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Business and Company Sales Lawyers

Ranked Tier 3 in The Legal 500 UK 2027, our business and company sales lawyers help shareholders, founders and corporate groups prepare for, negotiate and complete the sale of their business.

Selling a business is often one of the most significant commercial decisions its owners will make. Our business and company sales lawyers advise shareholders, founders and corporate groups on disposals in the UK and internationally.

A successful sale involves more than securing an attractive valuation. The transaction must also address how and when the purchase price will be paid, what liabilities the seller retains and whether the owners will have any continuing obligations after completion.

At IMD Corporate, we advise sellers from the early stages of transaction planning through to negotiations, buyer due diligence, sale documentation and completion.

We combine specialist corporate expertise with direct senior level involvement and a commercially focused approach designed to protect the seller’s position while maintaining transaction momentum.

To discuss selling your business, contact IMD Corporate on 0330 107 0106 or request a free call back.

Selling a Business or Company

The legal structure of a sale can have significant implications for the owners, the business and the buyer.

Our business and company sales lawyers advise on different forms of disposal, including:

  • Sales of entire companies through share transfers
  • Sales of trading businesses and selected assets
  • Disposals of subsidiaries and business divisions
  • Partial sales involving existing shareholders
  • Sales to competitors and strategic purchasers
  • Management buyouts and private equity backed transactions
  • Cross-border business and company disposals

Company share sales

In a share sale, shareholders transfer their shares to the buyer. The company generally continues operating with its existing assets, contracts and obligations.

For shareholders, the focus is often on achieving a clean exit, managing warranty exposure and securing payment of the agreed consideration.

Business and asset sales

In a business or asset sale, the selling company transfers specified assets and operations to the purchaser.

The seller must consider which assets and liabilities are being transferred, whether third-party consents are required and what obligations remain with the selling entity after completion.

We help clients understand these differences and negotiate a structure consistent with their financial and commercial objectives.

For an initial consultation, call our corporate lawyers on 0330 107 0106 or request a free call back.

Preparing Your Business for Sale

Preparation can influence the value achieved, the buyer’s confidence and the speed at which a transaction progresses.

Potential buyers will usually investigate the company’s financial position, ownership, contractual commitments, employment arrangements and legal compliance.

Issues identified late in the process can lead to price reductions, additional contractual protections or delays.

We assist sellers with preparing for legal due diligence by identifying matters that may need attention before the business is marketed or a preferred buyer is selected.

This may involve reviewing:

  • Corporate records and shareholder arrangements
  • Material customer and supplier contracts
  • Intellectual property ownership
  • Employment contracts and incentive arrangements
  • Property documentation
  • Existing disputes and contingent liabilities
  • Regulatory and compliance matters
  • Restrictions affecting the proposed sale

Addressing significant issues early can strengthen the seller’s negotiating position and reduce uncertainty during the transaction.

Negotiating the Sale Price and Payment Terms

The headline purchase price is only one element of a sale agreement.

Sellers also need to consider when the consideration will be received, what adjustments may apply and whether any payments depend on future events.

Our lawyers advise on:

  • Fixed purchase prices and completion adjustments
  • Locked box pricing mechanisms
  • Completion accounts
  • Deferred consideration
  • Earn out arrangements
  • Retentions and escrow arrangements
  • Buyer security and payment obligations
  • Restrictive covenants and post-sale commitments

Deferred consideration and earn outs require particular care.

Where payments depend on future business performance, disagreements can arise over accounting policies, management decisions and the calculation of financial targets.

We focus on negotiating clear contractual provisions that reduce uncertainty and protect the seller’s entitlement to payment.

Managing Buyer Due Diligence and Disclosure

Buyer due diligence can be one of the most demanding stages of a company sale.

The seller may need to provide extensive documentation, respond to detailed enquiries and address concerns about historical liabilities.

Our business and company sales lawyers help coordinate the legal aspects of this process, working with management teams and other advisers to provide accurate information efficiently.

