.

For Business Buyers

If you are acquiring a business, our attorneys will conduct thorough due diligence to identify potential legal, financial, and operational risks. We review contracts, leases, licenses, employment agreements, and corporate records to ensure you know exactly what you are buying. We also negotiate purchase terms on your behalf and draft or review the purchase agreement and all ancillary documents.

For Business Sellers

If you are selling your business, we help you prepare for the transaction by organizing your legal documents, identifying and addressing potential issues before they become deal-breakers, and negotiating terms that maximize your value. We work to protect you from post-closing liability through well-drafted representations, warranties, and indemnification provisions.

The M&A Process

A typical small business transaction involves several key stages: initial negotiations and letter of intent, due diligence, purchase agreement drafting and negotiation, regulatory approvals and third-party consents, and closing. Our attorneys guide you through each stage, ensuring that deadlines are met and that your interests are protected throughout the process.

Asset Sales vs. Stock Sales

One of the most important decisions in any business acquisition is whether to structure the transaction as an asset sale or a stock sale. Each approach has different tax implications, liability consequences, and transactional complexity. We help our clients understand the pros and cons of each structure and choose the approach that best serves their goals.

Contact Us Today

If you are considering buying or selling a business in Michigan, contact D'Agostini Law PLLC today at (810) 560-4209 to schedule a free consultation. Our experienced M&A attorneys are ready to help you achieve your business goals.

FAQ

Frequently Asked Questions

What is due diligence in a business acquisition?
Due diligence is the process of thoroughly investigating a target business before completing a purchase. It involves reviewing financial statements, contracts, licenses, employee agreements, litigation history, and other key documents to identify potential risks.
How long does a small business acquisition typically take?
The timeline varies depending on the complexity of the transaction, but most small business acquisitions take between 60 and 180 days from the letter of intent to closing.
What is a letter of intent (LOI)?
A letter of intent is a preliminary agreement that outlines the key terms of a proposed transaction, including the purchase price, structure, and timeline. While typically non-binding, the LOI sets the framework for the formal purchase agreement.
Should I use an asset purchase or stock purchase structure?
The best structure depends on your specific goals and circumstances. Asset purchases allow buyers to select specific assets and avoid unknown liabilities, while stock purchases transfer the entire business including all liabilities. We help clients evaluate both options.
Get In Touch

Contact D'Agostini Law PLLC

Are you looking for a lawyer to help with your merger or acquisition? Our experienced attorneys specialize in M&A law and have helped countless clients navigate the complexities of these transactions. We work closely with our clients to understand their unique needs and provide personalized solutions.

We understand that every merger or acquisition is unique. From conducting due diligence to negotiating deals and drafting contracts, we handle everything so you can focus on growing your business.

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Phone

810-560-4209

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