Clear, practical, pragmatic advice for your asset or share transactions

When buying or selling a private company, your first decision should be if you wish to buy or sell the business assets or shares. Whichever route you choose to go down, it is important to seek expert advice from legal advisers with experience and commercial knowledge to secure the best outcome for your business.

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Share sales and purchases

Our experienced partner-led corporate team works for both buyers and sellers, taking the time to understand their business and the objectives of the transactions. Our specialist lawyers provide clear, pragmatic, practical advice on the best options for you and your business.

In a share sale, the buyer is purchasing the entire business entity, including all assets, obligations and liabilities including any company debt and so, compared to an asset sale, the process and documentation is more in-depth.

Our corporate solicitors can advise both sellers and buyers on each aspect of the share transaction including:

  • Due diligence

  • Board minutes

  • Stock transfer forms

  • Preparing purchase/sale agreements

  • Appointments and resignations of company officers

  • Dealing with any associated property or leases

Asset sales and purchases

Asset sales and purchases can be more straight forward than share sales as the buyer is acquiring specific business assets and liabilities rather than the whole entity, known as ‘cherry picking’, which can reduce the risk involved and make the transaction simpler.

However, there are still important considerations such as third-party consents and approvals, and overall due diligence, so it is still key to seek expert legal advice for your asset purchase or sale.


Sweeney Miller Law's Business Asset Sales and Purchases team works with businesses of all sizes, from large blue-chip companies, to mid-size businesses, to independent and family-run businesses like takeaways, hairdressers, off-licences and taxi firms.


To speak to a member of our experienced corporate team, call us on 0345 900 5401, email or use our contact form.