Is your limited liability company, joint-stock company or business for sale? Or do you want to sell only part of your shares or stocks? We specialize in transactions of this kind, providing legal advice on the sale of companies, as well as other forms of business. Company owners are usually convinced that finding a buyer is the most difficult stage of the selling process. They don’t realize that transaction sale is long, complicated and often involves considerable risk.
During our practice, we have handled the sale of companies and businesses with value ranging from PLN 2 to 200 million. We perfectly understand that owners want to be sure that the transaction will proceed safely and will bring maximum profit. Especially that buyers are often is much more experienced in the transaction process than sellers. That is why we offer our clients comprehensive legal services regarding the entire process of selling a limited liability company (or any other) and negotiating the best possible terms of the transaction.
Owners are often unaware of the risks involved in selling a company. Contact us and find out what you need to pay attention to in order to protect yourself from them.
“We have been specializing in legal assistance in company sale transactions for 15 years. Most often we represent the selling party, so we know what to pay attention to, what risks to protect our client from and how to best look after their interests.
We work on each transaction personally.”
“We have been specializing in legal assistance in company sale transactions for 15 years. Most often we represent the selling party, so we know what to pay attention to, what risks to protect our client from and how to best look after their interests.
We work on each transaction personally.”
Jakub Sikora is an attorney-at-law and co-founder of the firm. He previously worked for many years in international law firms operating in Poland. Together with Tomasz Dulewski, he handled transactions for the sale of companies with a value ranging from PLN 2 to over PLN 200 million, including to foreign entities. He also conducts negotiations in English and French and prepares transaction documentation in English.
Tomasz Dulewski is an attorney-at-law and co-founder of the firm. Prior to opening it, he worked for nearly a decade in the largest law firms in Poland. He specializes in legal support of company sales transactions and due diligence. He has experience in cooperation with individual investors, investment funds, as well as foreign capital groups. He also conducts negotiations in English and prepares transaction documentation in English.
Selling a company is a complicated process for its owner. Contact us to find out what stages are involved and for what you need to prepare.
For many years we have been working with owners who are planning or in the process of selling their company or business. We know that comprehensive assistance is important to them. Therefore, as a law firm we provide support and advice in the most important areas of the entire process of selling a company.
Verification of the sale price
Most owners are unaware of how much their company is actually worth. Usually their estimates are far lower than what a professional valuation shows. Our law firm works with one of Poland's foremost experts in business valuation. This ensures that you do not sell your company too cheap.
Preparation of the letter of intent
Company owners are unaware that one of the most important steps in a sale is the preparation of a letter of intent. The provisions of the letter of intent set the basic premises of the transaction, thus if important elements for the seller are omitted at the letter stage (e.g., regarding subsequent liability), it is difficult to negotiate them later with the party purchasing the company.
Support in negotiations
Negotiation of the terms of the contract is one of the longest stages of the entire process of selling a company. Negotiations do not only concern the price, but, above all, the scope of the sellers' responsibility for the condition of the company being sold, non-competition, the rules of payment of the price, including the rules of operation of escrow accounts. When representing our clients in negotiations with the buyer, we always ensure that their interests are safeguarded. If the buying party is a foreign entity, we conduct negotiations in English.
Due diligence
By far one of the most important elements of the transaction process is the examination of the company for potential legal, financial, and often technical or environmental risks (due diligence). Any irregularity identified during the examination, a potential buyer will want to use to lower the price. We support our clients in the due diligence process, recommending actions to mitigate the identified legal risks so as to avoid lowering the price for the shares sold.
Preparation of the contract for the sale of a company
A contract for the sale of a company can be as long as dozens of pages and contain several hundred pages of annexes. Every provision in the contract is important and carries serious consequences for the seller. Therefore, when working on the contract, we check that all negotiated provisions are included and clarify the necessary legal terms to ensure maximum security for our client.
Often the buyer of the company is a large corporation, an investment fund or a wealthy individual investor.
Wanting a level playing field in the process of selling your business and negotiating the terms of the deal, you need to have experienced lawyers on your side.
Limitation of the scope of
seller's liability
The liability of the company owner, as a rule, does not end when the sale transaction is finalized. They may be liable for the company’s debts and defects even after the sale. We take care of the security of the sellers and limit the scope of their liability to the buyer.
Security for payment of
of the agreed amount
One of the most important aspects for a seller of a company will be to secure payment of the price that was agreed upon during negotiations. We will advise you on what mechanism to use so that you are sure of receiving the money. At the same time, we will prevent the buyer from taking possession of the company before the time of payment.
We value our clients’ time. We know that many of them want to consult their legal problem with an expert right away. We invite you to contact us.