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Mergers & Acquisitions

Practical, deal-focused counsel for buyers and sellers—from LOIs and legal diligence through definitive agreements, closing documents, and agreed transition support.

Transaction Counsel

Deals require focus and experience.

Buying or selling a business is a consequential ownership transition. The process calls for careful legal planning, clear documentation, and attention to the agreed terms.

Relevant Law provides practical transaction counsel. We help buyers and sellers identify legal issues, negotiate transaction documents, and prepare for an orderly closing.

Whether you're an entrepreneur acquiring your first business, a founder planning an exit, or a company making strategic acquisitions, lawyers provide the transaction experience you need.

Why It Matters

Deal Protection

Proper structure and documentation protect your investment and ensure you get what you're paying for, or selling.

Risk Allocation

Every transaction allocates risk between buyer and seller. Your lawyer ensures you understand and negotiate appropriate risk distribution.

Value Preservation

Legal diligence and careful documentation help the parties identify matters that may affect transaction terms or closing conditions.

Deal Certainty

Clear responsibilities, a documented process, and coordinated closing deliverables support an orderly transaction.

Clean Exits

Transaction documents can define the agreed allocation of responsibilities and post-closing obligations.

Future Flexibility

Today's transaction affects tomorrow's options. Lawyers consider long-term implications of deal terms and structure.

Services

M&A counsel from LOI through transition.

Buy-side and sell-side counsel includes transaction planning, legal diligence, definitive agreements, negotiated risk allocation, ancillary and closing documents, and agreed transition support.

Buy-Side Representation

LOIsLegal due diligencePurchase agreementsClosing documents

Counsel for buyers from early transaction planning through signing and closing, including LOIs, legal due diligence, purchase-agreement negotiation, ancillary documents, and transition planning.

Sell-Side Representation

Sale preparationLOIsDefinitive agreementsTransition support

Counsel for sellers preparing for and documenting a business sale, from letters of intent and diligence requests through definitive agreements, closing deliverables, and agreed transition support.

Due Diligence

Organization recordsContract reviewIP reviewDisclosure support

Legal due diligence for buyers and sellers, focused on organizational records, material contracts, intellectual property, employment matters, and other legal issues relevant to the transaction.

Letter of Intent Drafting

Key legal termsExclusivityConfidentialityDefinitive-document roadmap

Letters of intent establish the framework for a proposed transaction. Lawyers draft and negotiate key legal terms, including scope, exclusivity, confidentiality, and the path to definitive documentation.

Purchase Agreements

Asset purchase agreementsStock purchase agreementsMembership-interest agreementsNegotiated risk allocation

Lawyers draft and negotiate asset purchase agreements, stock purchase agreements, and membership-interest purchase agreements, with negotiated risk allocation, representations, warranties, covenants, conditions, and closing mechanics.

Asset Purchase Transactions

Asset schedulesAssumed obligationsContract assignmentsAncillary documents

Asset purchase transactions require careful definition of transferred assets, assumed obligations, contract assignments, and closing conditions. Lawyers document the agreed structure and related deliverables.

Equity Purchase Transactions

Equity transfersRequired approvalsOwnership recordsClosing deliverables

For stock and membership-interest purchases, lawyers document the transfer of ownership interests, required approvals, and transaction terms in coordination with the parties' other professional advisors.

Disclosure Schedules

Contract schedulesException disclosuresSupporting detailAgreement coordination

Disclosure schedules provide transaction-specific exceptions and supporting detail for negotiated representations and warranties. Lawyers prepare and review schedules as part of definitive-agreement work.

Closing Documents

Officer certificatesThird-party consentsAssignmentsClosing coordination

Lawyers prepare and coordinate transaction closing deliverables, including certificates, consents, assignments, and other ancillary documents, while tracking agreed closing conditions with the deal team.

Transition Support

Records handoffGovernance updatesPlanned deliverablesTransition coordination

After closing, lawyers can help document and implement agreed transition matters, including records handoff, governance updates, and other planned post-closing deliverables.

Contingent Consideration Terms

Defined metricsMeasurement periodsCalculation mechanicsPayment terms

Where parties agree to contingent consideration, lawyers can document clear definitions, measurement periods, calculation mechanics, and payment terms as part of the transaction agreement.

Virtual-First Transactions

Close deals from anywhere.

M&A transactions no longer require conference rooms full of lawyers. The virtual-first approach means you can execute transactions efficiently from wherever you are.

Video negotiations allow face-to-face strategy sessions and negotiation calls without travel delays.

