Operating across Northampton and Milton Keynes, we support business owners, directors, shareholders, and investors in achieving successful outcomes in all forms of corporate transactions.

Buying a Business

Purchasing a business can be an exciting growth opportunity, but it comes with complexity and potential risk. Our team supports buyers by conducting thorough due diligence, negotiating favourable terms, and drafting robust documentation that safeguards your investment.

We help you:

  • Understand the legal structure of the deal (share or asset purchase)
  • Identify hidden liabilities or contractual issues
  • Draft and negotiate sale agreements, warranties, and indemnities
  • Ensure compliance with relevant regulations and industry-specific rules

Whether you’re acquiring a competitor, expanding into a new market, or investing in a startup, we ensure the process is smooth, secure, and strategically valuable.

Selling a Business

If you’re looking to sell your business, now or in the future, it’s vital to ensure you’re legally prepared. Our solicitors work with you and your advisors to present your business in the best possible light and secure the most favourable terms for your exit.

Our services include:

  • Pre-sale legal due diligence to identify and resolve issues before they arise
  • Structuring the deal in a way that maximises value and minimises tax exposure
  • Preparing and negotiating heads of terms, sale agreements, and completion documents
  • Advising on employee, IP, lease, and commercial contract transfers

Whether you’re retiring, moving on to a new venture, or responding to an offer, we’ll help you exit with clarity and confidence.

Exit Strategies

Not all exits are immediate. Some business owners plan their exit years in advance. We support clients in developing long-term exit strategies that are commercially viable and legally robust.

Exit options include:

  • Sale to third parties (trade buyers or investors)
  • Management buy-outs (MBOs)
  • Family succession planning
  • Mergers or joint ventures

We advise on the best structure for your goals, guide you through preparation, and work with your wider advisory team to ensure a smooth transition when the time comes.

Structuring the Transaction

The structure of your deal is critical to its success. Whether you’re buying or selling a business via an asset purchase or share transfer, we’ll advise on the legal implications of each and help you choose the most suitable route.

We will:

  • Help you understand tax, liability, and operational impacts
  • Work with your accountant or financial adviser
  • Draft bespoke contracts tailored to the structure you choose
  • Negotiate terms to protect your financial and legal position

Every business and every deal is unique. Our advice is always personalised to reflect your commercial objectives.

Why Choose Franklins?

Our commercial team has decades of experience handling mergers, acquisitions, and disposals of varying sizes and complexity. We combine legal knowledge with commercial insight, working closely with your accountants, finance teams and tax specialists to ensure the transaction aligns with your broader business and financial strategy.

No matter what side of the deal you’re on, we work to secure the best outcome for your business.

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Frequently Asked Questions about Acquisitions and Disposals

What services does Franklins Solicitors offer regarding business acquisitions and disposals?

Franklins Solicitors specialises in providing comprehensive legal support for both business acquisitions and disposals. This includes due diligence processes, negotiation of terms, drafting and review of legal documents, compliance checks with relevant laws and regulations, assistance in securing financing arrangements if needed, and providing strategic advice throughout the acquisition or disposal process.

What is due diligence, and why is it important in business acquisitions?

Due diligence is a critical investigation or audit of a potential investment or product to confirm all facts, such as reviewing financial records, plus anything else deemed material. In the context of business acquisitions, it involves a detailed look into the target company’s legal, financial, and operational status. Due diligence is crucial because it helps the buyer understand the risks and potential rewards, ensuring an informed decision is made.

How long does the acquisition or disposal process usually take?

The duration of an acquisition or disposal process can vary significantly based on the complexity of the deal, the size of the businesses involved, and the efficiency of negotiations between parties. Typically, a straightforward transaction might take anywhere from a few weeks to several months. Complex deals, especially those requiring regulatory approval, could take up to a year or more.

Are there any legal limitations or regulations I should be aware of during an acquisition?

Yes, business acquisitions are subject to various legal considerations including anti-trust laws, securities laws, foreign investment laws, and industry-specific regulations. The aim of these laws and regulations is to maintain fair competition, protect shareholders, and ensure transparency and accountability in the transaction. Franklins Solicitors can help you navigate these legal complexities to ensure compliance.

What can I expect in terms of legal fees for your services?

    Legal fees for business acquisitions and disposals can vary widely depending on the scope and complexity of the transaction. At Franklins Solicitors, we strive to provide transparent pricing. Our fees are typically structured as either a fixed fee, an hourly rate, or a combination of both, based on the nature of the services required. We recommend scheduling a consultation to discuss your specific needs and receive a tailored fee estimate.

    How can Franklins Solicitors assist in negotiations?

      Our team has extensive experience in negotiating business transactions. We can represent your interests during negotiations to ensure that terms of the deal are favourable and protect your interests. This includes advising on the structure of the transaction, negotiating price and payment terms, and addressing any specific legal risks identified during the due diligence process.

      What happens if a dispute arises during the acquisition or disposal process?

        Should a dispute arise, Franklins Solicitors offers legal representation to resolve the issue as efficiently as possible. This may involve negotiation, mediation, arbitration, or litigation, depending on the nature of the dispute and the preferences of the parties involved. Our goal is to reach a resolution that aligns with our client’s best interests while minimising disruption to the transaction.

        Can you handle cross-border transactions?

          Yes, Franklins Solicitors has experience in handling cross-border transactions and can provide legal guidance on the additional complexities these deals entail, such as compliance with international laws and regulations, tax considerations, and dealing with foreign entities. We work closely with a network of international legal experts to ensure a seamless process.

          How should I prepare for an initial consultation?

          For an initial consultation, it helps to have as much information about your business and the potential transaction as possible. This includes financial statements, business plans, details of any previous acquisitions or disposals, and any specific concerns or objectives you have regarding the transaction. Providing this information upfront will allow us to offer more precise and tailored advice.

          How do I get started with Franklins Solicitors for my business acquisition or disposal?

          Getting started is simple. Contact us via our contact form or call us to schedule an initial consultation. During this meeting, we’ll discuss your specific needs, outline how we can assist, and provide guidance on the next steps. We’re here to support you through every stage of the transaction and look forward to working with you.

          Contact the Franklins Business Services team

          If you have any questions about business services, please don’t hesitate to contact our team of experts who are on hand and ready to help you.