Why do you need an experienced attorney for a merger or acquisition in San Diego or Southern California? Savvy business owners understand mergers and acquisitions are proven strategies for growth in San Diego.
“Thousands of Mergers and Acquisitions”
The experienced business attorneys at the Watkins Firm have served the San Diego business community for more than four decades. We provide proven, battle-tested due diligence checklists and M & A contracts from our proprietary library of forms built over our decades of successful experience in all forms of mergers and acquisitions.
Many business professionals are a bit overwhelmed with the term mergers and acquisitions, however these important events in the life of a business are actually quite common. The national failure rate on business acquisition transactions is quite high according to the Harvard Business Review. A recent article provided analysis of multiple large collegiate and private studies estimating the failure rate in these transactions to be more than 70%.
Dan Watkins noted in a recent podcast that the Watkins Firm has done “thousands of mergers and acquisitions” over the past several decades. “The difference is, ours (acquisitions transactions) are overwhelmingly successful. We pay attention to the finest of details and protect our clients goals and interests.” What is the key to a successful merger or acquisition? Planning, strong contracts and effective, focused due diligence. You need an experienced attorney for a merger or acquisition regardless of whether you are the buyer or the seller. You need the Watkins Firm.
The Two Primary Business Acquisition Strategies
The two primary business acquisition strategies include an asset purchase or a stock purchase. An asset purchase allows a business to acquire the specific customers, operations, equipment, real estate, production capacity, intellectual property, inventory, vehicles and other business assets required to expand operations or target new vertical or geographic markets.
A stock purchase is used to acquire a business outright. In a stock purchase the buyer steps into the shoes of the seller, assuming all assets and liabilities of the company they are purchasing. Stock purchase transactions require extensive due diligence, negotiation and strategies to protect the buyer from unforeseeable contingent liabilities that might arise once the transaction is completed.
This investigation includes an assessment of all assets and their present condition, associated financing, corporate debt, products and intellectual property, the customer base and employees, as well as current market and product conditions, past, present and future sales and the continuation of goodwill and business development.
Your Experienced Attorney for a Merger or Acquisition
Your lawyer from the Watkins firm is more than just an experienced attorney for a merger or acquisition in San Diego or Southern California. We have successfully guided our clients through thousands of acquisition transactions of all sizes for more than 40 years. This experience helps us to protect our client’s goals and interests at every step while ensuring the completion of a profitable and successful merger or acquisition.
What are the risks you will face? How do you approach a competitor or even a major corporation about purchasing an under-performing division or the assets you require? How do you ensure existing primary customers and key employees remain during the transition? What are the risks and interests for a seller? What are the best strategies to protect the goals and objectives of the buyer?
Do you need an experienced, proven legal partner to ensure a smooth merger or acquisition here in San Diego or Southern California? We invite you to review our Podcast Episode 13 – Mergers and Acquisitions as well as the strong recommendations of our clients and contact the Watkins Firm or call 858-535-1511 for a complimentary consultation today.
