OKC Acquisitions Lawyer

Jennifer A. Bruner, Attorney at Law, PC can guide businesses and business-owners through all aspects of selling, buying, and merging companies.

We provide comprehensive legal advice in regard to selling or buying shares or business assets, real estate, and the many services and agreements related thereto, such as the following:

More About OKC Acquisitions

An acquisition typically involves one company buying all the shares or assets of another company and often occurs when at the start of a new business or when an existing business is looking to expand to additional locations, markets, or services. Our firm will assist you in all aspects of an acquisition, no matter what type of acquisition it is. We will help guide you through all the contracts, which will consider the transfer of goodwill, employment law concerns, restrictive covenants, prorating of expenses up to closing, conditions to closing, and the warranties and covenants to be made for the protection of Buyer and Seller.

We can also help you review the proposed offer, suggest when to obtain advice from your accountant, or make recommendations for other professionals or consultants, as needed. Whether the acquisition involves the purchase/sale of products, buildings, or shares, our firm can guide you through an acquisition. 

Frequently Asked Questions

1. What is the difference between an asset purchase and a share purchase?

In an asset purchase, the buyer acquires specific assets and liabilities of a business, such as equipment, inventory, or contracts. In a share purchase, the buyer acquires ownership of the company itself by purchasing its shares, taking on all existing assets and liabilities. An acquisitions lawyer can help you determine which structure is most advantageous for your situation.

2. Do I need a lawyer to buy or sell a business in Oklahoma City?

While it is not legally required, having an experienced acquisitions attorney is strongly recommended. Business transactions involve complex contracts, regulatory considerations, and potential liabilities that can have long-term financial consequences. Legal guidance helps protect your interests throughout the entire process.

3. What is a restrictive covenant, and why does it matter in an acquisition?

A restrictive covenant is a clause in a contract that limits what a party can do after a transaction is complete. Common examples include non-compete and non-solicitation agreements, which prevent a seller from immediately starting a competing business or recruiting former employees. These provisions are important for protecting the value of the business being acquired.

4. How long does the acquisition process typically take?

The timeline varies depending on the size and complexity of the transaction, the type of acquisition, and how quickly due diligence can be completed. Simple acquisitions may close in a matter of weeks, while more complex deals involving real estate or multiple contracts can take several months. Our firm works to keep the process as efficient as possible.

5. What should I bring to my first consultation with an acquisitions lawyer?

It is helpful to bring any existing contracts, financial statements, letters of intent, proposed offers, and any documents related to the business being bought or sold. The more information you can share upfront, the better our team can assess your situation and provide tailored legal advice.