Solicitor in Leicester specialising in Business Sale/Business Purchases
Whether you’re selling your business to a management team, or you’re buying the business from the current owners, Steven Mather is an expert MBO Solicitor in Leicester. Steven can help you structure the deal properly, protect your position and get the deal done on time and on budget. Steven Mather Solicitor is a specialist business solicitor in Leicester, backed by the national team at Nexa Law. Steven has acted for hundreds of businesses and so if you are looking for the best quality legal advice then you've found the lawyer. Every time Steven strives to provide:
- Plain English Advice
- Time - to understand your situation and all that you're faced with
- Results - getting the best possible result for you
- Value - fixed fees for your certainty where possible
- Convenience - meetings by phone, video call or in-person at a time to suit you.
Why do you need a Management Buy Out (MBO) or Management Buy In (MBI) Solicitor?
Management Buy Outs or Management Buy Ins can be complex business and legal transactions. Our expert MBO Solicitors will help you, whether your the vendor/seller or the buyer – we’ve got decades of experience to ensure you get the deal done.
MBOs happen when an ambitious management team want to take over part or all of the business, or where the current shareholders have decided to exit the business for example at retirement or to extract cash out of the business to claim entrepreneurs relief.
Often in an MBO, a new company will be formed to purchase the shares from the vendor/selling shareholders. It may be that’s the purchase price is financed through debt, and commonly that may be through vendor loans – the buyers pay the purchase price over a period of years post-completion. Sometimes it can be financed through loan notes and debentures.
Whatever the structure, our MBO solicitor has the experience to help.
Steven works with fixed fees, and for each job a bespoke proposal is given.
We typically start at between 1-2% of the overall deal value in calculating a baseline for fees. However, sometimes that doesn’t quite work, particularly on deals below £250,000 - so we have a minimum fee of £2,500 plus vat for the smaller deals.
Send me the details and I will tell you how I can help and what it will cost. Get in touch today.
Incidentally, we rarely price match other solicitors - simply because the lower priced ones don’t provide the same level of service (or any!). However, we will usually be cheaper than ‘proper’ commercial firms (eg those with glass fronted offices, ones in Legal 500, ones that have a ‘coffee menu’… you know the ones).
Whether you are buying or selling a business, doing as a share sale or an asset purchase, or you just don’t know - get in touch.
Steven’s typical client is probably like you - never sold a business before - and so we’ll help you every step of the way.
Send me the details and I will tell you how I can help and what it will cost. Get in touch today.