We also advise on disclosure letters and the negotiation of warranties and indemnities.

These provisions can have important consequences after completion, particularly where a buyer subsequently alleges that information provided during the sale was inaccurate or incomplete.

Our objective is to ensure that the seller understands the obligations being accepted and that liability is appropriately limited.

Selling a Business to an Overseas Buyer

International buyers can provide valuable exit opportunities for UK business owners.

However, a cross-border sale may involve different approaches to due diligence, transaction documentation, financing and completion.

We advise UK businesses and shareholders selling to overseas purchasers, as well as international corporate groups disposing of UK subsidiaries or assets.

Our experience includes advising a European internet services business on the US$36 million sale of assets to a UK AIM-listed company.

International transactions may require coordination between legal advisers in different jurisdictions, particularly where the business has overseas subsidiaries, employees, contracts or intellectual property.

We manage the UK legal aspects and work alongside overseas advisers where required, helping sellers maintain control of the transaction and understand the implications of the proposed arrangements.

Protecting Your Position After Completion

For many sellers, the objective is to realise the value of their investment and move on without unnecessary continuing exposure.

However, sale agreements may impose obligations that continue after completion.

These can include warranty claims, indemnities, restrictive covenants, transitional services, earn out arrangements and obligations to assist with the transfer of business operations.

Where founders or senior managers remain involved, their future employment, consultancy or shareholder arrangements also need careful consideration.

Our lawyers negotiate these provisions with the seller’s wider objectives in mind.

We aim to minimise avoidable liabilities and ensure that continuing commitments are clearly defined, proportionate and commercially workable.

Our corporate lawyers are here to help you

Experienced Business and Company Sales Lawyers

IMD Corporate’s Corporate & Commercial team is ranked Tier 3 in The Legal 500 UK 2027.

We understand that business owners need legal advisers who can protect their interests without making a transaction unnecessarily complicated.

Our approach combines careful negotiation with practical advice about the issues most likely to affect the sale price, the seller’s liability and completion.

Clients work directly with experienced corporate lawyers who understand the transaction and remain actively involved throughout.

Contact Our Business and Company Sales Lawyers

Whether you are preparing to sell a company, negotiating with a potential purchaser or considering an exit from an established business, we can help you understand your options and protect your commercial position.

Early advice can make a significant difference to the structure, negotiations and eventual outcome of a sale.

Contact IMD Corporate on 0330 107 0106 or request a free call back.

We pride ourselves on delivering commercially minded legal solutions grounded in integrity, collaboration and a genuine commitment to client success.

Why clients trust IMD Corporate for business and company sales

Business and Company Sales Lawyers

Selling a business is often a once-in-a-lifetime transaction for its owners. At IMD Corporate, we help sellers protect the value they have built, limit continuing liability and keep the sale moving through to completion.

We provide:

  • Practical preparation for buyer due diligence before the business goes to market
  • Careful negotiation of price mechanisms, deferred consideration and earn outs
  • Clear limits on warranty and indemnity exposure after completion
  • Experience of sales to UK and overseas buyers

Talk to us today about:

Company and corporate restructure

There are many reasons why you might consider restructuring your business or changing the way you are organized. You may need to streamline operations, reposition yourself in the market, prepare for an exit, facilitate growth, raise capital, ringfence your exposure to risk and liability, refinance borrowing, consolidate debt or avoid a collapse into insolvency.

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Corporate governance and compliance

Every business needs a corporate governance and compliance strategy to direct and control the way in which business is run and to ensure that any generic or sector specific rules and regulations are adhered to. This is the case whether you are a start-up business or an established enterprise and whether you operate as a company, a partnership or an LLP.

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Directors Service Agreements

Our corporate solicitors draft and negotiate directors service agreements to align with your commercial goals, governance requirements and legal obligations.

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Legal due diligence

Nobody likes nasty surprises, particularly in business, which is why due diligence has developed as a necessary prerequisite for commercial transactions where it is vital that you know what you are letting yourself in for before you commit to proceed.

