We have a vast amount of experience in acting for management teams in management buy-outs. Time and time again management teams choose us as their advisors. The typical stages of an management deal are as follows:
Considerations of conflicts of interest for the management team
Liasing with corporate finance advisers in the search for backing
Reviewing Heads of Terms with the vendor and/or corporate financiers
Drafting appropriate confidentiality agreements and lock-out agreements
Drafting the purchase agreement and negotiating it with the vendors
Drafting the appropriate tax deed and negotiating it with the vendors
Reviewing the venture capitalists subscription agreement and articles of association, focusing particularly on the issues that concern management
Project managing the acquisition and finance raising
Dealing with employment issues, such as new contracts for the management team
Dealing with employee share issues that arise
Completing and dealing with all appropriate filings
We aim to offer a pro-active service that sets out clearly what our role will be, and then assist the management team to manage expectations to that role