This is a guide to the stages and documents involved in an asset purchase.
The Guide outlines the typical stages and key documents involved in an asset purchase transaction. It begins with preparing for sale, followed by preliminary agreements like confidentiality and exclusivity agreements. Due diligence is crucial, involving a comprehensive investigation to assess the seller and target business. The Asset Purchase Agreement and Disclosure Letter are central documents, detailing assets, price, warranties, and indemnities. Ancillary documents are needed for asset transfer authorisation. Payment of consideration can be in cash, loan notes, or equity securities, with deferred payments based on business performance. Remedies for breach of agreement are outlined. The document explains the importance of understanding these stages to facilitate a smooth business acquisition process.
Also download:
Exclusivity Letter (business and asset purchase) template
Confidentiality Letter (asset purchase) template
Heads of Terms (business & asset purchase) template
Business & Asset Sale Agreement template
This Guide and tese templates are supplied subject to our Terms of Sale