Sale Of A Business
Blake-Turner advised the shareholders of an accountancy firm, DRP Oasys Ltd, in relation to the sale of their shares. The company had purchased the business around 18 months prior to the sale, turned it around to make it profitable, and the shareholders now wished to exit by a share sale.
As the shareholders had not always been involved in the business, the sale was based on limited due diligence and virtually no warranties. This was key to the negotiations and the drafting of the sale documentation. Another important aspect of the transaction was that the shareholders wanted a quick sale, with the whole process concluding in a couple of weeks.
During cases such as this Blake-Turner have to ensure that the client is guided through with complete understanding of the share sale whilst conducting the process is a timely manner to make sure that deadlines are met.
Blake-Turner have years of experience in both share and asset sales, and can assist with transactions with tight deadlines where necessary. If you are considering buying or selling a company please contact Paul Cooper or Hannah Starling.
Read the testimonial from the Sale of the Business.