What are the elements of a successful asset purchase agreement in San Diego and Southern California? Are you planning the acquisition of a competitor or purchasing the assets of a company who is going out of business? The experienced San Diego asset purchase contract lawyers at the Watkins Firm have decades of experience in these transactions.
A Strong Agreement and Due Diligence
The Watkins Firm uses the valuable experience we have gained over more than 40 years of structuring these acquisition contracts to protect your interests as the buyer, structure or negotiate a transaction and develop an asset purchase contract to facilitate the deal. Our experienced asset purchase attorneys understand the importance of maintaining a positive and constructive atmosphere during negotiations and due diligence, and work to ensure the transaction is facilitated while protecting our client’s exposure to risk and future liability.
The risk associated with these transactions can be kept to a minimum based upon thorough research and due diligence and a close inspection of the assets to be acquired. The experienced San Diego asset purchase contract lawyers at the Watkins Firm research any potential liens or encumbrances which might slow the transfer of clear title.
What Are the Elements of a Successful Asset Purchase Agreement?
The elements of a successful Asset purchase agreement must be carefully crafted into the contract to ensure crucial aspects of the transaction are clearly addressed, including but not limited to:
- Detailed description and condition of asset(s) to be transferred
- Seller’s representations and warranties
- Due diligence, inspection
- Conveyance of title
- Terms, conditions and payment
The primary advantage of an asset purchase for the buyer is the limitation of present and future liability. Mergers and acquisitions strategies such as an asset purchase agreement are an excellent and proven way to expand and grow your company. The newly acquired equipment, inventory, customers, facilities, products or assets can open new vertical or geographical markets allowing your business volume to expand to meet new opportunities.
We Begin with a Proven, Battle Tested Proprietary Asset Purchase Agreement
We save our clients a substantial amount of money and risk by using a proven battle tested proprietary asset purchase agreement from our library of constantly updated contracts. We simply tailor this to meet the unique requirements of the transaction at hand in order to facilitate a cost-effective and timely purchase.
The elements of a successful asset purchase agreement based upon a proprietary Watkins Firm contract ensures that our clients complete a successful asset purchase to position their business for new growth and profit opportunities while reducing or eliminating every conceivable risk. If you are considering an asset purchase, stock purchase transaction, or opportunities for mergers and acquisitions we invite you to review our Podcast Episode 13 – Mergers and Acquisitions, the strong recommendations of our clients and contact the Watkins Firm or call 858-535-1511 for a complimentary consultation today.
