Share purchases & buybacks
In contrast to an Asset Purchase Acquisition, a Share Purchase is more onerous for a purchaser and advantageous to a seller. When acquiring a business by share purchase, the purchaser buys the entire share capital of the target and takes on the target company lock stock and barrel. This includes all liabilities of the target company and in particular the tax history. The purchaser’s legal protection is found in the warranties and indemnities that make up the main part of the share purchase agreement known as the SPA.
In terms of taxation, a seller may benefit from certain tax reliefs when the deal is structured as a share purchase. Our commercial team work with your professional advisers in order to maximise your tax position on acquisition.
PRACTICE AREAS
What our Clients say
“Thank goodness for Laura Lynn and Amanda Easton. Both were absolutely incredible during my flat sale and house purchase. Calm in the face of some extremely challenging moments and proactive in pushing things through to a successful completion. They kept me fully informed throughout and made sure I understood what was going on at every stage. I am so very grateful that I selected AMD and wouldn’t hesitate to recommend them”.
23 August 2023
23/08/2023
“AMD Solicitors excelled in looking after us on a recent residential property sale in Bristol. They were friendly, attentive, efficient, and supportive throughout. We have also worked with AMD on commercial leases, and I thoroughly recommend them to anyone needing a reliable solicitor in Bristol”
Mr B, August 2023
08/08/2023
“I recently let a new commercial premises by way of lease reassignment. The transaction turned out to be more complicated than I would have hoped. Nick Middleton was diligent throughout, the team kept me updated and any queries were quickly answered.
My final bill was less than I expected, I cannot fault the service received. Well done all at AMD, I’m very happy to recommend”.
28/12/2023
TALK TO OUR SOLICITORS
GET IN TOUCH
