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.
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What our Clients say
“Used AMD for conveyancing services three times and always given excellent advice and being timely and accurate”.
08/09/2023
“First class solicitors, can’t thank them enough for their great help throughout the sale of our business”
06/11/2023
“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
08/08/2023TALK TO OUR SOLICITORS
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