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Public offerings

Converting your business from a privately owned company to one in which the public car invest, is a complex process that can only be navigated with the help of specialist advisors. This is particularly true where your chosen route to becoming a plc is to apply to be listed on the London Stock Exchange where you will need the support of a sponsor, and underwriter, a lawyer, a broker and a reporting accountant.

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Set up a company in the UK

If you are on the brink of setting up a business then your focus is likely to be on key issues like securing the money you need to get off the ground, finding premises from which to trade, recruiting members of staff and building a loyal customer base.

Find out more

Do you have a legal issue that
needs to be resolved in the UK?

Why us?

Why Choose IMD Corporate?

01.

Why Choose IMD Corporate?

Our team is adept at handling intricate cases involving international elements, such as division of assets across borders, child abduction and child relocation. This makes us particularly suited for individuals with international family or business ties.

02.

Award-Winning Legal Excellence

We are proud recipients of multiple national awards, a testament to our commitment to legal excellence. Our awards reflect our high standards and dedication to achieving the best outcomes for our clients. You can check the list of our awards by clicking here.

03.

Outstanding Client Testimonials

Our clients’ satisfaction speaks volumes about our services. We invite you to read the glowing testimonials on ReviewSolicitors, which showcase our ability to exceed client expectations.

04.

Proven Track Record in Complex Cases

Our firm has a proven track record of successfully handling complex legal cases, particularly those involving cross-border elements. Our expertise is especially beneficial for individuals seeking sophisticated legal solutions.

05.

Deep Cultural Understanding

At IMD Corporate, we recognise the significance of cultural nuances in legal matters. Our team, with its diverse cultural backgrounds, is uniquely positioned to understand and empathetically address the specific needs of clients from various international communities.

06.

Personalised and Compassionate Approach

We believe in a client-centric approach, offering personalised and compassionate legal advice. Understanding that each case is unique, we tailor our strategies to suit individual client needs.

07.

Comprehensive Legal Services

Beyond family law, we offer a wide range of legal services, making us a one-stop solution for all your legal needs, whether personal or business-related.

08.

Commitment to Client Communication

We believe in empowering our clients with knowledge. Our team ensures that you are well informed about the legal processes and your options, enabling you to make educated decisions.

09.

Comprehensive Legal Services

Our extensive network of international legal and professional contacts allows us to efficiently handle cases that span multiple jurisdictions, providing a seamless legal experience for our clients.

10.

High Ethical Standards

As a reputable law firm, we adhere to the highest ethical standards, ensuring transparency, integrity, and professionalism in all our dealings.

Talk to us today

If you need legal advice, contact us today to request a free callback. Please note that all meetings are by appointment only in all our offices.

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    Frequently Asked Questions

    What is the process for selling a limited company?

    A company sale typically involves preparation, identifying a buyer, negotiating heads of terms, buyer due diligence, agreeing the share purchase agreement and completing the transfer. The process varies depending on the business and transaction structure.

    Can I sell my company without remaining liable for its debts?

    In a share sale, the company generally retains its liabilities after ownership changes. However, sellers may still have contractual exposure through warranties, indemnities or guarantees. These matters should be addressed during negotiations.

    What is an earn out when selling a business?

    An earn out is an arrangement under which part of the purchase price depends on future performance or other agreed targets. It can help bridge valuation differences but requires carefully drafted provisions.

    Should I prepare my company for sale before finding a buyer?

    Yes. Reviewing corporate records, contracts, ownership arrangements and potential liabilities before approaching buyers can reduce delays and improve the company’s readiness for due diligence.

    Can I sell my UK business to an overseas company?

    Yes, subject to any applicable regulatory or other legal requirements. Cross-border sales may involve additional due diligence, investment screening, tax considerations and coordination with overseas advisers.

    When should I contact business and company sales lawyers?

    Ideally, before agreeing substantive terms with a buyer. Early advice can help protect your negotiating position and ensure that the proposed sale structure supports your intended exit.