SME Mergers & Acquisitions
- January 27, 2021
- Jonathan Earl
- Comments Off on SME Mergers & Acquisitions
The Merger and Acquisition (M&A) process is complex and risky, and it is important that one procures the services of experienced legal advice to protect a company’s interests and ensure legal compliance with the numerous regulatory laws and statutes governing M&A transactions.
In a merger, the owners of two or more businesses agree to combine their companies to extend their reach, gain market share, and reduce the costs of operations. Companies seeking a merger are often, but not always, of similar size and earnings. Once the merger is complete, the two businesses cease to exist as individual entities and become a new company.
Acquisitions are typically structured as purchases. One company or business entity purchases another company’s (or businesses) assets or ownership units to gain control.
Mergers and acquisitions can occur for any number of reasons, including growing income and market share, to survive a tough market, or to take over competitors. This also commonly happen by way of a sale of a business on the retirement of the owners, by way of a share sale or asset sale.
To successfully navigate a merger or acquisition one needs a firm who will identify your business objectives and the relevant legal issues, create a roadmap to take your business through the deal. The team will advise on negotiating tactics and strategies, conduct due diligence, and ultimately make the transaction happen. Mergers and acquisitions often present complex business, legal, tax, employment, intellectual property, and liability issues.
Nolan Farrell & Goff LLP has an experienced and skilled team of solicitors who specialise in mergers and acquisitions. They were pleased to have worked with and advised Padraig and Marie Dolan, founders of Havenwood Retirement Village Ltd., in the acquisition of their 64-bed facility in Waterford by the Aperee Group. Partners, Myles O’Connor, Brid Cahill and Valerie Farrell led the team at Nolan Farrell & Goff Solicitors and worked closely with PWC who advised on financial and tax issues.
Mergers and acquisitions carry risks, even when both companies are honestly motivated and want to improve both companies’ standing in the market. But an experienced team of solicitors can help you avoid the pitfalls of a merger or acquisition.
NB – This is a guide for information purposes only and does not constitute legal advice. If you have an issue requiring legal advice, please contact any of the team at Nolan Farrell & Goff Solicitors LLP, whose numbers can be found on our website, www.nfg.ie