Secure deal rooms through MyRelevant keep all transaction documents organized and accessible to authorized parties.

Electronic closings with digital signatures and remote notarization enable efficient transaction execution.

MyRelevant for Transactions

Deal Room

All transaction documents organized in one secure location, LOIs, due diligence, purchase agreements, and closing documents.

Real-Time Updates

Track negotiation progress, document status, and closing conditions through your portal.

Transaction Timeline

Key dates, deadlines, and milestones tracked and visible throughout the deal process.

Virtual Negotiations

Strategy sessions and negotiation calls via video conference from anywhere.

Secure Sharing

Share documents with counterparties, advisors, and lenders with controlled access.

Permanent Archive

Transaction records preserved for future reference and planned business needs.

The Process

How lawyers guide your transaction.

From initial strategy through closing and beyond, here's what to expect when working with your lawyer on your M&A transaction.

01

Initial Strategy

Your lawyer discusses your transaction goals, timeline, proposed structure, and legal priorities—whether you are buying or selling.

Transaction-specific

02

Deal Structuring

Your lawyer helps frame the proposed legal structure, including an asset purchase, stock purchase, or membership-interest purchase, and identifies documentation priorities.

Transaction-specific

03

Document Preparation

Your lawyer prepares or reviews LOIs, definitive purchase agreements, disclosure schedules, and ancillary documents to reflect the negotiated transaction.

Transaction-specific

04

Negotiation Support

Your lawyer negotiates legal terms with the other side's counsel and advises on how proposed terms affect the transaction documents.

Transaction-specific

05

Due Diligence & Closing

Lawyers conduct or support legal due diligence, prepare closing deliverables, and coordinate agreed transaction documents through closing.

Transaction-specific

06

Transition & Records

After closing, lawyers can assist with agreed transition documentation and maintain an organized record of transaction documents for future reference.

As agreed

Common Questions

M&A questions answered.

How early should I engage counsel for an acquisition?

Ideally before signing an LOI. While LOIs are largely non-binding, they establish expectations on key terms that become difficult to renegotiate. Early involvement helps you avoid committing to unfavorable terms and identifies potential issues before you've invested significant time and money.

What's the difference between asset and stock purchases?

In an asset purchase, the buyer acquires identified assets and assumes agreed obligations. In a stock or membership-interest purchase, the buyer acquires ownership interests in the entity. The appropriate structure depends on the parties' business objectives and should be coordinated with their tax and financial advisors.

When should counsel become involved in a sale or acquisition?

Counsel is most useful before an LOI is signed and throughout the process of legal diligence, definitive-agreement negotiation, and preparation of closing documents. The transaction timeline depends on the parties, the diligence process, and the agreed closing conditions.

What does due diligence involve?

Legal due diligence reviews matters relevant to the transaction, such as organizational records, material contracts, intellectual property, employment matters, and regulatory compliance. The scope is tailored to the transaction and works alongside the parties' financial and operational review.

Can an agreement include contingent consideration?

Yes. If the parties agree to contingent consideration, the transaction agreement can define the metrics, measurement period, calculation mechanics, and payment terms. Each party should consider those terms with its financial and tax advisors.

What representations and warranties should I expect?

Representations and warranties commonly address organization, authority, material contracts, compliance, employees, and intellectual property. Their scope, qualifications, and related risk-allocation provisions are negotiated for the specific transaction.

What documents are needed at closing?

Closing requirements vary by transaction, but may include the purchase agreement, certificates, consents, assignments, releases, and other ancillary documents. Counsel coordinates the legal documents and agreed conditions with the deal team.

Can you handle the entire transaction virtually?

Many transaction tasks—including document review, negotiations, and execution of transaction documents—can be handled remotely, subject to the parties' needs and applicable formalities. Secure document sharing can keep the deal team organized.

Related Services

Related business services.

Ready to discuss your transaction?

Whether you're buying, selling, or exploring options, lawyers are ready to help. Schedule a consultation to discuss your transaction and how lawyers can support your goals.

State Disclosures

Virginia: Legal services in Virginia are provided by independently owned and operated Virginia law firms doing business as Relevant Law. The responsible licensed Virginia lawyer and office address for each Virginia location are listed on that location's office page.

Washington: The Supreme Court of Washington does not recognize specialties in the practice of law, and no representation is made that the quality of legal services to be performed is greater than the quality of legal services performed by other lawyers.

Relevant Law offices are independently owned and operated by licensed attorneys.