Business Purchases & Sales
Andre advises entrepreneurs, family businesses and private companies buying or selling operating businesses.
Matters Andre handles
- Asset and share purchase structures
- Letters of intent
- Legal due diligence
- Purchase agreement negotiation
- Closing documents and closing coordination
- Non-competition and non-solicitation covenants
- Transition services and employee transition issues
- Lease assignments and landlord consents
- Franchisor, supplier and customer contract consents
- Vendor take-back financing
- Holdbacks, indemnities and working-capital adjustments
- Coordination with accountants on HST and tax-allocation issues
Common questions
Should I buy the assets or the shares of a business?
The answer depends on legal, tax, liability and commercial considerations. Andre can advise on the legal structure while coordinating with the client’s accountant or tax advisor.
What should be addressed before signing a purchase agreement?
Key issues may include price structure, due diligence, financing, lease or franchise consents, working capital, restrictive covenants, transition arrangements and closing conditions.
Andre Nayvelt, J.D. | Corporate Commercial Lawyer 